Hyperliquid price is facing a small correction after hitting the highs that may reflect the buyers’ exhaustion, but only for the short term. Despite the correction, the price remains within the bullish range, suggesting the upswing could resume soon. Currently, the token is approaching a critical breakout level after an extended multi-month rally. Therefore, the question arises: following a 230% jump from the lows around $20, can the HYPE price revive a consistent rise to a higher range beyond $75?
The latest chart shows price consolidating between the 0.786 Fibonacci retracement at $64.47 and the 1.0 Fibonacci extension at $76.47, a zone often seen as critical for trend continuation. This suggests that Hyperliquid may be building momentum for its next major move rather than showing signs of exhaustion. From a technical perspective, the HYPE crypto price prediction now hinges on whether bulls can push through the key $76 resistance zone.
A successful breakout above this level could trigger a move toward the 1.272 Fibonacci extension at $91.72, opening the door for fresh price discovery. On the downside, immediate support remains around $64.47, which aligns with both the ascending trendline and a key Fibonacci confluence zone. Meanwhile, the MACD indicator is beginning to recover after a recent cooldown, signaling that bullish momentum may be rebuilding.
Currently, the breakout is not confirmed yet. For the token to reach those higher targets, bulls need to decisively reclaim $76 and sustain momentum that may push the price beyond $90. Until then, the Hyperliquid (HYPE) price remains in a consolidation phase where another rejection could trigger a pullback toward the mid-$60s. In short, the setup still favors upside, but the market now needs confirmation.
