We take a different route from others, avoiding automated methods as they often lead to incorrect predictions. Accurately predicting the price of a cryptocurrency involves considering a variety of factors.

That’s why our team of Cryptonary analysts thoroughly research each cryptocurrency, offering you a well-detailed price prediction based on technical analysis. This helps you make better-informed decisions for maximising your profits. Our predictions rely on solid technical analysis rather than general opinions or market sentiment. Additionally, we provide services like:

• Market updates: Shared several times a week, focusing on key macroeconomic indicators.
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Our team has successfully forecasted impressive gains for coins like Dogwifhat, Popcat, and SPX when their prices were as low as $0.005, $0.003, and $0.01, respectively. Fast forward to 9th December 2024, Dogwifhat is valued at $3.34, Popcat at $1.32, and SPX at $0.6441. Investors who followed our guidance at the start have seen significant returns.

Now, let’s dive into our Hyperliquid (HYPE) price prediction.

HYPE rallies into price discovery zone

16 June 2025

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HYPE continues to soar with strong momentum, but bearish divergences suggest a pullback may be near. Price discovery is in play, and support sits well below current levels.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

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• HYPE has broken out of its bull pennant, and it continues to put in new highs, whilst price remains supported by a strong uptrend that remains intact.
• Notably, price has put in multiple bearish divergences in overbought territory (higher high in price, lower high on the oscillator). This is potentially the one short-term negative note.
• There is a new local support for price at $39.40, whilst there is a strong support range for price between $32 and $33.
• To the upside, and in terms of resistance, there aren't any key levels as price has gone into price discovery. Key levels now become psychological levels, such as $50.

• Next Support: $39.40
• Next Resistance: $50.00
• Direction: Neutral
• Upside Target: $50.00
• Downside Target: $33.00

Cryptonary's take

HYPE has been one of the strongest performers over the last few months, and it continues to go from strength to strength. But, whilst price has gone into price discovery, we don't plan on buying HYPE up at these levels. However, if there is a significant pullback, then we'd look to accumulate HYPE, but we'd be eyeing the $28 to $33 levels to add to our long-term Spot bags.

For those that do own HYPE, we'd continue to keep riding it higher.

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HYPE tests trend as sellers circle support

06 June 2025

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HYPE’s uptrend remains intact, but a pennant at the highs and weakening RSI signal a possible breakdown. Support between $28 and $32.5 will be key for long-term entries.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

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• HYPE remains in its long-term uptrend, although it is now forming a pennant pattern at its highs.
• Its main horizontal resistance are its all-time highs at $40.00.
• The local support for HYPE is at $32.50 with the more major horizontal support at $28.00.
• If price were to break below $28.00, $21.30 to $28.00 is a huge support zone. We'd likely look to accumulate HYPE towards the lower end of this range, should it be tested.
• The RSI has pulled back slightly, although it is still relatively close to overbought territory. Price may need to consolidate more to reset this indicator further.

• Next Support: $32.50
• Next Resistance: $40.00
• Direction: Neutral
• Upside Target: $40.00
• Downside Target: $28.00

Cryptonary's take

Considering we've had some pullbacks in the Majors, HYPE has held up well. For us, the key aspect we're watching is whether HYPE can hold its uptrend line, and if $32.50 can remain the major support.

We expect HYPE to breakdown over the coming weeks and we'll look to accumulate HYPE towards the lower end of the range between $21.30 and $28.00. For now, though, our strategy for HYPE does just require some patience.

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HYPE rally stalls, bearish setup forming

02 June 2025

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HYPE is forming a bearish flag below $31, with $28 as key support. A deeper drop to $24.70—or lower—is likely unless bulls reclaim momentum soon.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

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• HYPE has pulled back from the all-time highs of $40.00. $40.00 remains the major horizontal resistance for the price going forward.
• Price has now found some local support at the prior highs of $31.00.
• Price is now forming a bear flag that would have a breakdown target of $28.00.
• Should price break below $28.00, although we think it can hold there initially, then $24.70 would be the next major horizontal support.
• The RSI has pulled back from overbought territory, however, its moving average is still overbought, which would suggest that this needs more time to come down/reset.

