- Hyperliquid (HYPE) is attempting to recover key price levels, with analysts suggesting a possible climb toward $50 if it breaks major resistance zones.
- However, others warn that failure to overcome immediate barriers could trigger a retracement toward $28.5 or even $25.
Hyperliquid (HYPE) is drawing renewed attention after reclaiming ground lost during last week’s dip below $30. The token recovered 2% on Thursday, signaling that buyers may be regaining control as major cryptocurrencies stabilize.
Analysts Highlight Key Zones for a Break Toward $50
Market analyst OxMakeSense believes HYPE is building the foundation for another strong rebound. After weeks of pressure, he argues that the token has formed its first meaningful recovery, showing that selling pressure is easing and market reactions are improving.
He identifies the $37–$38 range as a major checkpoint. This zone marks the last breakdown point, and reclaiming it could squeeze “trapped sellers,” creating the fuel needed for an upward climb. If HYPE moves above $38, the chart opens up toward the $41–$42 area, described as a thin region with minimal resistance from previous declines.
OxMakeSense also points to $44 as a pivotal level. Strong market trends typically emerge after reclaiming such mid-range zones. If HYPE flips $44 into support, he expects an accelerated climb toward $48 and potentially $50, where untouched liquidity remains.
Mixed Market Sentiment as Warning Signs Emerge
Not all analysts share the same outlook. Crypto TXG notes that HYPE previously lost its grip on the $35.8 level before forming a temporary bottom at $28.5. While the token has since reversed, it now faces resistance at $35.8 from below. A successful breakout would set the next target at $42.3, but a rejection could send HYPE back to retest $28.5.
Market expert Ali Martinez adds another layer of caution. He explains that if HYPE revisits its breakdown zone, the token could slide to $25, marking a potential short-term retracement of around 28%. This scenario highlights the ongoing uncertainty even as the token attempts to strengthen above current levels.
What Traders Should Watch Next
Hyperliquid’s near-term trajectory depends on how it reacts around the key levels identified by analysts. Reclaiming the $37–$38 and $44 markers would boost optimism for a move toward $50. However, failure to overcome immediate resistance may invite further downside checks.
For now, HYPE stands at a critical crossroad, with its next moves likely to define whether the recovery continues or if another correction emerges.
MIGHT ALSO LIKE:Terra Classic Largest Holders in 2025 Revealed
DISCLAIMER:
The views and opinions expressed herein are solely those of the author and do not necessarily reflect the views of the publisher. The publisher does not endorse or guarantee the accuracy of any information presented in this article. Readers are encouraged to conduct further research and consult additional sources before making any decisions based on the content provided.
About the Author
