Hyperliquid is staging a comeback, and the derivatives market is paying close attention. HYPE, its native token, is trading in the mid-to-upper $50s at the time of writing, having bounced off critical moving-average support while broader altcoins have struggled.
Hyperliquid has been one of the strongest-performing tokens over the past 12 months, making new all-time highs while the rest of the market crumbled. This move culminated with HYPE hitting $76 on June 3, before cooling down to its current price of around $56.
The leading decentralized futures platform has a market cap of $12.6Bn, making it the 11th-largest digital asset by market cap and underscoring its meteoric rise in recent months. HYPE has a daily trading volume of more than $1Bn.
$HYPE — quick order flow update
The decline played out in line with what the flow was showing in my last quoted post — sellers were in control, both CVDs trending down. I'd mentioned 52.5 as a possible support area, and price did react there.
What I'm seeing now:
The decline:… https://t.co/lIY1fvGyTh pic.twitter.com/aGbJq0Wpjs
— noorucn (@sportytechworld) June 11, 2026
Can Hyperliquid Price Hit $70 Before the Next Token Unlock?
Key levels to track: support clusters at $55.56, $53.35, and $49.17, with resistance stacked at $61.96, $66.14, and $68.35 based on classical pivot analysis. A confirmed daily close above roughly $58 opens the path toward the $60 psychological level and beyond.
Three scenarios are on the table right now:
- Bull case: HYPE holds above the 200-day EMA, HIP-4 progress accelerates, and a close above $68 targets analyst projections of $70–$100, with aggressive Fibonacci extensions pointing as high as $115.
- Base case: Price consolidates in the $49–$62 range through mid-June as the market digests the recent run, with positive funding supporting a slow grind higher.
- Bear/invalidation: Various models flag a potential dip toward $44.27 by mid-June if broader market conditions deteriorate; a breakdown below the 200-day EMA would put the 50-day EMA back in play as the next meaningful floor.
One variable the price chart alone won’t tell you: the upcoming HYPE token unlock in June introduces selling pressure that could complicate an otherwise constructive technical setup. Watch the unlock date closely.
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LiquidChain Targets Early-Mover Upside as HYPE Tests Key Resistance
HYPE rebounding from moving average support is an encouraging sign, but at a market cap already reflecting substantial institutional interest, the asymmetric upside that early participants enjoyed is largely priced in. Traders looking for that kind of leverage-to-upside ratio are increasingly eyeing earlier-stage infrastructure plays.
LiquidChain is one worth researching. The project describes itself as a Layer 3 cross-chain liquidity layer, fusing Bitcoin, Ethereum, and Solana liquidity into a single execution environment, so developers deploy once and access all three ecosystems simultaneously.
Its presale has raised $834,417.19 at a current price of $0.01468 per $LIQUID token. Standout features include a Unified Liquidity Layer, Single-Step Execution, and Verifiable Settlement, all aimed at the fragmentation problem that still makes cross-chain DeFi genuinely frustrating to use.
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