Investment
Features
FeesSafety
Academy
More
Pluang+

HYPE tests $64 resistance amid record $5.7B derivatives interest, user activity dips

Technical Signals
28 Jul 2026
Blockonomi
View Source
Bullish
pluang ai news

Hyperliquid's native token HYPE is trading near $60.40, approaching a critical resistance at $64 within a falling wedge pattern that suggests potential bullish reversal. Despite a decline in weekly active users from 190,000 to about 149,600, derivatives market activity has surged, with Open Interest reaching a record $5.7 billion, signaling increased trading volume and potential volatility. Key support lies at the 100-day EMA around $57.5, and a successful breakout above $64 could drive prices toward $72. Analysts see a pullback to mid-$50s or $40s as a buying opportunity, with long-term targets around $100.

More News (HYPE)

Hyperliquid ETF outpaces Bitcoin and altcoin ETFs in market cap inflows, boosting HYPE token price.

Hyperliquid ETF outpaces Bitcoin and altcoin ETFs in market cap inflows, boosting HYPE token price.

Hyperliquid's Spot ETF (HYPE) is attracting more inflows relative to its market cap than Bitcoin, Ethereum, Solana, and XRP ETFs, signaling strong investor interest in smaller cryptocurrencies. Despite a recent price dip to $54.74, HYPE's price has r...

Market News
Bullish
5 hours ago
Bitcoin falls 2% as South Korea's Kospi plunges 11% and U.S. Senate shelves Crypto Clarity Act

Bitcoin falls 2% as South Korea's Kospi plunges 11% and U.S. Senate shelves Crypto Clarity Act

Bitcoin dropped about 2% amid a sharp 11% plunge in South Korea's Kospi stock index, one of its worst days in years, shaking global risk assets. The U.S. Senate postponed the Crypto Clarity Act to focus on a Russia sanctions bill and federal nominati...

Market News
Bearish
6 hours ago
Hyperliquid, Shiba Inu, Chainlink, and Stellar show mixed signals amid key support and resistance levels.

Hyperliquid, Shiba Inu, Chainlink, and Stellar show mixed signals amid key support and resistance levels.

Hyperliquid trades near $59.5, just above its 100-day EMA, holding a critical support at $57.5 with resistance at $62 and $64.3. Shiba Inu broke above its 26- and 50-day EMAs but faces resistance at the 100-day EMA, with buying interest strong but un...

Technical Signals
Neutral
14 hours ago
Hyperliquid (HYPE) tests key 100-day EMA support, signaling potential rebound or deeper correction.

Hyperliquid (HYPE) tests key 100-day EMA support, signaling potential rebound or deeper correction.

Hyperliquid (HYPE) is trading near its critical 100-day exponential moving average (EMA) at around $57.5, a strong support level during its uptrend. After rallying to $75 in June, the token has pulled back, dipping below short-term EMAs but holding a...

Technical Signals
Neutral
17 hours ago
Crypto market sees mixed moves: Shiba Inu breaks out, Chainlink rebounds, Stellar consolidates, Hyperliquid corrects.

Crypto market sees mixed moves: Shiba Inu breaks out, Chainlink rebounds, Stellar consolidates, Hyperliquid corrects.

On July 28, the cryptocurrency market showed varied trends: Shiba Inu (SHIB) experienced a strong breakout with increased volume, signaling a potential early recovery phase if it sustains above key moving averages. Chainlink (LINK) is attempting a tr...

Technical Signals
Bullish
17 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App