HYPEUSD Price Target: Will It Bounce Back to $32.9 After Recent Plunge?
HYPEUSD, or Hyperliquid USD, has recently caught the market’s attention with a significant shift in its price dynamics. After dropping to $31.953, the crypto is at a pivotal moment, with forecasts suggesting a target of $32.9 for the coming month.
Current Price Movement
HYPEUSD currently trades at $31.953, experiencing a slight upturn of 0.04997% over the last day. This follows a substantial drop of 13% amid a recent crypto market crash. The recent $60M token unlock on November 30th raised concerns about potential sell-offs, further impacting its price movement.
Technical Analysis of HYPEUSD
The Relative Strength Index (RSI) stands at 42.30, indicating a neutral momentum but leaning towards oversold territory. The MACD shows a negative trend with a value of -1.97, backed by a strong ADX of 28.11. Bollinger Bands suggest high volatility, with the lower band at $32.96 near the current price, setting a critical support level.
Market Sentiment and Forecasts
Meyka AI predicts a monthly target of $32.9 with potential recovery scenarios supported by macroeconomic improvements. The yearly forecast stands at $44.45, reflecting broader optimism. However, this hinges on resolving current market uncertainties and regulatory shifts.
Volume and Market Capitalization
HYPEUSD’s trading volume is notably below its 493M average, sitting at 366M. This reduced volume reflects lingering caution among traders. The market cap is at $45.32B, indicating substantial backing but vulnerability to market sentiment shifts. The 52-week high at $59.392 underscores the significant room for growth if the sentiment shifts favorably.
Final Thoughts
HYPEUSD’s path forward is closely tied to market conditions and the aftershocks of the recent token unlock. With technical indicators leaning towards a potential rebound, a move to $32.9 is plausible, provided stability returns. However, forecasts can change due to macroeconomic shifts, regulations, or unexpected events affecting the crypto market.
FAQs
As of now, HYPEUSD is priced at $31.953, reflecting a slight increase from previous lows amid recent market events. [HYPEUSD](https://meyka.com/crypto/HYPEUSD)
The price drop followed a $60M token unlock and a wider crypto market crash, causing a significant sell-off in HYPEUSD shares on December 1st, 2025.
The forecast for HYPEUSD suggests a price target of $32.9 for the coming month, with a potential yearly peak at $44.45, according to Meyka AI. Forecasts can change due to macroeconomic shifts, regulations, or unexpected events affecting the crypto market.
The RSI for HYPEUSD is currently at 42.30, which suggests it is leaning towards being oversold, indicating potential for a price correction. Forecasts can change due to macroeconomic shifts, regulations, or unexpected events affecting the crypto market.
Key indicators include an RSI of 42.30, a MACD of -1.97, and an ADX of 28.11, suggesting a mix of neutral and bearish signals with potential volatility based on recent trends. Forecasts can change due to macroeconomic shifts, regulations, or unexpected events affecting the crypto market.
Disclaimer:
Cryptocurrency markets are highly volatile. This content is for informational purposes only. The Forecast Prediction Model is provided for informational purposes only and should not be considered financial advice. Meyka AI PTY LTD provides market data and sentiment analysis, not financial advice. Always do your own research and consider consulting a licensed financial advisor before making investment decisions.
