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Hyperliquid (HYPE) To Soar Further? Key Harmonic Pattern Signals Potential Upside Move

Hyperliquid (HYPE) To Soar Further? Key Harmonic Pattern Signals Potential Upside Move

CoinsProbeCoinsProbe2025/08/25 22:00
By:Nilesh Hembade

Date: Mon, Aug 25, 2025 | 09:55 AM GMT

The cryptocurrency market is pulling back after an early boost from Jerome Powell’s remarks at the Jackson Hole event, where he hinted at potential rate cuts in September. Bitcoin (BTC) slipped to $111K from its 24-hour high of $115K, while Ethereum (ETH) dipped by 3.5%, putting pressure on major altcoins.

Yet, Hyperliquid (HYPE) is managing to stay in the green, supported by strong metrics growth and an emerging technical setup.

Hyperliquid (HYPE) To Soar Further? Key Harmonic Pattern Signals Potential Upside Move image 0 Source: Coinmarketcap

Harmonic Pattern Signals Potential Upside

On the daily chart, HYPE is forming a Bearish ABCD harmonic pattern. While this structure is technically classified as bearish, it often delivers a strong bullish CD-leg rally before any potential reversal near the projected target zone.

The move began with a rally from Point A near $35.53 to Point B, followed by a pullback to Point C around $40.40, where buyers stepped back in aggressively. Since then, HYPE has surged higher and is now trading around $45.30, confirming the strength of the CD leg.

Hyperliquid (HYPE) To Soar Further? Key Harmonic Pattern Signals Potential Upside Move image 1 Hyperliquid (HYPE) Daily Chart/Coinsprobe (Source: Tradingview)

Based on the 1.53 Fibonacci extension of the BC leg, Point D is projected near $54.42 — a level that marks the next major upside target and a potential resistance zone traders will be watching closely.

What’s Next for HYPE?

If buying pressure continues, HYPE could climb toward the $54.42 PRZ, which represents a further +20% gain from current levels. However, to sustain this bullish momentum and keep the harmonic structure valid, holding above near-term support will be crucial.

With market sentiment still shaky, short-term volatility should be expected, but the technicals suggest HYPE may have more room to run before encountering its next big test.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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