Hyperliquid Price Prediction: HYPE Attempts a Rebound as Indicators Flip and Order Books Strengthen
Hyperliquid's HYPE token is stabilizing around $35–$36 after a volatile descent from the mid-$40s to the low-$30s. Market data hints at a potential reversal, with momentum compressing and key indicators shifting. Traders are closely monitoring whether this consolidation marks the beginning of a sustained recovery or a prelude to further declines.
The token's recent price action reflects a classic breakdown-and-retest pattern, with HYPE losing the $35.8 support before rebounding from the $28–$29 zone. This technical backdrop sets the stage for a decisive MOVE that could define its trajectory through December and into early 2025.
At $35.44, HYPE has gained 3.02% in the past 24 hours. The current trading range between $31.5 and $36 represents a critical inflection point, with order FLOW dynamics and ecosystem growth converging to create potential opportunities for trend reversal.
