Hyperliquid (HYPE) Price Alert: $36 Support Holds Strong as Traders Target $80 Breakout
Hyperliquid (HYPE) isn’t backing down—its $36 support level just shrugged off another test, and now traders are eyeing a potential surge toward $80.
The Setup:
HYPE’s price action has been textbook bullish, carving higher lows while liquidity stacks up for a breakout. The $36 zone isn’t just psychological; it’s where buyers keep stepping in. Fail here, and the narrative flips. Hold? Then $80 becomes the next magnet.
The Play:
Watch for volume spikes and a clean break above recent highs. Shorts betting against this resilience might get steamrolled—typical crypto market irony, where the 'smart money' often ends up funding the rally.
The Catch:
Even if HYPE nails the breakout, remember: in crypto, 50% retracements are basically a rite of passage. Bankers still call it 'volatility' while quietly adding it to their own portfolios.
After a period of sharp volatility, Hyperliquid’s HYPE token is once again drawing attention as buyers defend a crucial support zone. The project’s impressive daily revenue of $6.8 million has sparked fresh discussions around its buyback program.
This consistent revenue generation, paired with ongoing whale accumulation, adds confidence to HYPE’s long-term outlook. As participants monitor the $36 support zone, the combination of solid fundamentals and healthy technical structure is fueling optimism.
Hyperliquid’s Buyback Program Supporting HYPE Price
Axel Bitblaze highlighted a striking projection showing that HYPE could theoretically buy back its entire circulating supply in just 1.33 years at the current revenue rate of $6.8 million per day. This revelation underscores the project’s exceptionally high revenue efficiency.
Hyperliquid’s buyback model highlights unmatched revenue efficiency, signaling strong deflationary pressure on HYPE’s circulating supply. Source: Axel Bitblaze via X
Such a rapid buyback capability adds a deflationary LAYER to HYPE’s tokenomics, making its circulating supply increasingly scarce over time. This dynamic not only strengthens investor confidence but also reinforces a long-term bullish bias.
Hyperliquid Price Prediction: Buyers Defend $36 Support Zone
HYPE’s chart outlines a clean higher-timeframe demand block between $36 and $38, where price recently rebounded after a sharp correction. The market has since begun printing higher lows, indicating that buyers are gradually regaining control NEAR this crucial support area.
HYPE’s price action shows strong defense of the $36 support zone, with projections pointing towards a potential recovery into the $60–$80 range. Source: KNIGHT via X
KNIGHT’s roadmap projection in the chart suggests a gradual rally towards the $60 to $70 range, followed by a potential push towards the $80+ zone if bullish momentum sustains. Structurally, the key resistance sits around $52, marking the level that needs to be reclaimed for a full mid-term reversal confirmation.
Whales Continue Accumulating on Dips
A significant whale transaction revealed a $14 million USDC deposit into Hyperliquid, immediately followed by the purchase of 210,701 HYPE tokens worth $8.34 million. This transaction reaffirms that institutional and smart money players remain active buyers even amid short-term price softness. These whale accumulations often precede major uptrends, as investors typically front-run recovery phases when market sentiment remains uncertain.
Whales have continued accumulating HYPE on recent dips, data shows. Source: Whale Insider via X
Reaccumulation Pattern Signals Next Leg Up
Crypto analyst Khan’s Wyckoff-based chart suggests that HYPE is completing a reaccumulation phase, marked by a series of spring tests and local demand retests around the $37 to $39 region. The structure projects a breakout sequence targeting the $50 to $55 range, aligning with historical distribution tops.
HYPE’s chart indicates a reaccumulation phase around the $37–$39 zone, with a potential breakout eyeing the $50–$55 range as smart money positions for the next move. Source: Khan via X
Once the breakout above $45 resistance is confirmed, this structure WOULD validate a spring-to-markup transition. The precision of this preplanning chart suggests that smart money positioning is nearly complete, with upside acceleration expected soon after.
Support & Resistance Levels
HYPE is currently trading around $38.52, reflecting a 6.16% decline in 24 hours but still maintaining its position among the top 20 cryptocurrencies with a market cap above $10.4 billion.
Hyperliquid’s current price is $38.52, down -6.16% in the last 24 hours. Source: Brave New Coin
Key support levels are located at $36.00, followed by a deeper structural base near $32.50, both aligning with the recent accumulation block seen in the technical charts. On the upside, $44.00 remains the immediate resistance, with $52.00 and $68.00 acting as key breakout targets if momentum strengthens.
Final Thoughts
HYPE continues to demonstrate one of the strongest on-chain revenue growth trends across the crypto landscape. With Hyperliquid whales accumulating aggressively, token buyback velocity at record levels, and structural demand zones holding firm, the long-term bias remains bullish.
Short-term volatility aside, HYPE’s combination of deflationary mechanics, institutional interest, and consistent network revenue positions it as a standout performer heading into the next DeFi expansion cycle. If $36 support remains intact, the next leg towards $60 to $80 could unfold sooner than many anticipate.
