Hyperliquid’s HYPE price continues to trade with positive momentum as its technical structure points to a potential bullish continuation despite the risk of a short-term correction. A key support zone could determine the next major move, while HYPER EVM expands its ecosystem through new AI-focused decentralized investment products.
At the time of writing, HYPE is trading at $57.88 with a 24-hour trading volume of $320.77 million and a market capitalization of $14.62 billion. Despite posting a 2.33% loss over the past 24 hours, HYPE’s strengthening price structure suggests the potential for a bullish continuation in the sessions ahead.
Source: CoinMarketCap
Also Read: HYPE Price Holds Key Support as Hyperliquid Trading Fees Surpass $1.2 Billion
HYPE Price Faces Key Technical Test Ahead
According to the crypto analyst Wick, the HYPE price is trading after an explosive rally that lifted the price from below $50 toward the $160 resistance zone.
The HYPE price chart compares this advance with two earlier market structures, suggesting the current trend has reached a local peak where profit-taking and corrective selling could emerge next.
The marked A-B-C formations indicate a repeating cycle of rally, correction, and recovery. The projected decline targets the $72-$100 region, identified as a high-probability demand zone.
Holding this support would preserve the broader bullish structure while attracting fresh buyers after the recent advance.
Source: Wick’s X Post
If buyers successfully defend the projected support area, the HYPE price might gain momentum and continue rising towards the price range targeted by the analyst Wick, from $120 to $150.
However, if prices fall below $72, the correction will continue towards the approaching long-term accumulation area around $40.
HYPER EVM Expands AI Investment Products
The data from PerpGame further highlighted that the AI agent tokens, which have perpetual futures baskets as the underlying, have been deployed to the HYPER EVM.
This is the introduction of investment products that combine AI-related cryptocurrencies with perpetual exposure and thus increase the user base of crypto.
Source: PerpGame’s X Post
The new product expands the DeFi ecosystem of HYPER EVM through increased capital efficiency and portfolio diversification.
Customers will have the opportunity to participate in AI Agent tokens collateralized by Perp baskets and thus gain structured exposure.
Despite the bullish price predictions and network growth, the HYPE price is still moving in the downward direction. This move is also backed by the general trend in the crypto market as the BTC price has started to move downward.
Also Read: HYPE Price Eyes $172 as Hyperliquid Fee Growth Signals Bullish Momentum
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
