Why did Hyperliquid USD drop 3.4% today?

HYPEUSD declined due to reduced trading volume (160.5M vs 431M average) and selling pressure breaking below the 50-day moving average at $28.72. ADX at 37.13 confirms a strong downtrend with clear directional conviction. Lower volume suggests weak selling rather than capitulation.

What is the price forecast for Hyperliquid USD?

Monthly target: $21.77 (11% downside). Quarterly target: $56.62 (131% upside). Yearly target: $59.65 (143% upside). The wide range reflects uncertainty about whether HYPEUSD consolidates near support or rebounds sharply from current weakness.

What technical indicators matter most for HYPEUSD?

ADX at 37.13 shows a strong downtrend. RSI at 48.50 is neutral, leaving room for reversal. MACD at -1.82 below signal line confirms bearish momentum. Bollinger Bands show support at $22.33 and resistance at $29.29.

Is $22.33 a key support level for Hyperliquid USD?

Yes, $22.33 is the lower Bollinger Band and represents critical support. A break below this level would target the 52-week low of $9.37. A hold would set up potential recovery toward $25-26 resistance.

Should traders watch volume for HYPEUSD recovery signals?

Yes, volume is crucial. A recovery on rising volume above 431M average would signal genuine buying interest. A decline on heavy volume would confirm capitulation. Current 37% below-average volume suggests weak selling conviction.

Crypto Insights

Hyperliquid USD Falls 3.4% as Monthly Forecast Signals $21.77 Support Test

ByDanny Kontos January 10, 2026

Hyperliquid USD (HYPEUSD) is trading at $24.542 as of January 10, 2026, down 3.4% over the past day. The token has experienced significant volatility, with a year-to-date gain of 52.13% but recent weakness testing key support levels. Market data shows HYPEUSD trading below its 50-day average of $28.72, signaling potential consolidation ahead. Understanding the current technical setup and price forecast for Hyperliquid USD helps traders assess whether this decline represents a temporary pullback or the start of a deeper correction. We’ll examine the technical indicators, market sentiment, and price targets driving HYPEUSD movement today.