What to know:
- HYPE faces critical resistance at $70-$74, while a weekly close above $77 could confirm a stronger bullish reversal.
- Hyperliquid could target $150 if the current technical setup repeats its previous major rally pattern.
- Coinbase has integrated Hyperliquid perpetual futures into the Base App, expanding access to more than 290 eligible markets.
Hyperliquid (HYPE) is showing a potential bullish setup, with key resistance and support levels likely to determine the next move for the HYPE price. Meanwhile, Coinbase has integrated Hyperliquid futures into its Base app, expanding access to advanced derivatives trading for eligible users across supported markets.
At the time of writing, HYPE is trading at $71.71 with a 24-hour trading volume of $1.64 million and a market capitalization of $18.18 billion. Following the 21% gain over the last 24 hours, the HYPE price structure and Hyperliquid futures growth point to a bullish reversal ahead.
Source: CoinMarketCap
Also Read: Hyperliquid ETFs Record $2.8M in HYPE Buying
HYPE Price Eyes $150 as Key Support Holds
According to the crypto analyst Crypto Patel, HYPE is showing a technical structure that could resemble its previous major rally. The earlier setup saw a 0.618 Fibonacci retracement align with a bullish order block and fair value gap before the token advanced toward new highs.
The current pattern features a sharp decline followed by recovery, making the $70-$74 region an important resistance and reversal area.
Source: Crypto Patel’s X Post
In case HYPE fails at the $70-$74 level, then there will be a bigger retracement to the $50-$40 level, with $41-$32 being marked as a possible accumulation area.
Closing HYPE above $77 on a weekly chart will make the whole setup invalid, and the bullish view will gain strength. In case the pattern plays out, traders are targeting the $150 level for HYPE.
Coinbase Brings Hyperliquid Futures to Base App
However, Wu Blockchain also pointed out that the Base app at Coinbase has added support for Hyperliquid futures. Users who qualify will have access to over 290 markets that include cryptocurrencies, stocks, and commodities.
Leverage is provided up to 50x wherever possible. Hyperliquid will execute the trades. Coinbase said that perpetual futures account for about three-quarters of the trading volume on cryptocurrencies.
Source: Wu Blockchain’s X Post
Not available in the U.S., UK, Canada, and other regions that prohibit leveraged cryptocurrency derivatives. The announcement marks another step by Base App moving from social and creator-oriented offerings to trading, payments, and AI agents.
With the inclusion of the Hyperliquid futures architecture into the application, Coinbase is making advanced on-chain finance products available to qualified customers around the world.
Following the bullish price predictions and Hyperliquid futures expansion, the HYPE price is moving in an upward direction. This move is also backed by the improving momentum in the crypto market as Bitcoin has started to move upward.
What Comes Next?
The future movement in the HYPE price would be determined by the ability of buyers to drive the cryptocurrency above the $77 resistance level.
The failure of the move could see HYPE trading between $50 and $40. However, a successful move could create a path for the cryptocurrency to reach the $150 mark. Meanwhile, Coinbase’s Hyperliquid futures integration could support liquidity, adoption, and broader market interest.
Also Read: HYPE Price Prediction: Can HYPE Reclaim $60 and Extend its Recovery Toward $66?
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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