• Next Support: $28.00
• Next Resistance: $40.00
• Direction: Bearish
• Upside Target: $40.00
• Downside Target: $23.70

Cryptonary's take

HYPE has had a phenomenal run, however, we have now seen a small pullback, and we do expect this to be the start of a new downtrend over the medium term for HYPE. Our expectation is that HYPE will break down from its bear flag pattern and the price will revisit $28.00 in the short term. Ideally, we'd like to see HYPE hold that $28.00 support and build a floor for the price there. We will reassess this, assuming we're right and price revisits $28.00 in the short term.

In terms of positioning, we're remaining patient, and we're not looking to buy this price pullback just yet. We'll reassess upon a retest of $28.00, although it's likely that our buying zone will be sub $23.

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HYPE stalls near highs as RSI overheats

27 May 2025

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HYPE is trading near its highs but appears overbought. A reset through consolidation or pullback could offer better long setups once technical patterns fully develop.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

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• HYPE has held towards its highs following the breakout of the $28.00 level.
• The RSI remains very overbought, with the moving average also well into overbought territory. This suggests there could be room for HYPE to pull back or at least consolidate for some time.
• There is local support at $32.00, with the major horizontal support at $28.00.
• The resistance for now remains the all-time high of $40.00.

• Next Support: $28.00
• Next Resistance: $40.00
• Direction: Neutral/Bearish
• Upside Target: $40.00
• Downside Target: $28.00

Cryptonary's take

It's possible we see HYPE go through a period of consolidation in the short term. During this, HYPE might then form a bull flag or a bull pennant. This would then allow the indicators to more meaningfully reset, and also provide a clean trading setup that'll allow us to go for Long on HYPE. However, for now, we'll need to give the chart time to form a clearer and obvious technical pattern. We'll reassess for Long entries once the structure forms and the indicators cool further.

If HYPE were to revisit the mid-$20s, that's when we'd consider accumulating for the long-term, assuming there is no major turn again in the macro environment.

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HYPE hits price discovery, eyes correction next

23 May 2025

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HYPE’s rally has been explosive—up 4x from the bottom and now deep in price discovery. But with funding at 210% and RSI flashing red, a sharp correction may be on the horizon.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

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• HYPE's Funding Rate went hugely positive (annualised out at 210% per year), meaning Longs have now become over-levered, and this is now a frothy environment, which is becoming vulnerable to flush outs.
• HYPE has been in a clean uptrend without any major pullbacks.
• Price continued grinding up until it found resistance at the major level of $28.00, rejecting twice. However, on a clean break out, the price has now shot higher.
• Price is now into price discovery, but the indicators (the RSI) are extremely overbought on the Daily timeframe. This suggests caution currently.
• The RSI's moving average is also in overbought territory, which suggests that a pullback or a period of consolidation is likely in the short term.
• If price does see a substantial pullback, the area we'd look to for a meaningful reaction would be the horizontal support at $27.30.

Cryptonary's take

HYPE has had a huge move higher, up 4x off the bottom. At this price, HYPE looks overvalued in the short term, alongside it being very overbought on the indicators.

We would now wait for a sizeable pullback in order to consider potential entry zones. We're not chasing HYPE in the short term, and from a technical viewpoint, it looks very over-extended to the upside. So, for that reason, we chose to remain patient, and we'll look to get entries in the future on a larger pullback.

• Next Support: $27.30
• Next Resistance: $37
• Direction: Neutral/Bearish
• Upside Target: $37
• Downside Target: $27.20

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Uptrend weakening — is HYPE’s run over?

19 May 2025

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• Price remains in its major uptrend; however, price has initially rejected the prior highs of $28.00.
• Price is now moving lower but into the prior cluster area between $23.00 and $26.00. This may see price find some short-term support in this zone.
• To the upside, the main resistance remains the highs at $28.00. We don't expect them to be breached anytime soon.
• To the downside, $23.00 is a key horizontal support, with $18.50 the next level below that.
• The RSI has begun to reset, and it's fallen below its moving average. This may mean we see price test lower levels over the coming weeks.

