Hyperliquid USD Falls 7% as RSI Signals Oversold Conditions

Hyperliquid USD fell 7% to $51.91 in the past 24 hours, extending a five-day decline of 10.4%. The drop leaves the token well below its 50-day average of $63.94 and near its lower Bollinger Band at $50.69, signaling an oversold bounce may be forming. No single news event explains the move, though analyst commentary suggests a broader downtrend and potential supply pressure from unstaking.

Why HYPEUSD is oversold on the daily chart

The RSI sits at 35.9, deep in oversold territory below 30, a level that historically precedes bounces. The Stochastic indicator is even more extreme at 8.28, and the Williams %R at -98.54 confirms severe selling pressure. Price is now $1.22 above the lower Bollinger Band, the first support zone, after trading as low as $51.58 today.

MACD and trend strength show weakness but no reversal yet

The MACD is negative at -2.61 with a signal line at -1.48, and the histogram remains underwater at -1.13, meaning the bearish crossover has not yet flipped. The ADX at 15.94 signals no strong trend in either direction, leaving room for a relief rally. The Rate of Change at -17.35% reflects the sharp recent selling.

What Meyka forecasts for HYPEUSD over the next year

Meyka’s one-month forecast is $52.90, only 1.9% above the current price, suggesting near-term consolidation. The 12-month forecast of $60.61 implies 16.8% upside from today’s level. Forecasts may change due to market conditions, regulations, or unexpected events.

Analyst positioning and staking supply concerns

Pseudonymous analyst Pentoshi started a small spot position in HYPE below $34 in October 2025 and plans to scale in lower, citing a broken downtrend and damaged support zones. He flagged potential sell pressure from an unstaking queue, where previously locked tokens unlock and may be sold rather than restaked, adding near-term headwinds to the token’s recovery.

Final Thoughts

HYPEUSD is deeply oversold on daily technicals, with RSI and Stochastic at extremes that often precede relief bounces. The 12-month forecast of $60.61 offers a longer-term target, but near-term consolidation around $52 is more likely as supply concerns and downtrend structure persist.

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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.