$HYPER

Hyperliquid (HYPE) continues to generate impressive revenue, bringing in $42.53 million in fees over the past month. Hyperliquid has consistently made high revenues, making almost $515 annually, according to Defillama. However, the Hyperliquid price has struggled to gain traction after testing the $19.26 resistance twice in recent days, failing both attempts and signaling a weakening trend that could soon produce a death cross. If bearish momentum continues, Hyperliquid (HYPE) could slip to key support at $16.82, with a break lower exposing deeper levels at $14.66, $12.42, and even $9.32 if selling pressure intensifies.

On the flip side, a resurgence in bullish sentiment could shift the narrative. If momentum builds, the Hyperliquid price could once again challenge the $19.26 ceiling. The Hyperliquid price currently stands at $18.48 after a slight 4% rise. A clean breakout would likely drive the Hyperliquid price toward $21, and if buyers remain in control, the Hyperliquid price could rally as high as $25.87, reclaiming territory it hasn’t touched since February 21 and potentially reaching its all-time high of $35.20, achieved in December 2024.

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