Hyperliquid (HYPE) Price to $45? Analyst Weighs In

The HYPE price is getting attention again after a strong run that pushed it all the way to the $43 zone before pulling back. That move didn’t come out of nowhere. Traders who followed the structure early were already watching that level as a clear target. Now, with price climbing back toward key resistance, the focus is on what comes next.

A recent post from Sjuul from AltCryptoGems summed it up in a simple way: hitting targets is one thing, but knowing when to take profit is what really matters. The HYPE price already showed how fast gains can disappear if that step is missed.

Why Is the Stable (STABLE) Price Still Pumping_**

• A Clean Structure Playing Out for HYPE
• The Move That Changed Everything and Why $36 Matters So Much
• What Could Happen to HYPE

A Clean Structure Playing Out for HYPE

We had a look at the 12-hour chart shared by Sjuul, and the structure is very clear. The market has been moving between well-defined zones, with $22 acting as a strong base and $43 as the top resistance.

Source: X/@Altcryptogems

Back in December, the HYPE price dropped hard from the $36–$43 range, kicking off a correction phase. By January, things started to settle, with the price moving sideways between $22 and $29. This kind of range often shows accumulation, where the market is quietly preparing for its next move.

Then came the turning point in early February. The HYPE price briefly dropped below $22, only to snap back up quickly. This move caught a lot of traders off guard, but it’s a classic setup. It clears out weak positions before a stronger move in the opposite direction.

The Move That Changed Everything and Why $36 Matters So Much

After that fake breakdown, HYPE pushed up aggressively. It broke through the $29 level and ran toward the $38–$39 area in a short time. That move confirmed that the earlier drop below $22 wasn’t a real weakness, but a setup for the rally.

Not long after, the market repeated a similar trick on the upside. The HYPE price moved above $36 briefly, only to get rejected and fall back again. This type of move often traps late buyers who jump in too late.

Since then, the price has recovered and is now back near the same $35–$36 zone. This puts it right at a key decision point.

Right now, the HYPE price is pressing against the $36 level again. This area has acted as resistance before, so it’s not surprising to see some hesitation here.

If the price can break above $36 and hold, it would open a clear path back toward $43. That level has already been tested once, so it remains the main target traders are watching. From current levels, that’s about a 20% move.

If the price gets rejected again, a move back toward the $29–$30 area could happen before another attempt higher. That zone has already proven to be strong support, so it would likely attract buyers again.

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What Could Happen to HYPE

The HYPE price is back at a key level, and this is where things get interesting. The structure points to a possible move toward $43, but that depends on whether buyers can push through the $36 barrier.

At the same time, the recent reminder about taking profits is worth keeping in mind. The last move to $43 showed how quickly the price can turn once a target is reached.

For now, all eyes are on how the HYPE price reacts at resistance. A clean break could open the door to another run higher, while hesitation here might lead to another reset before the next move.