• Next Support: $23.00
• Next Resistance: $28.00
• Direction: Bearish
• Upside Target: $28.00
• Downside Target: $14.50

Cryptonary's take

HYPE has been one of the outstanding performers over the last 6 weeks. But, like other Majors, price seems to be losing upside momentum here. We're watching if price can hold above its uptrend line and the key horizontal level of $23.00.

However, our expectation is that in 3-5 week's time, the price will have broken down and it'll be revisiting the $14.50 to $18.50 area. We also wouldn't be surprised to see the lower end of this zone - $14.50.

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HYPE enters consolidation after big surge

14 May 2025

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• HYPE has been the strongest runner out of the Majors that we cover, having shown huge strength to reclaim a number of key levels, including the major level of $23.00.
• HYPE is now consolidating between $23.00 and $26.00, whilst it also remains in its uptrend.
• To the upside, if the price can break above $26.00, then $31.00 is the target price.
• To the downside, the zone between $17.00 and $18.50 should be a significant zone of support for price, should price pull back. Note: a 25% to 30% pullback would be healthy considering the move up we have had recently.
• The RSI is in overbought territory, although no bearish divergence has been put in, meaning there might be room for another push higher in the immediate term. But we do note that the moving average is in overbought territory, and it's currently at the highest level it's been at, so this should also suggest to us some level of caution here in terms of thinking of more upside.

• Next Support: $23.00
• Next Resistance: $26.00
• Direction: Neutral
• Upside Target: $31.00
• Downside Target: $17.00

Cryptonary's take

HYPE has been on a phenomenal run, and whilst it's possible we can see this extend further, in the short term, more upside is likely limited. It's important that strong up moves also see periods of consolidation and pull back, and with the indicators where they are, our expectation is that that period could now be upon us.

In terms of accumulating long-term Spot bags, we're still open to the idea that $14.50 is revisited, although we may look to start becoming more proactive in building a position between $17.00 and $18.50, should price pull back to there.

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Will $18.50 support hold for HYPE

05 May 2025

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HYPE's rally has outpaced majors, but upside looks limited near $21.20. With resistance strong and momentum fading, a pullback to $14.50—or even $12—is likely in the weeks ahead.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

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• HYPE has broken out of its main downtrend line, with price now finding a sticking point at the local resistance of $21.20.
• Beyond $21.20, the major resistance is at $23.10.
• On the downside, the support is at $18.50, with $17.00 at the key level below that.
• The RSI has been close to overbought territory a few times recently, with its moving average also high, and the RSI using that average as support currently.

• Next Support: $18.50
• Next Resistance: $23.00
• Direction: Neutral/Bearish
• Upside Target: $23.00
• Downside Target: $14.50

Cryptonary's take

It has been a mega rally for HYPE, having outperformed many other coins and all Majors. HYPE could go higher in the immediate term, but we wouldn't bet on higher from here (not good risk/reward), and we do expect further downside in the coming weeks/months. We expect that over the next 2-6 weeks, HYPE loses the $17.00 level and $14.50 is tested (as a minimum). We wouldn't be surprised to see single digits to $12.00 again. Patience here.

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HYPE faces rejection at the key resistance level

29 April 2025

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HYPE has bounced from $17.00 but faces resistance at $19.60. Limited upside is expected, with potential for a pullback to $14.50. Patience is key for traders eyeing lower levels.

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• HYPE lost its uptrend line and pulled back to the next horizontal support at $17.00 and bounced from that level.
• Price is now retesting the prior high, but it's also moving into the underside of the local resistance level of $19.60, which may be a rejection area.
• If $19.60 is broken to the upside, then $23.00 can be reached, although there are a few local resistances along the journey. Upside is probably limited here.
• To the downside, $17.00 is the next level, with $14.50 the next level below that.
• The RSI is high, but not overbought, whilst the RSI is now also below its moving average and butting up against it as a potential new resistance.

• Next Support: $17.00
• Next Resistance: $19.60
• Direction: Bearish
• Upside Target: $19.60
• Downside Target: $14.50

Cryptonary's take

It's possible that HYPE can see further upside here, although upside is likely to be limited as there are a number of local resistances between $19.60 and $22.00.

