Hyperliquid Price Stalls Below $90 Amid Weakening Momentum

Hyperliquid's price remained near its record high on September 9 as buyers absorbed an estimated $820 million token unlock.

The price of Hyperliquid ($HYPE) traded at $85.84, holding most of its gains after a volatile six-day period.

Buyers have repeatedly stepped in around $84.70, $85 to support the price, while attempts to hold above $87 have attracted selling.

The daily Relative Strength Index stood at 62.98, down from its RSI moving average of 66.88, indicating that bullish momentum has cooled since the record-setting move.