{"id":23291,"date":"2026-03-05T17:44:29","date_gmt":"2026-03-05T17:44:29","guid":{"rendered":"https:\/\/bitunikey.com\/news\/hyperliquid-price-outlook-bulls-eye-35-as-bollinger-bands-tighten\/"},"modified":"2026-03-05T17:44:34","modified_gmt":"2026-03-05T17:44:34","slug":"hyperliquid-price-outlook-bulls-eye-35-as-bollinger-bands-tighten","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/hyperliquid-price-outlook-bulls-eye-35-as-bollinger-bands-tighten\/","title":{"rendered":"Hyperliquid price outlook: Bulls eye $35 as Bollinger Bands tighten\u00a0"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Hyperliquid price is approaching a key resistance level, and shrinking volatility suggests a possible breakout toward $35.<\/p>\n<div id=\"cn-block-summary-block_dc8aa25f8b08a54162379781544ef4fa\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>HYPE trades near $31 after slipping 5.7% in 24 hours but remains up 80% over the past year.<\/li>\n<li>Bollinger Bands are tightening, signaling a volatility squeeze that often precedes a major move.<\/li>\n<li>A breakout above $34 could push price toward $35, while losing $29 may expose the $26 support zone.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>At press time, Hyperliquid (HYPE) was trading at $31.24, down 5.7% in the past 24 hours. Over the last week, it moved between $26.22 and $33.33, ending roughly 7% higher. However, the token has decreased by roughly 10% per month. <\/p>\n<p>HYPE continues to be one of the better-performing altcoins despite the recent decline. Over the past year, the token has increased by about 80%, despite difficulties in the larger cryptocurrency market.<\/p>\n<p>Derivatives activity has cooled slightly. CoinGlass <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/currencies\/HYPE\/futures\" target=\"_blank\" rel=\"nofollow\">data<\/a> shows that trading volume dropped 18% to about $1.25 billion, while open interest fell 7.5% to $1.21 billion, showing some traders closing their positions.<\/p>\n<h2 class=\"wp-block-heading\">HYPE token fundamentals<\/h2>\n<p>HYPE\u2019s price is influenced by several structural factors.\u00a0 The core of Hyperliquid\u2019s ecosystem is perpetual futures trading, and the Assistance Fund for token buybacks receives about 97% of platform fees. <\/p>\n<p>Increases in trading are directly correlated with increases in buybacks. For example, when trading volumes averaged $29 billion daily, $5.82 million in buybacks were generated, demonstrating a direct correlation between trading demand and token support.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Market sentiment has also been influenced by protocol upgrades. Permissionless perpetual markets were introduced by HIP-3, which produced a total volume of about $83 billion.\u00a0<\/p>\n<p>HIP-4 proposal aims to launch outcome trading products, combining prediction markets, options, and binary-style contracts. These additions could expand platform activity if more retail or institutional traders participate.<\/p>\n<h2 class=\"wp-block-heading\">Hyperliquid price technical analysis<\/h2>\n<p>HYPE appears to be entering a compressed volatility phase. Bollinger Bands have tightened on the daily chart, which is frequently an indication of an impending big move. <\/p>\n<p>The upper band, which has caused pullbacks in recent sessions, is being tested by the price.<\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">Hyperliquid daily chart. Credit: crypto.news<\/figcaption><\/figure>\n<p>The structure of the market has improved. HYPE has formed a string of higher lows around $26 and $29 since late January, indicating that buyers are intervening earlier on dips. This outlook is also supported by momentum indicators.\u00a0<\/p>\n<p>There is potential for more gains as the relative strength index is in the mid-50s and trending upward. Meanwhile, the mid-Bollinger Band has been offering dynamic support around $29. <\/p>\n<p>A move toward $35 could ensue if HYPE breaks above $33\u2013$34, with a possible extension to $38 if buying pressure increases. Deeper losses could retest the $26 base, and rejection at resistance could push the token back toward $29 on the downside.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hyperliquid price is approaching a key resistance level, and shrinking volatility suggests a possible breakout toward $35. Summary HYPE trades near $31 after slipping 5.7% in 24 hours but remains&hellip;<\/p>\n","protected":false},"author":1,"featured_media":9628,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-23291","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/23291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=23291"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/23291\/revisions"}],"predecessor-version":[{"id":23292,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/23291\/revisions\/23292"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/9628"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=23291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=23291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=23291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}