Hyperliquid Price Prediction: Will the Sell Wall Crumble?

Hyperliquid (HYPE) is showing strength! We analyze the thinning sell wall, technical breakouts, and predictions for this altcoin.

Hyperliquid Price Prediction: Will the Sell Wall Crumble?

Hyperliquid (HYPE) is turning heads! After weeks of consolidation, can it break through resistance? We dive into the thinning sell wall and potential breakout.

Hyperliquid Holding Strong

Hyperliquid is looking super strong, holding above its previous all-time high. This kind of post-breakout accumulation often builds the base for the next leg up. The weekly candles are tight, volume has remained steady, and the horizontal support near $38 has been respected throughout. This extended sideways range suggests strong hands are in control, absorbing dips and building positions.

Technical Outlook: Eyes on the $44 Breakout

HYPE is maintaining a solid uptrend, respecting higher lows and pushing against the key resistance zone around $44. A breakout above this level would mark a significant technical shift and likely trigger continuation toward the $50 to $55 range. The trendline support from late May has held each dip, while the consolidation under resistance is tightening. This kind of coiling action often precedes explosive moves.

Selling Order Book Thinning Out

Momentum on HYPE’s order book is quietly shifting in the bulls’ favor. The massive sell wall at $50, once stacked at $70 million, has thinned down to $48 million over just three days. This thinning of the wall supports the broader bullish thesis building across higher timeframes. After seven weeks of accumulation and multiple failed breakdowns, this kind of silent melt of major sell pressure hints at smart money positioning ahead of a breakout.

Hyperliquid Price Analysis: Ascending Triangle Forming

HYPE is now forming a clean ascending triangle. Price reclaimed the range low and has been printing higher lows, pressing into horizontal resistance around $43. Structurally, this kind of setup tends to resolve upward, especially after a prolonged consolidation phase. Support has consistently held at $38, while the short-term price is now coiling between $39 and $43. A confirmed breakout above $44 would open up the path toward the previous high near $48, and possibly send the price into new all-time highs if momentum follows through.

Hyperliquid Price Prediction: What’s Next for HYPE?

Some are predicting a $100B market cap for Hyperliquid. After weeks of tight consolidation, thinning sell walls, and clean technical structure, this kind of upside target is starting to shift from fantasy into long-shot territory. Right now, the chart is doing the groundwork. The ascending triangle remains intact, the $50 sell wall has thinned out, and buyers are quietly gaining the upper hand.

Final Thoughts

Will Hyperliquid break free? With the sell wall shrinking and technicals aligning, a breakout could be on the horizon. Keep an eye on that $44 level – it could be the key to unlocking the next phase. Only time will tell if HYPE can live up to the hype!