Hyperliquid Price Prediction: Can HYPE Break Above $50 After Recent Rally?

• HYPE maintains strong bullish structure above all major EMAs, signaling trend strength
• Break above $48.54 resistance could trigger move toward $50 psychological level
• Rising open interest and spot inflows signal fresh capital but increase liquidation risk

Hyperliquid’s native token HYPE continues attracting aggressive bullish momentum as traders push the asset near a critical resistance zone. The token recently climbed from the $38.20 swing low toward the $47 to $48 range. Strong technical positioning and improving derivatives activity now support the broader uptrend. 

Market participants also continue increasing leveraged exposure, which reflects growing confidence in the ongoing recovery phase. However, volatility risks remain elevated as HYPE approaches a major breakout area near previous highs.

Technical Structure Supports Further Upside

The four-hour c…

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