Hyperliquid (HYPE) Price Prediction: Chart Setup Targets 24% Gain as Bulls Take Control

Participants are watching closely as HYPE builds serious momentum, with fresh signals pointing to a potential breakout. Market attention surged after Henrik’s bold Cardano and HYPE comparison, backed by data. With price action tightening and sentiment flipping bullish, Hyperliquid price prediction is starting to side with the bulls.

Henrik just doubled down on $HYPE, dropping a clear signal that confidence around this Hyperliquid gem is heating up. His post, backed by sizable spot buys and bold conviction, “Sell everything, buy HYPE”, shows that this isn’t just retail noise. There’s a growing belief that HYPE is entering serious price discovery mode.

Hyperliquid’s HYPE gains momentum as conviction builds, signaling a potential breakout amid growing bullish sentiment. Source: Henrik via X

While broader markets are still waiting on catalysts, HYPE is already making its move.

Another Henrik’s latest post adds more fuel to the growing HYPE conviction. The analyst is now creating a direct comparison between Cardano and Hyperliquid. According to Henrik, if Hyperliquid was to reach Cardano’s current market cap, the price of HYPE would land at $72.87. That’s nearly a 2x from here.

Henrik compares Hyperliquid’s potential to Cardano, projecting HYPE could double to $72.87 if it matches Cardano’s market cap. Source: Henrik via X

There’s a quiet shift happening, and it’s starting to get loud. A big chunk of capital is leaving Solana and heading straight into HyperEVM. The latest bridge flow data makes it clear, money is moving, and it’s choosing HYPE.

Large capital flows are shifting from Solana to HyperEVM, signaling growing interest in HYPE. Source: Lupo via X

Participants are exiting the old narratives and rotating into a new narrative. Crypto on-chain analyst Lupo believes that this kind of migration, from one of the biggest chains into something that is still taking shape, is a positive development.

Backing the bullish sentiment, top trader Byzantine General just flagged HYPE’s textbook ascending triangle setup. Price action has been grinding higher with clean, consistent higher lows, while resistance overhead grows thinner with each attempt. With the ongoing strength, $50 is only a matter of time.

HYPE forms a textbook ascending triangle with rising open interest, signaling fresh capital and a clear path toward $50. Source: Byzantine General via X

At the same time, open interest is climbing alongside price, suggesting fresh capital is still entering the market. Funding remains neutral to slightly positive, indicating balanced positioning without signs of overheating. Liquidation levels are relatively clean, lowering the risk of sudden forced moves. HYPE looks prepared rather than overextended.

Adding to the ongoing narrative, Neil’s latest chart adds even more heat to the HYPE narrative. The setup is clean, a textbook ascending triangle with a clear breakout target just above $46. Price has been coiling just under resistance, while higher lows press from below, tightening the structure and building pressure.

HYPE shows a clean ascending triangle with a breakout target near $46. Source: Neil via X

A measured move from the base of the triangle puts Hyperliquid’s next leg at roughly 24% higher, right into the $46 zone. Volume has been increasing on each bounce off support, and moving averages are trending upward, giving the move a strong directional base.

HYPE is shaping up for a breakout, and the chart backs it. The key level to watch is $37.30, with a clean setup pointing to a 24% upside move. If momentum holds, $50 is the next stop.

While the rest of the market waits for a trigger to move, HYPE is already pushing the narrative forward, and right now, momentum is clearly on its side.