We expect that HYPE will reject here in the coming week, pull back down, and break below its lows at $17.00 and look to retest $14.50 over the coming 2 weeks. For now, we remain patient with HYPE, and we still expect that we'll be able to buy HYPE sub $12.00. For now, patience.

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HYPE eyes $18.50 before pullback

21 April 2025

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HYPE’s impressive move higher has brought it close to crucial resistance levels. In this update, we explore the potential for a price pullback and what traders should watch for.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

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• Overall, a really clean move higher following the breakout from the downtrend line.
• HYPE has cleared above multiple horizontal levels, with price now reaching $18.50, a key horizontal resistance level for price.
• Beyond $18.50, there's a local horizontal resistance at $19.40 and then $20.80, but we do see $18.50 as a really key level for the price to overcome in the short term.
• Price is now seemingly squeezing into its uptrend line, and it does look to be slightly beginning to lose steam to the upside. We wouldn't be surprised here to see a price break below its uptrend line.
• To the downside, the key levels to defend are at $17.00 and $14.50.
• The RSI is just shy of overbought territory, but it remains above its moving average.

• Next Support: $17.00
• Next Resistance: $18.50
• Direction: Neutral/Bearish
• Upside Target: $20.80
• Downside Target: $14.50

Cryptonary's take

HYPE has had a good run here off the lows at $9.40, and is not far off seeing a 100% move higher from those lows. Price is now starting to reach a level where it's beginning to look slightly exhausted to the upside. We'd be looking to Short HYPE between $18.00 and $20.80, should price fill as high as $20.80.

We're expecting this to look like a trend of lower highs and lower lows on a really zoomed-out basis, with our plan to fill our long-term HYPE bags into single-digit HYPE over the coming month or two. For now, we remain patient for that, and we expect HYPE's price to rollover over the next week, say.

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HYPE faces $17 resistance before key short entry

16 April 2025

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HYPE's recent bounce is running out of steam, and with key resistance ahead, traders are eyeing a potential reversal. Let's dive into the latest technical setups for HYPE

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

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Technical analysis & market mechanics

• HYPE bounced 82% from the $9.32 low to the recent swing high of ~$17.
• $17 is local resistance and the first zone to begin shorting.
• $18.60 is secondary resistance; scale into shorts here.
• $20 is the final resistance and key liquidity zone - reserve capital to deploy if the price wicks into this region.
• $14.60 is local support; minor reaction expected, but not a strong level.
• $12.50 is major support; the break below opens the path to retest the lows.
• $9.30 is the key downside target - a full retrace and potential lower low if macro weakness persists.
• Daily RSI at ~54 - still room to move higher before exhaustion, supporting a final push into resistance.
• Price structure aligns with a diagonal resistance, creating a confluence with upside levels.
• The recent move is overextended in context - exhaustion is likely, and the setup favours short-term traders looking to catch the rollover.

• Next Support: $14.60Next Resistance: $17.00
• Direction: Bullish
• Upside Target: $20.00
• Downside Target: $9.30

Cryptonary's take

HYPE has rallied hard off the lows, but this bounce looks increasingly tired in the current market environment. We're looking to short into strength at $17, $18.60, and potentially $20, with clear resistance and diagonal structure aligning at these levels, invalidation would be at $22.00. The short setup targets a move back to $9.30, where we could see a full retrace or even new lows if weakness accelerates.

This isn't a long-term bearish call on HYPE, but in the short term, the reward-to-risk heavily favours the sell side. Traders should look to scale in with discipline and small size - the higher it pushes, the better the entry, and we do feel HYPE will move higher and capture some of these levels.

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HYPE rebounds sharply but faces resistance ahead

14 April 2025

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HYPE bounced from the lows, reclaiming key levels, but momentum is fading. Resistance at $17.00 remains firm, and macro uncertainty could bring another push into single-digit territory.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

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• HYPE deviated below the horizontal support of $12.00, briefly touching single digits before aggressively bouncing.
• Price broke out of the main downtrend line, reclaimed $12.00 and $14.50, two key horizontal levels.
• Price has since stopped at $17.00, as we expected might be the potential stopping zone.
• The RSI has also put in a hidden bearish divergence (lower high in price and a higher high on the oscillator). This can result in price rejections.
• To the downside, the horizontal levels remain the same, so the supports are at $14.50 and $12.00.
• To the upside, the key level for the price to clear above is $17.00

