In the meantime, the altcoin is steadily declining in direction of its current assist. Hyperliquid value evaluation by Coinidol.com.
Hyperliquid value long-term evaluation: bearish
The Hyperliquid (HYPE) value has been buying and selling above the $35 assist degree for the reason that value drop on October 10. The 21-day SMA resisted the altcoin’s upward correction on October 14, pushing it all the way down to the present assist degree of $35. If the bears break beneath the $35 assist, the cryptocurrency is anticipated to fall to the two.0 Fibonacci extension degree, or $21.54. If the present assist holds, the altcoin will doubtless commerce in a variety beneath the shifting common traces. HYPE value is at present at $34.45.
Hyperliquid value indicators evaluation
On each charts, the shifting common traces proceed to slope downward, indicating a persistent downtrend. The 21-day SMA is beneath the 50-day SMA, confirming a bearish development. Damaging sentiment is anticipated to persist so long as this bearish sign stays. The altcoin can also be approaching the oversold area.

HYPE/USD each day chart – October 17, 2025
What’s the subsequent route for Hyperliquid?
The rejection of the HYPE value by the shifting averages has brought on it to proceed declining. The cryptocurrency value has damaged by the important $35 assist degree in the present day, and the decline continues.
In line with the value indicator, the altcoin is projected to succeed in a low of $21. In the meantime, the crypto sign stays unfavourable as bears break beneath the present assist.

HYPE/USD 4-hour chart – October 17, 2025
Disclaimer. This evaluation and forecast are the non-public opinions of the writer. The information offered is collected by the writer and isn’t sponsored by any firm or token developer. This isn’t a suggestion to purchase or promote cryptocurrency and shouldn’t be seen as an endorsement by Coinidol.com. Readers ought to do their analysis earlier than investing in funds.
