HYPE Maintains Its Bullish Rise, but Slips Above $52

Hyperliquid Price Long-Term Analysis: Bullish

The Hyperliquid (HYPE) price continues its bullish advance but slips above $52. Sellers have driven the price to a low above $52. Following its recent rally, the cryptocurrency asset is now caught between the moving average lines. The cryptocurrency price surpassed the 21-day SMA barrier; however, it is still trading above the 21-day SMA support and below the 50-day SMA barrier.

HYPE will rise if buyers push the price above the 50-day SMA barrier. HYPE will recover to its previous high of $76 if buyers retain the price above the 50-day SMA and the bullish trend continues. However, HYPE will remain trapped between the moving average lines unless buyers sustain the price above the 50-day SMA barrier. Furthermore, it will depreciate if it loses the 21-day SMA support.

Technical Indicators:

Major Resistance Levels – $60 and $70
Major Support Levels – $40 and $30

Hyperliquid Indicator Analysis

The 21- and 50-day moving average lines are horizontal, indicating a lateral trend. The cryptocurrency price has remained caught above the 21-day SMA support and below the -50-day SMA barrier. The cryptocurrency price will be trapped for a few days. HYPE will trend either on the 21-day SMA support or the 50-day SMA barrier. On the 4-hour chart, the 21-day SMA is higher than the 50-day SMA and has an upward trend.

What Is the Next Direction for Hyperliquid(HYPE?

HYPE rises but slips above $52. The cryptocurrency asset is currently trading between the $52 support and the $58.50 high. The altcoin’s price is expected to rise when buyers push it over the moving average lines. However, the upward movement has been limited to the $58.80 high since July 2026. The altcoin will remain inside the stated range for a few more days.

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