Why did HYPEUSD drop 6.07% today?

HYPEUSD declined due to profit-taking after a strong 6-month rally of 60.85%. Whale activity, token unlock schedules, and neutral technical momentum (RSI at 48.5) created selling pressure. The XRP integration launched January 7, 2026, has not yet driven volume spikes, leaving traders cautious about near-term direction.

What is the monthly price target for HYPEUSD?

The monthly forecast for HYPEUSD is $21.77, representing a -17.9% decline from current levels. This target reflects potential weakness if support at $22.33 fails. Broader crypto weakness or negative sentiment around token unlocks could drive this scenario.

How does the XRP integration affect HYPEUSD?

XRP spot trading through Flare's FXRP/USDC pair expands Hyperliquid's cross-chain utility and taps into $250M+ of existing XRP perpetual open interest. This bullish development attracts new trading volume and strengthens HYPEUSD's long-term ecosystem value, though near-term price action remains constrained by technical resistance.

What are key support and resistance levels for HYPEUSD?

HYPEUSD faces resistance at $29.29 (upper Bollinger Band) and $30.35 (50-day SMA). Support sits at $25.81 (middle Bollinger Band) and $22.33 (lower Bollinger Band). A sustained break above $29.29 could target $35.50, while failure to hold $22.33 risks a retest of November 2025 lows near $22.

What do technical indicators suggest for HYPEUSD?

RSI at 48.5 shows neutral momentum, while MACD is bearish with signal line above MACD value. ADX at 37.13 confirms a strong downtrend. Stochastic %K at 69.09 and CCI at 162.14 indicate overbought conditions, warning of potential pullback risk before sustained recovery.

Crypto Insights

HYPEUSD Faces $21.77 Test as XRP Integration Reshapes Liquidity

ByHuzaifa Zahoor January 8, 2026January 8, 2026

Hyperliquid USD (HYPEUSD) is trading at $26.50 on January 8, 2026, down 6.07% from recent highs. The token faces a critical technical test as Hyperliquid’s ecosystem expands with XRP spot trading integration. This development marks a significant shift in the platform’s cross-chain capabilities. Market data shows HYPEUSD consolidating near key support levels while broader sentiment remains mixed. Understanding the technical landscape and upcoming price targets helps traders navigate this inflection point.