This Hyperliquid price prediction arrives right after one of HYPE's most volatile stretches in weeks. The coin tagged a fresh all-time high and then triggered a huge liquidation wave almost i
This Hyperliquid price prediction arrives right after one of HYPE's most volatile stretches in weeks. The coin tagged a fresh all-time high and then triggered a huge liquidation wave almost immediately after, and the market is now watching closely to see which way it resolves.
The setup on the chart, paired with fresh political and regulatory chatter around Hyperliquid, makes this one of the more interesting Hyperliquid price prediction updates in a while. Here is what the data shows.
This analysis is prepared by CoinGabbar's technical desk using live exchange and on-chain data. It is for informational purposes only and is not financial advice, and CoinGabbar and the analyst do not hold a position in HYPE at the time of publication.
The levels below come from a 1-hour chart and reflect a short-term technical view, not a guaranteed outcome.
Metric
Value
CMP (Current Market Price)
$77.926
24-Hour Change
+4.38%
Market Cap
$19.63 billion
Futures Volume (24h)
$9.39 billion
Spot Volume (24h)
$678.37 million
Open Interest
$3.47 billion
Circulating Supply
252.13 million HYPE
Total Supply
952.35 million HYPE
Max Supply
952.35 million HYPE
Futures volume of $9.39 billion against spot volume of $678.37 million works out to roughly 13.8 times more futures activity than spot, an independently calculated ratio showing this move is almost entirely leverage-driven.
Open interest of $3.47 billion against a $19.63 billion market cap puts leverage exposure at close to 17.7% of market cap, a notably elevated reading that explains the scale of the liquidation wave below.
Source: CoinGlass live market data, August 22, 2026. Chart source: TradingView, HYPE/USDT Perpetual, Binance, 1-hour timeframe.
This Hyperliquid price outlook is built on the 1-hour HYPE/USDT perpetual chart on Binance, viewed through TradingView.
CMP is taken from the live price marked on that chart, and target and support levels are pulled directly from old swing highs and lows marked on the same chart, along with the rising trendline HYPE has been tracking.
Fresh commentary is adding weight to this HYPE price prediction.
According to trader Marcos Crypto, a $100 billion market cap for HYPE does not sound far-fetched anymore now that Trump is publicly talking about Hyperliquid, with the door to the U.S. market seen as getting closer to opening.
Changpeng Zhao (CZ) reportedly said Hyperliquid entering the U.S. market would be a win for the entire industry.
Commentary like this, tied to political visibility and a potential U.S. market opening, adds a supportive narrative backdrop even though the price levels below are driven by the chart structure itself.
Source: Marcos Crypto (X/Twitter), August 22, 2026.
Long-side liquidations have dominated every single window over the past 24 hours, from $100.69K over the last hour against just $27.27K short up to $21.88M over the full 24-hour window against $10.97M short.
The 4-hour window shows $1.61M long against $189.92K short, and the 12-hour window shows $20.84M long against $7.70M short.
That is a heavy, consistent skew toward long-side liquidations, confirming that HYPE's move to its all-time high was followed by an aggressive flush of leveraged longs rather than a slow cooldown.
Source: CoinGlass liquidation data, August 22, 2026.
HYPE tagged a fresh all-time high and immediately saw a huge liquidation event, with long-side liquidations dominating every timeframe from 1 hour out to 24 hours
CMP is trading near $77.926, up 4.38% over the past 24 hours per CoinGlass
A close above $80 opens the door toward $85, then $100, a widely watched psychological number
A break and close below $70.602 would shift the picture bearish, with $67.151 as the next support
Political commentary around Trump and CZ discussing Hyperliquid's path into the U.S. market is adding to bullish sentiment
Leverage exposure is elevated relative to market cap, which explains the scale of the recent liquidation wave
This is a short-term technical read. Even strong setups can see sharp reversals after a large liquidation event, so these levels should not be treated as guaranteed outcomes.
HYPE has just been through a violent round trip. Price pushed to a new all-time high and was met almost instantly with a huge liquidation event that wiped out a heavy concentration of long positions.
That kind of move often shakes out over-leveraged positioning before a market can push further, rather than marking a genuine trend change on its own.
Price is currently holding above its rising trendline after that flush, sitting near $77.926.
If the price breaks and closes above $80, the next levels to watch are $85 and then $100, the latter a clean psychological number that would likely need strong follow-through volume to clear.
On the downside, this setup stays structurally intact unless the price breaks and closes below $70.602.
If that happens, $67.151 is the next support to watch, an old swing low on the same chart.
Indicator
Signal
Chart Pattern
Rising trendline intact after all-time high liquidation flush
Momentum Panel (TradingView, 1H)
53.18, no active Bull or Bear tag at current reading
Near-Term Bias
Bullish above $70.602, structure weakens below that
Level Type
Price
% From CMP
Note
Extended Target
$100.00
+28.35%
Psychological resistance
Major Resistance 2
$85.00
+9.08%
Old swing high
Resistance 0 (trigger)
$80.00
+2.66%
Breakout confirmation level
Nearby Level
$77.000
-1.19%
Recent swing level
Current Price
$77.926
0%
Live CMP, Binance perpetual, 1H chart
Nearby Support
$72.691
-6.72%
Old swing low
Support 1 (trigger)
$70.602
-9.39%
Old swing low, breakdown trigger level
Support 2
$67.151
-13.83%
Old swing low
Case
Trigger
Target
Bull Case
Break and close above $80.
$85, then $100
Bear Case
Break and close below $70.602.
$67.151
Setup invalidation
Close back below $70.602.
Bullish structure weakens, breakdown risk rises.
This Hyperliquid price forecast stays bullish while HYPE holds above $70.602. It would be invalidated by a break and close below that level, shifting focus toward $67.151.
HYPE, like most large-cap altcoins, tends to take direction from the broader tone Bitcoin sets across the market, and with leverage already elevated on this pair, that sensitivity is higher than usual right now.
Strength in Bitcoin could help HYPE push through $80 faster, while a sudden negative shift in Bitcoin could trigger another round of long liquidations similar to the one just seen.
This Hyperliquid price prediction is based on HYPE's own chart structure, but Bitcoin remains a factor worth watching alongside it.
This HYPE price prediction will be revisited if the price closes decisively above $80 or below $70.602, or if fresh liquidation data or U.S. market access news meaningfully shifts the current picture.
CMP: Current Market Price, the live traded price at the time of analysis
Open Interest: The total value of outstanding, not yet settled derivative contracts for an asset
Liquidation: The forced closure of a leveraged trading position when losses exceed the margin held
All-Time High (ATH): The highest price an asset has ever traded at
Long-Side Liquidation: A forced closure of a leveraged long position, typically triggered by a sharp price drop
Bull Case: A break and close above $80 confirms HYPE has absorbed the recent liquidation flush and has room to run toward $85 and $100, supported by growing political visibility around Hyperliquid's potential U.S. market access.
Base Case: HYPE consolidates between $70.602 and $80 as the market digests the recent liquidation event and leverage resets.
Bear Case: A break and close below $70.602 opens room toward $67.151, with the elevated open interest raising the risk of a sharper move if that level gives way.
Disclaimer
This article is for informational purposes only and should not be treated as financial advice. Cryptocurrency markets are highly volatile, and readers should do their own research before making any investment decisions. CoinGabbar and the analyst do not hold a position in HYPE at the time of publication.
