Hyperliquid (HYPE): Is the price jump to $36.30 now realistic?
Find out the latest Hyperliquid (HYPE) developments and market forecasts as of 05/31/2025, including technical analysis and price targets.

Hyperliquid (HYPE): Is the price jump to $36.30 now realistic?
On May 31, 2025, the cryptocurrency Hyperliquid (HYPE) is showing promising technical signals, specifically a bearish butterfly harmonic pattern. The current price of HYPE is around $31.75. Analysts predict a possible rebound to $36.30. These developments are particularly relevant as the entire crypto market has recently undergone a strong correction phase. Bitcoin fell below $104,000 and Ethereum fell to around $2,500. These market conditions led to massive selling across altcoins, including HYPE, which has grown by more than 125% despite a decline in the last 60 days.
The technical outlook for HYPE is mixed as the Bearish Butterfly pattern is significant on the 2-hour time frame. After a rejection at $35.06, the point X, there was a 13% decline. The next support level is at $30.65, at point A, while the AB leg has retraced 81.8% of the XA decline. The BC leg corrected 93.4% of the AB leg and found support at $30.89, point C. The CD leg, on the other hand, has started, with a target of $36.30, point D.
Market analysis and forecast
Hopes for a 14% rise to $36.30 could strengthen, especially if market sentiment remains positive. In this case, HYPE could even grow towards USD 37.83. However, HYPE also faces challenges: The Woodies CCI in the daily chart shows a negative trend, and crisis conditions such as support levels at USD 29 should be monitored critically. A fall below this level could trigger panic selling and liquidations.
In a bearish scenario, HYPE could even fall back to levels between $17 and $15. A break below $23 would be alarming and could trigger additional selling. Ethereum’s unstable price action also remains a factor that could influence HYPE.
Positive catalysts for HYPE
- Viele potenzielle Käufer haben Schwierigkeiten, on-chain zu kaufen.
- HYPE ist momentan nicht an einer tier-eins Börse gelistet.
- Die Preisgestaltung von HYPE berücksichtigt nicht das Wachstum, da das offene Interesse wöchentlich zweistellig wächst.
- Aktuelle Einnahmen aus Rückkäufen betragen 770 Millionen USD.
- Börsen sind die profitabelsten Unternehmen im Kryptobereich.
- Keine Freigaben von privaten Investoren, keine Vesting-Perioden oder spezielle Deals.
- Hyperliquid ist die einzige Plattform für Entwickler, die Produkte im Bereich des Perpetual Trading erstellen möchten.
Flood also aims to increase HYPE's market cap to $40 billion, which would represent a significant increase from its current market cap of $12.402 billion.
Investors and market observers are invited to follow developments closely and critically evaluate possible trends with regard to HYPE. The article is for informational purposes only and is not investment advice.
For more information on the latest developments in the crypto world, you can read the reports from InvestX and Daily Hodl read.