Hyperliquid Price Prediction: Can HYPE recreate its ATH again?

This Hyperliquid price prediction comes right after a trendline that had held for days finally gave way.

HYPE had been climbing steadily along an ascending trendline, and that structure just broke with a confirmed close beneath it. 

The next few hours will show whether this is a quick shakeout after a strong run or the start of a deeper pullback.

This analysis is prepared by CoinGabbar's technical desk using live exchange and on-chain data. It is for informational purposes only and is not financial advice, and CoinGabbar and the analyst do not hold a position in HYPE at the time of publication. 

The levels below come from a 1-hour chart and reflect a short-term technical view, not a guaranteed outcome.

Hyperliquid Price Right Now: Live Data and Key Levels

Futures volume of $4.40 billion against spot volume of $297.68 million works out to roughly 14.8 times more futures activity than spot, an independently calculated ratio showing this pullback is almost entirely a leverage-driven move. 

An open interest of $3.39 billion against a $19.58 billion market cap puts leverage exposure near 17.3% of market cap, a notably elevated reading that leaves the coin sensitive to further forced selling if price keeps sliding.

Source: CoinGlass live market data, August 24, 2026, 14:16 IST. Chart source: TradingView, HYPE/USDT Perpetual, Binance, 1-hour timeframe.

Methodology Behind This Hyperliquid Price Prediction Today

This Hyperliquid price outlook is built on the 1-hour HYPE/TetherUS perpetual chart on Binance, viewed through TradingView. 

CMP is taken from the live price marked on that chart, and target and support levels are pulled directly from recent levels marked on the same chart.

HYPE Liquidation Data Today

The liquidation data confirms how sharp this move has been.

In the past hour alone, long-side liquidations hit $2.16 million against just $8.10K on the short side, and the 4-hour window shows an even larger $2.49 million in long-side liquidations against $14.75K short-side.

That imbalance holds up across longer windows too. 

The 12h window shows $2.94 million in long-side liquidations against $1.10 million short-side, and the 24h window shows $4.05 million long-side against $1.79 million short-side. 

Unlike a squeeze that flips direction across timeframes, this one has stayed long-side dominant throughout the day, which lines up cleanly with the trendline breakdown and points to leveraged buyers getting caught as the structure failed.

Source: CoinGlass liquidation data, August 24, 2026, 14:16 IST.

HYPE Trend and Momentum: Key Takeaways for Traders

• HYPE has broken and closed below the ascending trendline that had supported its recent rally

• CMP is trading near $77.993, down about 1.83% over the past 24 hours per CoinGlass

• A break and 1h close above $82.743 would need to be aggressive to matter, but it opens the door toward $100 as the next major resistance

• A break and 1h close below $70.602 would confirm the downside continuation, with $67.151 as the next support

• Long-side liquidations have dominated every window from 1 hour through 24 hours, a consistent pattern rather than a one-off spike

• The built-in momentum panel has cooled sharply from its earlier bear-tagged highs down to the high 30s

• As per the Hyperliquid chart, the price is $78.002.

These levels reflect a short-term, 1-hour setup. A broken trendline can still see a retest and reclaim, so treat these as levels to watch rather than certainties.

Hyperliquid Price Prediction: 1-Hour Chart Trendline Analysis

HYPE spent the past several days grinding higher along a clean ascending trendline, with each retest holding until the most recent one.

That trendline has now been broken with a confirmed 1-hour close beneath it, and price has slipped back toward the $78 area after tagging the high $80s.

The built-in momentum panel flagged Bear tags twice during the earlier stretch of this rally, and the oscillator reading has since dropped to around 38.81, well below the midpoint. 

That kind of fade after a strong uptrend usually reflects momentum draining out rather than a healthy pause.

If HYPE manages an aggressive break and 1-hour close above $82.743, that would signal buyers are stepping back in with real conviction. 

From there, the next major resistance is the psychological $100 level, a round number rather than a level pulled directly off the chart, and one that would likely need sustained follow-through to reach.

On the downside, a break and 1-hour close below $70.602 would confirm the trendline breakdown is carrying through. Losing that level opens room toward $67.151, the next level below it.

Technical Outlook Snapshot for This Hyperliquid Price Prediction

HYPE Support and Resistance Levels Worth Watching Now

$HYPE Risk-Reward Table for the Trendline Breakdown Setup

Invalidation Level for This Hyperliquid Price Forecast

This Hyperliquid price forecast leans bearish to neutral below $82.743. 

A break and 1-hour close under $70.602 would confirm the breakdown is carrying through, shifting the near-term focus toward $67.151.

How Bitcoin Sentiment Could Move This HYPE Price Outlook

HYPE, like most large-cap altcoins, tends to take direction from the broader tone Bitcoin sets across the market. 

Strength in Bitcoin could help HYPE reclaim $82.743 faster, while continued Bitcoin weakness could accelerate a slide toward $70.602 and beyond. 

This Hyperliquid price prediction is based on HYPE's own chart structure, but Bitcoin remains a factor worth watching alongside it.

Planned Update for This Hyperliquid Price Prediction

This HYPE price prediction will be revisited if the price closes decisively above $82.743 or below $70.602, or if fresh liquidation data meaningfully shifts the current setup.

Glossary of Terms Used in This $HYPE Technical Analysis

• CMP: Current Market Price, the live traded price at the time of analysis

• Open Interest: The total value of outstanding, not yet settled derivative contracts for an asset

• Long-Side Liquidation: A forced closure of leveraged buy positions, typically triggered when price falls

• Short-Side Liquidation: A forced closure of leveraged sell positions, typically triggered when price rises

• Ascending Trendline: An upward-sloping line connecting successive higher lows, acting as support until broken

CoinGabbar Technical Analyst View on HYPE Price Action

Bull Case: An aggressive 1-hour close above $82.743 would signal the trendline break was a shakeout rather than a genuine reversal, opening a path toward the $100 psychological level.

Base Case: Price consolidates between $70.602 and $82.743 as the market digests the trendline failure, with liquidations easing as leverage works through the system.

Bear Case: A break and 1-hour close below $70.602 opens room toward $67.151, consistent with the long-side liquidation pressure that has dominated every window over the past day.

Disclaimer

This article is for informational purposes only and should not be treated as financial advice. Cryptocurrency markets are highly volatile, and readers should do their own research before making any investment decisions. CoinGabbar and the analyst do not hold a position at the time of publication.