• Next Support: $12.00
• Next Resistance: $17.00
• Direction: Neutral/Bearish
• Upside Target: $18.50
• Downside Target: $10.00

Cryptonary's take

A really great move by HYPE, bouncing considerably from the lows, after weathering the storm that HyperLiquid was going through. We do, however, expect the market to retest lower again, and we see a minimum level of retest being $12.00. Now, we're not sure we'll add to long-term Spot bags at that level, or we'll wait for single digits again. HYPE will have to be a bit more of a moving target, and we'd ideally like single-digit HYPE again, which can be possible should we see more macro uncertainty in the coming weeks and months, which we do expect to get.

For now on HYPE, we remain patient, but it's one of the coins we're viewing strongly, and we think it could almost represent the next major play like SOL was in 2022/2023.

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HYPE could hit $17 soon

11 April 2025

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HYPE faces resistance at $17 and support at $12. While the coin has bounced from a deviation, bearish divergence signals caution. Traders are eyeing $18.50 and potential longer-term accumulation at lower levels.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

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• HYPE broke below the major horizontal support of $12.00 and wicked into single digits. However, this was just a deviation (for now), and the price has bounced aggressively.
• Price put in a bullish divergence when it fell below $12.00 (new price low, but higher low on the oscillator). Price has since bounced, but it is now putting in a hidden bearish divergence (lower high in price, higher high on the oscillator). We should be slightly wary of this.
• Price is now above the $14.50 horizontal level, which is great; the next key level is $17.00. But, we do think this could be a stopping point for HYPE in the short-term.
• The key level for price to reclaim that would be a big indicator to us that price can go much higher is $18.50.
• If price revisits $10.00 to $12.00 (we expect it will), we'll begin building longer-term Spot bags.

• Next Support: $12.00
• Next Resistance: $17.00
• Direction: Neutral
• Upside Target: $18.50
• Downside Target: $10.00

Cryptonary's take

In the short term, we do think HYPE's move higher is close to fully playing out here. It could extend to $17.00, say, but we're not sure this is one of the coins we'd be ultra bullish on in the immediate term. However, if there is a retest of the lows - and we expect there will be - then we'll begin building longer-term Spot bags. We'll be adding in lightly, no major rush here.

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HYPE struggles below key support levels

07 April 2025

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As the market navigates turbulent waters, HYPE’s price struggles to find footing. Let’s explore how it’s moving in relation to major support levels and what’s on the horizon for a potential reversal.

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• HYPE has recently continually moved into resistance, rejected, and broken down below the next support.
• Price has also now fallen below the major horizontal support of $12.00, and it's moved into single digits (now in the $10 area).
• Price has broken to the downside and it's now in price discovery. It's hard to know where the stopping point is. But, it'll likely be in a large panic move, or when the macro market turns. For now, we have neither as of yet.
• The price really respects the major downtrend line. It'll be a bullish signal for us when there is a price breakout of this downtrend line. We'll particularly get more bullish if/when the price breaks out of the downtrend and reclaims above a horizontal resistance. The first would be $12.00.
• To the upside, the first key level to reclaim is $12.00, and then $14.50.
• The RSI is very close to oversold territory, with it also now putting in a bullish divergence (lower low in price, higher low on the oscillator).

• Next Support: $6.00
• Next Resistance: $12.00
• Direction: Neutral
• Upside Target: $14.50
• Downside Target: $6.00

Cryptonary's take

HYPE is a coin we like for the long-term, but with the macro environment as it is, it's not necessary to be diving in and buying it here.

When there are signs of a bottom, or the macro environment is beginning to turn, that's when we'll look for longer-term Spot buys, and we'll take the price we're given at that time. Ultimately, the multiples we could get on HYPE in the future could be great, but that doesn't mean we have to be careless and rush the buys now. Patience will really pay off on this one.

In the short term, let's see where the price finds a potential bottom. And in terms of playing a risk-on move, a breakout of the downtrend line is what we'll be looking for as the first sign that a risk-on move might be beginning. But for now, we're not seeing that.

