Will Hyperliquid (HYPE) Reach $100?

Hyperliquid (HYPE) continues to stand out as one of the strongest-performing cryptocurrencies of 2026. Despite periods of heightened volatility across the broader crypto market, the token has gained more than 25% over the past month and is up nearly 180% since the start of the year. Its resilience during a period marked by geopolitical uncertainty and broad market pullbacks has fueled speculation over whether HYPE could eventually reach the $100 milestone, a level that some market participants have identified as a long-term objective.

While short-term price movements remain difficult to predict, the current chart highlights several important technical levels that could determine HYPE's next move.

Hyperliquid (HYPE) technical analysis

HYPEUSD - 1 Day Time Frame

At the time of writing, HYPE is trading just below $71, comfortably above multiple support zones established during its recent rally. The nearest support lies around $61, a level that has repeatedly attracted buyers and helped preserve the current bullish structure. As long as this area continues to hold, the broader uptrend remains technically intact.

On the upside, the next major obstacle is the $76 resistance level, which represents both HYPE's 2026 high and its all-time high, reached in mid-June. A successful breakout above this level, followed by confirmation that it has turned into support, could strengthen bullish momentum and open the door to price discovery beyond previous highs.

Hyperliquid (HYPE) price target

If HYPE manages to break and hold above the $76 resistance level, the market could enter a new phase of price discovery, with buyers targeting fresh all-time highs. While any discussion of a move toward $100 remains speculative at this stage, a confirmed breakout above the current record high would represent an important technical milestone that could reinforce longer-term bullish sentiment.

Alternatively, HYPE could continue consolidating between the $61 support and $76 resistance levels as buyers and sellers search for a clearer direction. If selling pressure increases, the token could revisit the next key support around $54, a level last tested on June 10 that previously served as a strong base for the latest rally.

Overall, HYPE remains one of the strongest technical performers in the cryptocurrency market, but its next major move will likely depend not only on its own price structure but also on broader crypto market sentiment, macroeconomic developments, and geopolitical events. Monitoring these external factors alongside the key support and resistance levels could provide valuable insight into whether the current uptrend has room to continue.

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