Why is HYPEUSD dropping today?

HYPEUSD fell 2.99% due to selling pressure and technical weakness. The token trades below its 200-day average of $37.43, and ADX at 37.13 confirms a strong downtrend. Elevated volume of 189 million tokens suggests coordinated selling rather than panic.

What is the HYPEUSD price forecast for 2026?

Monthly target: $22.77 (24% downside). Quarterly: $59.11 (96% upside). Yearly: $52.73 (75% upside). These forecasts reflect current technical positioning and historical patterns but may change with market conditions.

What are key support and resistance levels for HYPEUSD?

Support: $22.33 (Bollinger lower band), $27.11 (50-day average). Resistance: $29.29 (Bollinger upper band), $59.46 (year-high). A break below $27 would signal further weakness toward $22.77.

Is HYPEUSD oversold or overbought?

RSI at 48.50 shows neutral conditions. Stochastic %K at 69.09 indicates short-term overbought, but %D at 50.12 suggests stabilization. CCI at 162.14 also shows overbought extremes, suggesting potential pullback risk.

What drives HYPEUSD price movements?

HYPEUSD responds to broader crypto market sentiment, protocol developments, and regulatory news. Technical levels like the 50-day average and Bollinger Bands influence short-term trading. Long-term catalysts include adoption metrics and competitive positioning within the Hyperliquid ecosystem.

Crypto Insights

Hyperliquid USD Retreats 2.99% Daily—Can $22.77 Monthly Target Hold Support?

ByDanny Kontos February 16, 2026

Hyperliquid USD (HYPEUSD) is trading at $30.14 as of February 16, 2026, down 2.99% over the past 24 hours. The token has faced selling pressure recently, with a monthly forecast suggesting a potential test of $22.77 support levels. Understanding why HYPEUSD is dropping requires examining both technical indicators and broader market conditions. Our analysis covers key resistance and support zones, price predictions, and what traders should monitor in the coming weeks.