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HYPE to break below $12 soon

01 April 2025

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HYPE is testing key support at $12.00 while resistance at $14.50 looms. With a bearish market backdrop, let’s dive into the latest price action and explore potential breakout or breakdown scenarios for HYPE.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

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• Price rejected off the horizontal resistance of $17, and price has pulled right back to the main horizontal support of $12.00.
• Price is beneath the local horizontal mid level (between the range) at $14.50, and therefore in the bearish part of the range.
• Price is in a downtrend and it's now squeezing into its main downtrend line. This might help set up the price for a potential breakout if we see Trump's tariffs potentially come in softer.
• The RSI has moved out of oversold territory, but it's now run up into the underside of its moving average, so this might be a rejection level for HYPE.

• Next Support: $12.00
• Next Resistance: $14.50
• Direction: Neutral
• Upside Target: $14.50
• Downside Target: $10.00

Cryptonary's take

Ultimately, we can keep this relatively simple. Due to the bearish macro setup and the lack of new liquidity/stimulus, we expect risk assets to continue to pull back further.

Therefore, we do see HYPE breaking below $12.00 in the short or medium term. Where's stopping point/local bottom will be is hard to say, but we can take it in stages. The first stage of this is that we're expecting a breakdown of $12.00, and we see it as very possible that we see single-digit HYPE in the short/medium term.

We may then look to buy HYPE below $12.00, but we'd likely let the price find a price bottom first, and we expect this to be in the single digits.

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HYPE at risk of falling below $12

28 March 2025

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HYPE continues to struggle with key price levels, ranging between $12 and $17. A breakdown below $12 could signal further downside, while a breakout above $14.45 may trigger bullish action.

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• HYPE bounced from the major horizontal support of $12.00, and it broke above the $14.50 level that we marked out as a horizontal resistance.
• Price then dropped into a local horizontal resistance of $17.00, and following the second 'exploit' on HYPE, price swiftly dropped back to $12.00 but did close more meaningfully higher.
• Looking at this, we can say that HYPE is range bound between $12.00 and $17.00, with the middle horizontal level being $14.46. Above this, bullish; below, bearish. We're keeping it as simple as that for now.
• If the $12.00 horizontal level is lost, then the price will be in price discovery to the downside, and there, essentially, the door to single-digit HYPE is open. It's hard to say where a floor level might be, we'll have to just see where that comes (assuming we see a breakdown) when it comes.
• The RSI is now retesting its moving average. Ideally, you'd want it to find support here; otherwise, a break below, and that opens the door for a retest of $12.00 as a bare minimum.

• Next Support: $12.00
• Next Resistance: $14.45
• Direction: Bearish
• Upside Target: $17.00
• Downside Target: $12.00

Cryptonary's take

HYPE is a really interesting one as we've seen HyperLiquid go through controversy recently with these trade attacks ('exploits'). This does open the door for more of a 'black swan' event to occur.

We will, however, just continue to assess and play the levels. For now, those levels we've identified are $12.00 and $17.00. We do expect a retest of $12.00 in the coming week, and then the key thing will be if there's a break below. We expect the retest to happen.

If that happens, we'll see and assess the reaction to a potential break below, and how violent that might be. Right now, we're not looking to buy HYPE in the short-term.

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HYPE at $14.50 soon

18 March 2025

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• Following the breakdown of the bear flag, HYPE has pulled back to the range between $12.00 and $14.50.
• Price has remained range bound in this now lower range, and price looks as if it's potentially now forming another bear flag. However, this is less definitive than the first one. Invalidation of this would be a break above $15.50.
• If the bear flag does break down, this would have a target of $9.00.
• One positive is that the RSI is climbing out of oversold territory, and it's now above its moving average. This might help to take the price back to the horizontal resistance of $14.50 in the immediate term.
• A breakout above $15.50 would invalidate our bearish stance in the short-term on HYPE, and a breakout target would be $17.00.

• Next Support: $12.00
• Next Resistance: $14.50
• Direction: Neutral/Bearish
• Upside Target: $15.50
• Downside Target: $9.00

Cryptonary's take:

In the immediate term, we expect HYPE to remain range-bound between $12.00 and $14.50. However, we do see, in the medium term, HYPE breaking down, below $12.00, and potentially testing $9.00.

