The Hyperliquid has fallen below the moving average lines, reaching a low of $31.94. HYPE price analysis by Coinidol.com.
Hyperliquid price long-term analysis: bearish
Since September 26, the altcoin has been trending upwards, but buyers have not managed to keep the price above the moving average lines. The crypto price rose above the moving average lines but was halted by the 21-day SMA. According to price indications, HYPE is expected to fall to the 1.618 Fibonacci extension level, or $28.26.
However, based on market behaviour, the altcoin has dropped to a low of $31 before rebounding. The altcoin is undergoing an upward correction as it approaches its $45 high. On the upside, the altcoin will return to its range between the $45 support and the $59 high if buyers keep the price above $45. If the altcoin falls below $45, it will return to the $28 low. Today, HYPE is valued at $44.88.
Technical Indicators:
- Resistance Levels – $60 and $70
- Support Levels – $40 and $30
HYPE indicator analysis
The price bars are below the downward-sloping moving average lines. The 21-day SMA is below the 50-day SMA, indicating a downtrend. The 21-day SMA acts as the resistance line for the price bars. Doji candlesticks, which have small bodies and indicate uncertainty, represent price action.
HYPE/USD daily chart – October 12, 2025
What is the next move for HYPE?
HYPE is falling below the moving average lines. On the 4-hour chart, the price has remained above the $34 support level but below the moving average lines. Upward momentum will begin once buyers keep the price above the moving average lines. The altcoin’s selling pressure will resume once it loses its present support near $34.
HYPE/USD 4-hour chart – October 12, 2025
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.
Source: https://coinidol.com/hyperliquid-before-new-corrections/
