Hyperliquid (HYPE) is currently trading at $76.47, down -3.44% against the US Dollar over the last 24 hours. The cryptocurrency also underperformed against Bitcoin, losing -2.56% in the same period. According to CoinCodex's price prediction, HYPE is expected to drop to $61.86 by October 23, 2026, representing a -19.84% decrease from its current price.
The sentiment surrounding Hyperliquid is bearish, with 61% of indicators signaling a negative forecast. Key support levels to watch are $77.13, $76.25, and $74.65, while resistance levels are at $79.61, $81.20, and $82.09. The Fear & Greed index stands at 53, indicating a neutral market outlook.
Over the past month, Hyperliquid has dropped -16.25%, but it remains up 111.77% over the last year. The coin reached its all-time high of $97.94 on September 23, 2026. Technical indicators such as the Relative Strength Index (RSI 14) suggest a neutral position at 36.94, while the 200-day Simple Moving Average (SMA 200) signals a bearish trend as HYPE is trading below this long-term trendline.
Despite the bearish outlook, some indicators like the 50-day Simple Moving Average (SMA 50) remain bullish, as Hyperliquid is trading above this trendline. The cryptocurrency market as a whole is experiencing a neutral sentiment, which could influence HYPE's price movement in the coming days.