For now, we're not looking for shorts unless there is a breakout and the price pushes to $18.00. Longer-term buys will become more attractive upon a breakdown from $12.00, but we'll reassess that if we're right and this plays out.

HYPE's next target: $17.30 breakout?

14 March 2025

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• Disappointing to see HYPE break down like it has. We called the bear flag pattern correctly, and since the price has drawn down substantially.
• At the beginning of the week, we thought HYPE might be able to hold the $14.50 level, but unfortunately, the price wasn't able to.
• Price is now trying to form a bottom at $12.00, and so far, the response has been more positive.
• We're seeing the RSI come out of oversold territory and breach up into its moving average (it'll need to claim and sit comfortably above it) to see further upside for price.
• On the RSI, note there haven't been any bullish divergences put in yet, so any new price lows might create that. Something to watch.
• $14.50 is now potentially going to be a local horizontal resistance. If the price can be claimed above that level, then that'll open the door for a move back to $17.30. However, we're sceptical of a move back to $17.30 in the short term.

• Next Support: $12.00
• Next Resistance: $14.50
• Direction: Neutral
• Upside Target: $17.30
• Downside Target: $9.00

Cryptonary's take

It seemed many market participants were hiding out in HYPE in the hope that it'd hold up price-wise because of the buybacks. However, when price lost key levels and general market sentiment was poor, sellers came in.

Price has now fallen to fresh lows, but it's very oversold, indicating that a bounce might be possible in the immediate term. However, a bounce isn't something we'd like to play as it's trading against the wider trend.

Also, if the price does put in a bounce, we're sceptical that it'll get a meaningful upside, hence therefore making the potential bounce less of an attractive play.

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HYPE battles to hold $14.50 support

10 March 2025

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HYPE struggles below key support, with weak sentiment driving further downside. A short-term bounce is possible, but resistance remains strong. Will HYPE recover, or is there more downside ahead?

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• After HYPE broke below the $23.00 level, the price quickly moved down to the $18.50 horizontal support where it formed a bear flag. The bear flag broke down as we expected it to.
• Price has now moved down to the horizontal support of $14.50, where it might be possible that price could see a relief bounce.
• The RSI is also oversold and it's now tilting up. It may find resistance at the moving average though.
• In terms of further support, if HYPE loses the $14.50 level, it's hard to know where the next support will be. It's possible that the price just grinds lower until BTC bottoms.
• To the upside, the next horizontal resistance is at $18.50, although we don't expect the price to recover that level in the short term.

• Next Support: $14.50
• Next Resistance: $18.50
• Direction: Bullish (short-term)
• Upside Target: $18.50
• Downside Target: $12.00

Curious about DOGE's next move? Our HYPE price prediction offers a deep dive into market trends!

Cryptonary's take

It seemed that a lot of people/traders hid out in HYPE (its buybacks etc), whilst the market moved lower. But, HYPE has now lost its key levels following poor sentiment in the market and traders now selling down their "safer" HYPE position.

In the short-term, it's possible we see a small bounce, maybe to say $18.50, but we wouldn't expect much more than that for now. Beyond that, we are still of the view that HYPE will move back down to $14.50 and then likely lower.

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HYPE finds support at $18.50

04 March 2025

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HYPE’s price action is caught between crucial support and heavy resistance, with a fresh bear flag keeping traders cautious. Let’s dive into the latest analysis and see what’s next for this volatile asset.

• HYPE broke down from its main pennant pattern, and it has seemingly found support at the $18.50 area (a new area we've marked out).
• There is a local horizontal resistance of around $21, and that price will need to be cleared.
• $23 to $24 still remains the key resistance area for the price to get above for it to have a shot at reaching all-time highs.
• Price is currently forming a bear flag, which would have a breakdown target of $14 to $15.
• The RSI isn't oversold, although it is moving lower in a downtrend, whilst it's below it's moving average.

