What to know:
- HYPE price could break above $60 and target $66 if bullish momentum continues.
- Rising institutional demand may provide additional support for the HYPE price recovery.
- ETF-linked accumulation signals growing investor confidence in Hyperliquid and HYPE.
Hyperliquid (HYPE) is showing renewed strength as institutional demand supports the recovery for the HYPE price. ETF-linked funds continue holding or adding exposure, while bullish momentum is building. A sustained breakout above key resistance could strengthen the uptrend, although renewed selling may keep the token consolidating.
At the time of writing, HYPE is trading at $59.19 with a 24-hour trading volume of $259 million and a market capitalization of $14.94 billion. Following the 2.28% gain over the last 24 hours, the HYPE price structure and network growth point to a bullish reversal ahead.
Source: CoinMarketCap
Also Read: HYPE Price Headed for $66 Amid Increased Hyperliquid Activity
HYPE Price Setup Points to a Bullish Move to $66
According to the crypto analyst Umair Orakzai, the HYPE price structure is going to make another try to fortify itself due to the positive pressure exerted recently.
On Monday, the candle opened with little price action down, opening at $57.136 and touching a low of $57.052 before rising back up. The small size of the lower wick indicates that liquidity will still be below that level.
Source: Umair Orakzai’s X Post
The important level is at $60, which can provide a bullish move, leading to $66 if closed on that level for the day.
Otherwise, a reversal from resistance will maintain the possibility of selling pressure. Below $55, the pattern can become weaker, with the traders looking for consolidation in the range of these two levels.
HYPE ETF Buying Boosts Hyperliquid Recovery
The data from Arkham further highlighted Hyperliquid (HYPE) is now experiencing some strong performance because the ETF-driven demand is continuing to be very positive.
Not one Hyperliquid ETF sold any HYPE last week as all of the funds were either building on their HYPE holdings or holding them steady. The clients of Grayscale and Bitwise have spent around $2.8 million on HYPE recently.
Souce: Arkham’s X Post
The HYPE price has since managed to recover by over 16% from the levels it had reached at the weekend, indicating greater buying strength and improved sentiments.
The focus is now on the coming week and seeing how the buying spree continues for the token via ETF-linked funds. If the trend continues, this might act as extra support for HYPE’s recovery.
Following the bullish price predictions and ETF growth, the HYPE price is moving in an upward direction. This move is also backed by the improving sentiment in the crypto market as Bitcoin has started to move upward.
The future action of HYPE relies on the ability of the HYPE price to regain its key level of resistance and keep the buying pressure going.
Accumulation in the ETF might bolster its bullish trend and aid in its recovery. However, a rejection at resistance might lead to consolidation.
Also Read: RWA Markets Drive 31.7% of Hyperliquid’s New Wallets in H1 2026
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
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