Hyperliquid is under heavy selling pressure, dropping more than 8% in 24 hours and down 17% on the week. The price is now hovering just above primary support at $76.5, with the MACD still bullish but momentum clearly cooling. If this zone breaks, the next orientation down sits at $74.5, followed by the secondary support at $68.
Key takeaways in a nutshell
Sharp weekly slide: HYPE trades at $77.76 after an 8% drop in 24 hours and a 17.6% loss over the week, pressing directly on primary support at $76.5.
Trend picture split: The price sits 9.2% below the 50-day average at $85.6 but still 15.7% above the 200-day average at $67.2, showing a short-term correction inside a longer uptrend.
Decision at $76.5: The $76.5 support is the line that decides whether this is a healthy pullback or the start of a deeper move toward $74.5 and $68.
Momentum cooling, not broken: RSI at 53 is neutral and the MACD remains bullish at 0.63, but the histogram has started to roll over in the most recent readings.
AI sees upside to 2026: Our AI forecast model projects a 2026 range of $113 to $169, with a midpoint near $138, well above the current price.
What happened to the Hyperliquid price?
Hyperliquid is trading at $77.76 after a sharp 8.1% drop in the last 24 hours. The weekly picture is just as rough: HYPE has shed 17.6% over the last seven days and sits only a hair above its weekly low at $78.1. The all-time high at $98 is now roughly 20.7% away.
What makes this move notable is the volume behind it. 24-hour turnover came in at $1.29 billion, running 36% above the 30-day average, a clear sign that sellers are actively driving this leg lower rather than price drifting on thin liquidity. At the same time, the 200-day performance of +85% shows that the broader uptrend is still intact.
Key price levels for Hyperliquid
On the upside, the first serious hurdle sits at $95.1, and only a clean reclaim of that zone would put the weekly high at $96.7 and the psychological $100 mark back into play. On the downside, $76.5 is the line that matters right now: it is the primary support and the last defense before price loses its short-term structure. If that level gives way, the next orientation sits at $74.5, with the secondary support at $68 as the deeper fallback.
Hyperliquid indicators: RSI, MACD and volume
The three indicators currently paint a mixed picture. The RSI stands at 53, squarely in neutral territory and far from oversold, which means there is still room for the correction to extend without triggering a technical bounce signal. The MACD remains bullish at 0.63, but the histogram series shows momentum peaking a few sessions ago and now visibly rolling over. Volume is 36% above the 30-day average, confirming that today's selling is backed by real participation, not an empty move. Taken together, the setup suggests a serious short-term test: the trend structure has not broken yet, but the pressure on $76.5 is real.
Relative Strength Index
MACD
AI forecast for Hyperliquid
Looking toward year-end 2026, our AI forecast model places Hyperliquid in a range between $113.07 and $168.68. The central expected value comes in at $138.11, which is not a price target, but the midpoint of a broad probability distribution around current market conditions.
The width of this range matters: it reflects how much uncertainty surrounds HYPE after a volatile autumn and a sharp pullback from the $98 all-time high. In the conservative case, the model still implies upside of roughly +43.7% from today's price, while the optimistic case points to around +114.4%. Both ends sit clearly above the current spot price, but the short-term setup must first stabilize for that longer horizon to come into play.
What could happen now?
Bullish scenario
A convincing reclaim of $95.1 on strong volume would reopen the path toward the weekly high at $96.7 and the all-time high zone near $98. In that case, the short-term structure would flip from defensive to constructive, and the 50-day average at $85.6 would turn back into a support rather than an overhead cap. For the move to carry, the RSI should push higher without overheating and the MACD histogram would need to turn back up after its recent rollover. The key condition: $76.5 must not be lost again in the meantime, otherwise any bounce stays suspect.
Trigger: > $95.1 with elevated volume
Bearish scenario
If HYPE loses $76.5 on a daily close, the short-term setup turns noticeably weaker. The next orientation sits at $74.5, and a break there would open the path toward the secondary support at $68, which also aligns closely with the 200-day average at $67.2. A move into that area would put real pressure on the medium-term trend and likely flip the MACD signal back toward bearish territory. In such a scenario, the current correction would stop looking like a pullback inside an uptrend and start looking like a structural shift.
Trigger: < $76.5
Conclusion: $76.5 level decides the direction
The technical setup is fragile but not broken, with HYPE still well above its 200-day average despite the sharp weekly drop. The decisive area is the band between $76.5 support and $95.1 resistance.
A reclaim of $95.1 would put the all-time high back on the table and confirm that this was just a shakeout inside a larger uptrend. A clean break of $76.5, on the other hand, would expose $74.5 and then $68, and seriously challenge the medium-term structure. With volume running 36% above average and momentum cooling, the market is clearly taking a side here. The next few trading days are likely to set the direction.
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Continue to KrakenSince 2017, Philipp Duringer has been deeply involved in Bitcoin, crypto assets and digital financial markets. As the founder of Coinbird, he combines years of crypto experience with more than 15 years of technical experience in IT and digital products. His goal is to make crypto easier to understand, more transparent and easier to compare.
About the authorAI-assisted: This price analysis is generated automatically based on structured market data and reviewed through defined quality rules. It is for informational purposes only and is not financial or investment advice or a recommendation to buy or sell crypto assets.
