Hyperliquid Price Skyrockets to New Heights, But is it Time to Take Profits?
Hyperliquid's price has surged to $79.17 on August 22, 2026, a 39.1% gain in just one week and an impressive 82% increase over the past twelve months.
The token's price is now above both its 50-day and 200-day exponential moving averages, with a gap of 51% between them, indicating that the trend may be overextended.
A buyer at current prices would be paying for a move that has already happened, without the cushion of a nearby moving average. The Relative Strength Index (RSI) reads 76.0, which is considered overbought, but it's worth noting that in a strong trend the RSI can stay above 70 for weeks.
The supply structure is another factor to consider, with only about 26.5% of the eventual supply currently in circulation. This means the market capitalization of $19.96 billion sits on a float scheduled to grow substantially.