Hyperliquid (HYPE) has emerged as one of the top-performing cryptocurrencies this week, reaching a new all-time high above $51. However, the key question remains: can the bullish momentum sustain above critical trend lines as the currency hovers around $48?
Hyperliquid Hits New All-Time High
HYPE surged to an all-time high of $51.07 on August 27, 2025, fueled by a minor rebound in the cryptocurrency market, where Bitcoin climbed from under $110,000 to over $113,000. The gains coincided with rising equities ahead of Nvidia’s earnings report, after the tech giant posted better-than-expected revenue numbers.
With weekly gains exceeding 18%, Hyperliquid has outpaced many leading cryptocurrencies, breaking through its previous high record. The token has seen trading volumes soar over $3.5 billion daily, resulting in an impressive 17% price jump over the past week. Currently positioned at 16th in market capitalization, HYPE has rallied a staggering 1,174% from its all-time low of $3.81 recorded in November 2024.
Recent data indicates that significant purchases by whale investors have contributed to HYPE’s rising demand, underscoring market interest.
Price Predictions for Hyperliquid: Can HYPE Reach $100?
The broader cryptocurrency market’s recovery, including Cronos (CRO) responding positively to news surrounding Trump Media, has also bolstered HYPE’s growth. Analysts now suggest that Hyperliquid may extend its upward trajectory in the coming months, with targets surpassing $100 as bullish trends appear strong.
Despite a recent pullback that has seen the token oscillating around $48 due to profit-taking, market sentiment remains optimistic. The latest data show HYPE’s technical outlook remains bullish, sustaining above a key upward trend line. The daily chart indicates robust buyer demand, with a relative strength index (RSI) of over 57, suggesting bullish momentum continues. Moreover, MACD indicators reflect a bullish crossover, reinforcing the potential for further gains.
While analysts are optimistic about HYPE’s rise into price discovery mode and targeting $100 in the next few months, any significant market downturn could lead to price corrections, with potential support levels noted around $42 and $30.
Meet William, a proud Bethel University alumnus with a fervent passion for lifestyle and culture topics. His keen interest doesn’t stop there; he’s also deeply engrossed in current events of all kinds. William dedicates himself wholeheartedly to this site, thriving on the collaborative energy he shares with Suzanne, his long-standing partner in crime.
Having navigated their university courses side by side for years, their teamwork on the site is nothing short of dynamic. Together, they bring a unique blend of insights, proving that two heads are indeed better than one in delivering compelling content.