• Next Support: $18.50
• Next Resistance: $22.00
• Direction: Neutral/Bearish
• Upside Target: $22.00
• Downside Target $15.00

Cryptonary's take:

HYPE looks to have broken it's range bound price structure. And whilst it's in a lower range, we have seen a bear flag be formed, which does have a breakdown target of $14 to $15.

Therefore, we are expecting price to be choppy, but to remain under $22, and likely that we see a breakdown to at least $15, assuming we're right and the bear flag breaks down.

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HYPE targets $23.70 but struggles

24 February 2025

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HYPE remains in a tight range but risks breaking lower. With resistance strong at $23.70, traders watch for a potential move as downside pressure builds in the broader market.

• HYPE is starting to look really interesting.
• Price tried a number of times to break out to the upside of the pennant pattern, but unfortunately, it wasn't able to. We've since seen the price turn lower and break below the horizontal level of $23.00.
• Price did break below the local uptrend line, but it has since recovered the trend. However, we need to see how the daily candle closes today.
• We now consider the price in a new range between $20 (horizontal support) and $23 (horizontal resistance).
• Beyond $23, $24.70 is a relatively strong resistance also.
• The RSI was holding tight to its moving average in the middle territory, however, it has since broken down.

• Next Support: $20.00
• Next Resistance: $23.70
• Direction: Neutral/Bearish
• Upside Target: $23.70
• Downside Target: $16

Cryptonary's take

HYPE is still mostly holding the range, however, we're of the opinion that we'll see further downside in the upcoming weeks for the majors.

We think this will impact HYPE, and therefore, it's possible HYPE can fall further from here, and potentially test into the mid-teens in the upcoming weeks. If there is a small move to the upside in the short term, we expect it to top out around $23.70 - $24.00.

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HYPE's next move: $16 or $28?

18 February 2025

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HYPE’s breakout attempt at $28 was rejected, leaving it stuck in a range. With BTC’s weakness, the downside risk to $16 grows. Will support at $20 hold, or is a bigger drop ahead? Let’s analyze the latest market trends.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

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• HYPE attempted to break out of the large pennant pattern, but it was unfortunately sold at the high of $ 28.
• Price is now back in the pennant, and it's moving down to the horizontal support zone between $20 and $22.
• If the key support of $20 is lost, then this opens the door for the $14 to $16 area to be tested.
• The RSI is in the middle territory, but it's also just below the moving average. If the price wants downside, there's the downside to be had here. You'd feel more comfortable seeing the RSI already oversold, but it's just nowhere near.
• To the upside, the key level for the price to get above is $28. If this level can be flipped, then new all-time highs will be likely. However, we're not confident that this will happen in the short term.

• Next Support: $22
• Next Resistance: $28
• Direction: Neutral/Bearish
• Upside Target: $28
• Downside Target: $16

Cryptonary's take

HYPE has mostly just traded in a range, but without going through any major breakdowns, unlike the rest of the market. It is possible that HYPE can break down on its own, but it's much more likely if BTC were to break down.

In the short term, we don't expect any major breakouts to the upside, and we do expect a breakdown to be more likely. A target zone for us would be $14 to $16. To us, the likelihood of this increases drastically if BTC also breaks down.

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HYPE could reach $32 shortly

24 January 2024

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HYPE is gaining attention as it consolidates above $19-$20 support and tests $24 resistance. With BTC steady, can HYPE break out to $32 or face a pullback? Let’s explore the market dynamics.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

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• HYPE has had its more major pullback following its large move-up on inception.
• We've now seen HYPE hammer out what looks like new support between $19 and $20, and the rice has potentially begun a new uptrend from there.
• HYPE is now battling its local resistance between $23 and $24. A breakout of this level can see HYPE revisit the low $ 30s.
• The RSI is also now interesting as it's in the middle territory, and it's bouncing off its moving average.

• Next Support: $19 - $20
• Next Resistance: $24
• Direction: Bullish
• Upside Target: $32
• Downside Target: $18

Cryptonary's take

From a technical point of view, HYPE looks good here to go higher in the short term, particularly if it convincingly breaks out beyond $24.

What might prevent this from happening is if there is a nasty BTC rejection, for instance, and that ends up bringing the whole market down with it. We're open to the idea that BTC can have a pullback, but we don't think there will be a 'nasty pullback/rejection.'