The article highlights hype's new all-time high as a strong bullish signal, indicating potential for rapid price discovery and significant upward moves. the possibility of reaching $100 is discussed, which would represent a substantial increase from current levels.
The breaking of an all-time high is presented as a key bullish indicator, suggesting momentum and potential for further gains. the target of $100 is considered achievable given the asset's recent volatility and momentum.
The article discusses the immediate implications of the ath and the potential for significant moves in the 'next few weeks' due to increasing speculation and volatility.
Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Entering a potential recovery cycle Major risk factor Advertisement After rising to a new all-time high above $75, Hyperliquid has once again proven to be one of the strongest assets on the market. The action strengthens HYPE's standing as one of the best-performing cryptocurrency assets this year, as the token continues to beat the majority of the market in spite of persistent volatility among riskier assets. Entering a potential recovery cycle Technically speaking, one of the strongest bullish signals an asset can produce is breaking an all-time high. There is no historical overhead supply above earlier peaks, in contrast to conventional resistance zones. As traders chase momentum, this frequently fosters quick price discovery, which can lead to aggressive upward moves. HOT Stories Illinois Signs 'Most Anti-Crypto Law in the US' Musk Now Bigger Than Bitcoin HYPE/USDT Chart by TradingView The token is still significantly above its upward-trending 50-, 100-, and 200-day moving averages. Every significant correction over the last few months has been accompanied by intense buying pressure, and volume remains high. Among the main cryptocurrency assets, the long-term structure is still among the strongest. Advertisement The conversation has, of course, turned to a potential shift to $100. From a mathematical perspective, a rally from the current $72–$75 range to $100 would require an additional 35% increase. Considering the recent volatility of HYPE, that goal is not unrealistic. During times of high momentum , the asset has already shown that it can move more than 20% in a single day. You Might Also Like Wed, 06/17/2026 - 09:01 Uniswap (UNI) Skyrockets: Breaks 24% Price Surge Out of Nowhere By Arman Shirinyan But traders need to be careful not to mistake a bullish trend for one that will undoubtedly continue. The current market structure is becoming increasingly erratic. Large intraday swings, long wicks, and quick reversals are characteristics of recent candles. When speculative activity reaches high levels, this kind of behavior usually manifests. Gains may be accelerated as a result, but corrections may also be amplified. Advertisement Major risk factor The formation of a double top is a particularly significant risk. Recently, HYPE entered the same general price range that had previously caused a severe rejection. A double-top structure may appear if buyers are unable to create a strong breakout and the token starts to lose steam near its current highs. This would raise the likelihood of a more substantial retreat toward the 50-day moving average, which is located around $62. In other words, while HYPE's recent all-time high is clearly bullish, it is also a crucial test. A clear breakout above recent highs could pave the way for $85 and, ultimately, $100. On the other hand, euphoria could quickly turn into profit-taking if momentum is lost. As speculation picks up speed and volatility increases, traders should expect HYPE to continue making significant moves in either direction over the next few weeks. #Hyperliquid #Hyperliquid Price Prediction