Hyperliquid (HYPEUSDT) Registers an Increase at $34.26 Level

Hyperliquid Price Forecast: February 5

The Hyperliquid (HYPEUSDT) pair registered an increase, forming a bullish flag pattern, and presents a strong resistance level at the $34.26 mark, accompanied by significant volumes from the bulls. The coin has been stable for the past few days above the crucial level. Thus, a daily candlestick above the prior peak value of $48.59 would invalidate any bearish theory. As a result, if buyers can put more effort into their market tension, the trend may shift upward to the upper range of the $49.00 mark, resulting in an intraday gain and a potential buy signal for coin holders.

Key Levels:
Resistance Levels:  $35.00, $36.00, $37.00
Support Levels:     $220.00, $21.00, $20.00

HYPEUSDT Long-term Trend: Bullish (Daily chart)

On higher time frames, HYPEUSDT registered a strong uptrend as prices are trading above the EMA-50, suggesting a bullish trend due to the significant impact of buy investors.
The bulls’ high order flow in the last session has contributed to its bullishness lately.

Today’s daily chart shows a broader recovery in prices, as the Hyperliquid pair presents strong resistance at $34.26 value, above the moving average at the time of writing this article.

As a result, staying close to the upper resistance level indicates a high likelihood of a bullish correction. Thus, a strong push over the $48.59 peak barrier would amplify the bullish pressure.

Meanwhile, the market price of HYPEUSDT is up on the daily stochastic, suggesting that the bulls may continue the upward voyage.

In light of this, the expected upside in the coin price could be at $49.00 in the coming days as the token presents a strong resistance level in its long-term outlook.

HYPEUSDT Medium-term Trend: Bullish (4H chart)

The coin price presents an increase and remains strong in a bullish market in its medium-term outlook.
Furthermore, the Hyperliquid pair is trading close to upper resistance levels above the 50-day moving average, indicating an uptrend.

HYPEUSDT Registers an Increase

Big explosion is coming as the Hyperliquid market value increases while shorts are underperforming.

love this hyperliquid vault

long hype + short underperforming alts

vaults are going to see a big explosion imo pic.twitter.com/JFlGYLrelS

— ChartFu猴子 (@ChartFu) February 3, 2026

The sustained bullish pressure at a $32.66 in the previous action has led to the coin’s strong resistance in its recent high.

As the 4-hour chart resumes today, the HYPEUSDT pair registered an increase at $34.26 above the EMA-50, encouraging buy traders to invest in the asset, as future gains are likely.

Furthermore, an increase in buying pressure may lead the crypto price to the previous high level of $38.01, as it continues to show signs of revitalization.

In conclusion, the bullish correction at the mentioned resistance level is an indication that the bulls are planning to strongly move the price of Hyperliquid to the upside, and the $48.00 value might also be the target.

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