Hyperliquid (HYPE) Price Prediction: Strong Fundamentals Signal Push Towards $55 Breakout Zone

Hyperliquid HYPE is holding strong above key support, with participants watching closely as momentum builds towards the next potential breakout.

HYPE Hyperliquid price is catching the market’s eye once again, with participants pointing to signs that the HYPE token may be gearing up for its next breakout. After holding firm above the $42 to $45 support zone despite wider market weakness, momentum is quietly building in its favor.

Hyperliquid’s current price is $44.21, up 0.30% in the last 24 hours. Source: Brave New Coin

Strength in HYPE Builds Case for Higher Prices

While most major altcoins were trading in the red, HYPE managed to hold firm and even push into positive territory. The relative strength chart highlights how HYPE outperformed Bitcoin, Ethereum, and other large caps during the same session, a sign that buyers are continuing to rotate into this name despite broader market softness.

Holding above $45 with steady momentum suggests that HYPE is carving out its own path of resilience rather than simply following the wider trend.

Hyperliquid shows strong resilience, outperforming Bitcoin and Ethereum as it holds steady above $45. Source: Filthy via X

From a technical angle, this type of relative strength often signals that a project is being accumulated quietly while others struggle. If HYPE maintains this behavior, it could be setting the stage for an upside move once broader sentiment improves.

Undervaluation Narrative Grows Stronger for HYPE

Fresh data shared by Aylo shows that Hyperliquid’s HYPE Supply Weighted P/E (SWPE) ratio has dropped to 2.95, the lowest since April and well below its long-term average of 4.5. At the same time, revenues tracked on a 30-day EMA basis are climbing to new all-time highs, pointing to a sharp disconnect between the project’s earnings strength and its current market valuation.

HYPE posts record revenues while its SWPE ratio sinks to multi-month lows, signaling a potential undervaluation. Source: Aylo via X

When revenues are growing while the SWPE ratio falls, it often signals that the asset is trading at a discount relative to its fundamentals. For HYPE, this combination suggests that current levels may represent a strong opportunity.

Technical Outlook: Analyst Points to Another Upside Leg

Analyst Bagsheera points out that HYPE price is setting up for what could be its next push higher, with the chart showing a period of consolidation. Price is currently holding near $46 to $47, an area supported by strong volume profiles on the right-hand side of the chart. This base-building structure often acts as a launchpad when buyers absorb supply and prepare for a new trend leg.

HYPE consolidates near $46–$47 with strong volume support, eyeing $51–$55 as the next potential breakout targets. Source: Bagsheera via X

If momentum carries through, Fibonacci extensions highlight $51 and $55 as the next upside zones to watch. A clean break above $47 with strong volume could confirm continuation, opening the door toward these higher targets. Structurally, HYPE’s ability to maintain higher lows despite recent market chop strengthens the argument that another move higher is in play.

HYPE Hits Fresh ATH Against Bitcoin

HYPE Hyperliquid price has just marked a new all-time high versus Bitcoin, signaling strong relative momentum. The weekly chart shows a steady series of higher closes, with support now built around 0.00035 and 0.00032. This structure suggests that buyers are firmly in control, and capital rotation is beginning to favor HYPE over BTC.

HYPE records a new all-time high against Bitcoin, with RSI strength signaling further upside potential towards 0.00045. Source: x256xx via X

Momentum indicators remain supportive, with the RSI holding near 63, a level that leaves room for further upside without overextension. If strength continues, the next target lies towards the 0.00045 region. Holding above current breakout levels would confirm that HYPE is not just following the market but actively outperforming one of the strongest benchmarks in crypto.

Final Thoughts: Hyperliquid to Remain Strong in 2025?

HYPE’s mix of growing revenues, undervaluation metrics, and strong relative strength against both Bitcoin and major altcoins paints a picture of quiet but steady accumulation. As long as price holds above the $45 to $42 support band, the setup remains constructive, with Fibonacci extensions pointing towards $51 to $55 as logical next checkpoints. In markets, resilience during broader weakness often reveals the assets institutions and long-term players are backing.

Looking into 2025, Hyperliquid’s fundamentals could continue shaping the bullish narrative, especially with revenues climbing to fresh highs while valuation ratios sit near cycle lows. Short-term pullbacks are likely, but the structure suggests that Hyperliquid price is positioning for sustained strength. Overall, the outlook for a positive Hyperliquid price prediction in 2025 remains intact, with momentum and fundamentals aligned for further growth.