Prediction for Hyperliquid: Might It Reach $69.69 Prior to September? The Probabilities Lean Towards Bears
The cryptocurrency market continues to evolve, and one of the latest developments is the launch of the HyperEVM mainnet, which has strengthened the ecosystem of Hyperliquid. However, when it comes to the price trend of its native token, HYPE, recent analysis paints a different picture.
Weakening Bull Trend for HYPE
The Squeeze Momentum Indicator shows a weakening bull trend, with volatility having been released and the market in a compression phase. This suggests that the market may be preparing for a correction or consolidation phase rather than a strong bull run capable of driving prices above $60 before September.
Expert Price Predictions and Technical Analysis
Current expert price predictions and technical analysis indicate that reaching $69.69 by September 2025 is not supported by present data and market trends. The expected price range is significantly lower, around $31 to $49 at best for the year.
Three bullish scenarios for HYPE's price by September are:
- The 50-day EMA is positioned above the 200-day EMA, a classic bullish formation indicating sustained buying pressure and a positive longer-term trend.
- If HYPE respects only the lower channel support, the price could reach approximately $52-55.
- In the most optimistic case where HYPE hugs the upper channel resistance, the price would reach approximately $65-68.
However, the charts suggest it's very unlikely HYPE will trade at $69.69 before September without accelerating beyond historical patterns or significant catalysts or a broader crypto market rally.
Market Conditions and Technical Outlook
The technical outlook also suggests consolidation and correction phases rather than a strong bull run capable of driving prices above $60 before September. The token may stabilize around support levels near $31 to $33, with only moderate bullish swings expected, making a spike to $69.69, which is more than double the expected peak for 2025, highly improbable.
Market commentary explicitly states that "the odds don’t favor bulls" for Hyperliquid to hit $69.69 before September, emphasizing the unlikelihood of such a rapid increase from current levels.
Institutional Interest and Trading Volume
Despite the bearish outlook, it's worth noting that institutional interest in HYPE has surged, with companies like Eyenovia investing $50 million in HYPE tokens. Additionally, Hyperliquid has generated approximately $1.78 trillion in derivatives trading volume in the last year.
Hyperliquid operates on its own layer-1 blockchain and offers high-speed perpetual futures trading. It supports a variety of cryptocurrencies such as BTC, ETH, AVAX, SOL, and SUI.
Key Levels to Watch
Key levels to watch are: immediate support ($41.50), mid-channel resistance ($52.83), upper channel resistance ($61.19), and the target level ($69.69).
In conclusion, while the crypto markets are volatile and surprises can occur, the current expert price predictions and technical analysis indicate that reaching $69.69 by September 2025 is not supported by present data and market trends. Investors are advised to closely monitor the market conditions and key levels for any potential changes.
- The weakening bull trend for HYPE, as indicated by the Squeeze Momentum Indicator, suggests a possible correction or consolidation phase rather than a strong bull run, making prices above $60 before September unlikely.
- Current expert price predictions and technical analysis have a more conservative outlook, with the expected price range for HYPE being around $31 to $49 at best for the year.
- Three bullish scenarios for HYPE's price by September are possible, but each requires specific conditions: the 50-day EMA being above the 200-day EMA, respecting the lower channel support, or hugging the upper channel resistance.
- The HyperEVM mainnet launch has strengthened the ecosystem of Hyperliquid, but the charts don't currently forecast a traders reaching $69.69 before September without accelerating beyond historical patterns or significant catalysts.
- Market commentary highlights that the odds are against bulls reaching $69.69 by September, despite institutional interest in HYPE having surged, with companies like Eyenovia investing $50 million in HYPE tokens.
- Hyperliquid, which operates on its own layer-1 blockchain, offers high-speed perpetual futures trading for various cryptocurrencies such as BTC, ETH, AVAX, SOL, and SUI on a decentralized exchange.
- Investors should closely monitor key levels such as immediate support at $41.50, mid-channel resistance at $52.83, upper channel resistance at $61.19, and the target level at $69.69, for any potential changes in the bearish trend of HYPE.
