Hyperliquid Price Rebounds After Launching Policy Center
- Price Rebound: Hyperliquid (HYPE) saw a price rebound of over 6% on Friday during Asian trading hours, settling around $29.23, indicating a positive market reaction to the new policy center that may lay the groundwork for long-term recovery.
- Policy Center Launch: The establishment of the Hyperliquid Policy Center in Washington aims to secure regulatory clarity for decentralized finance, with the Hyper Foundation committing 1 million HYPE tokens valued at approximately $29 million to enhance the regulatory landscape for the industry.
- Weak On-Chain Metrics: Despite the new initiative, data from DeFiLlama shows that the total value locked (TVL) in the network has dropped from $4.7 billion to $4.2 billion, while weekly revenue has slumped 55% to $11.83 million, indicating a fundamental erosion of network utility and engagement.
- Unlock Risk: A significant token unlock of 9.92 million HYPE tokens, valued at around $291 million and representing 2.72% of the circulating supply, is set for March 6, which could drive prices lower if demand from new buyers is insufficient to absorb the liquidity.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for HYPE
Technical Sentiment Analysis for Hyperliquid (HYPE). As of , Hyperliquid (HYPE) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 2 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for HYPE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, HYPE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Hyperliquid (HYPE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 17.381 | 21.503 | 25.455 | 29.577 | 33.529 | 37.651 | 41.603 |
| Fibonacci | 21.503 | 24.588 | 26.493 | 29.577 | 32.662 | 34.567 | 37.651 |
About HYPE
About the author





