HYPE Reclaims Support With $57 Target In Sight

By Mishal Ali | Edited By Ammar Raza,August 12, 2026, 2:00 AM

Hyperliquid’s HYPE token is regaining bullish momentum after reclaiming key support and bouncing from moving-average support. Meanwhile, xStocks has launched tokenized stocks and ETFs on Hyperliquid, offering continuous access to traditional market exposure and potentially strengthening the platform’s ecosystem while accelerating adoption of tokenized real-world assets.

At the time of writing, HYPE is trading at $55.39 with a 24-hour trading volume of $252.9 million and a market capitalization of $13.96 billion. Following the 1.5% 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 Eyes $100 Rally as Hyperliquid’s Deflationary Burn Strengthens

HYPE Price Eyes $57 After Reclaiming Key Support

According to the crypto analyst BATMAN, Hyperliquid’s HYPE token is showing renewed strength after rebounding sharply from its three-day moving average. The recovery has also helped HYPE reclaim a previously broken support level, signaling that buyers may be regaining control. 

Price is now retesting this reclaimed zone, making it an important area that could determine whether the bullish momentum continues from here.

Source: BATMAN’s X Post

Provided that this regained support proves true and the buyers manage to protect the support level, there is a possibility that HYPE resumes its uptrend and improves its recovery pattern. 

The present technical arrangement makes it possible for HYPE to make an attempt to reach the $57 target, but it is always worth waiting for the confirmation.

xStocks Brings 24/7 Tokenized Stocks to Hyperliquid

The data from xStocks further highlighted that xStocks is now live on Hyperliquid and will bring tokenized stocks and ETFs on the HyperCore technology. 

The first release of xStocks includes five tokenized stocks and ETFs, which include the highest open interest in HIP-3 perpetual markets. This launch will provide crypto traders with additional access to traditional markets.

Source: xStocks’ X Post

This integration brings about another factor, which is liquidity in the tokenized equity market at all hours of the day, without being limited by the usual trading times that exist in traditional stock markets. 

Through connecting traders within the already existing derivatives ecosystem of Hyperliquid, xStocks is making tokenized securities more accessible.

What Happens Next?

The next step for HYPE will be contingent on the buyers’ ability to hold on to the recovered support level and build further gains beyond the moving-average zone. 

This will not only help solidify the bullish trend but will also allow it to move to $57. Another thing that could bolster Hyperliquid is increased xStocks participation.

Also Read: HYPE Price Eyes $100 as Whale Withdraws $10.69M From Coinbase

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.