HYPEUSD Hyperliquid USD is trading at $30.97 on February 3, 2026, up 0.68% in the last 24 hours. The token’s recent momentum reflects growing interest in Hyperliquid’s HIP-4 upgrade, which launched prediction market infrastructure on its HyperCore engine. This development marks a significant shift for the platform, enabling outcome-based contracts without leverage or liquidations. Market data shows HYPEUSD volume reached 784.7 million, with a market cap of $10.5 billion. Technical indicators suggest mixed signals as traders evaluate whether the platform’s regulatory-friendly approach to prediction markets can sustain price momentum.
HYPEUSD Price Forecast and Target Levels
HYPEUSD price forecasts reveal a wide range of potential outcomes across different timeframes. The monthly forecast targets $19.81, representing a 36% decline from current levels. This bearish projection contrasts sharply with longer-term bullish views, where the quarterly forecast sits at $52.54 and the yearly forecast reaches $56.46. The three-year forecast extends to $98.26, suggesting significant upside if Hyperliquid executes on its platform roadmap.
These divergent forecasts reflect market uncertainty about near-term consolidation versus long-term adoption. The monthly target of $19.81 aligns with historical support levels and suggests traders expect profit-taking before the next rally phase. Forecasts may change due to market conditions, regulations, or unexpected events.
HYPEUSD Technical Analysis and Key Indicators
HYPEUSD technical indicators paint a nuanced picture of current market conditions. The Relative Strength Index (RSI) sits at 48.5, indicating neutral momentum with no overbought or oversold pressure. The Moving Average Convergence Divergence (MACD) shows a value of -1.82 with a signal line at -2.48, suggesting bearish momentum that could reverse if the histogram turns positive.
The Average Directional Index (ADX) reads 37.13, confirming a strong downtrend is in place. Bollinger Bands position the price at $30.97 between the lower band at $22.33 and upper band at $29.29, indicating the token is trading near the upper boundary. Support levels cluster around $22.33 (Bollinger Band lower), while resistance emerges at $29.29 (Bollinger Band upper). The Stochastic oscillator shows %K at 69.09 and %D at 50.12, suggesting momentum may be peaking.
Market Sentiment: Trading Activity and Liquidations
Trading activity on HYPEUSD remains robust, with 24-hour volume at 784.7 million tokens, representing 3.88x the average daily volume of 221.5 million. This elevated activity reflects heightened interest around the HIP-4 prediction market launch and broader market movements in early February 2026. The 50-day moving average stands at $25.55, while the 200-day average is $38.37, showing the token trades below its longer-term trend.
Liquidation data indicates mixed sentiment among leveraged traders. The Money Flow Index (MFI) reads 57.67, suggesting moderate buying pressure without extreme conviction. Open interest levels remain elevated, reflecting active derivatives trading on Hyperliquid’s own platform. Whale activity shows caution, with some large holders taking profits near resistance levels, while prediction markets show 51% of traders betting on a $30 rally, indicating divided sentiment about near-term direction.
HIP-4 Prediction Markets and Platform Innovation
Hyperliquid’s HIP-4 upgrade introduces outcome-based contracts that settle within fixed ranges without leverage or liquidations, addressing a key gap in the derivatives market. These contracts are collateralized in USDH, Hyperliquid’s native stablecoin, and enable traders to bet on specific events like “Will Bitcoin hit $80K by March?” The feature went live on testnet on February 3, 2026, with mainnet deployment planned after technical audits.
This innovation positions HYPEUSD to capture demand for low-risk derivatives as regulatory frameworks around prediction markets solidify. The CFTC announced plans to create formal rules for prediction markets, which could legitimize platforms like Hyperliquid that prioritize objective settlement via verifiable data feeds. Success depends on user adoption and regulatory clarity, but the infrastructure-first approach may help navigate compliance risks better than competitors.
Why HYPEUSD Price Momentum Faces Headwinds
HYPEUSD price momentum faces several near-term headwinds despite positive platform developments. The monthly forecast of $19.81 suggests traders expect consolidation or profit-taking before the next leg higher. Technical indicators show the ADX at 37.13, confirming a strong downtrend that could persist if support at $22.33 breaks. The MACD remains in bearish territory, and the Stochastic oscillator near 70 hints at potential pullback risk.
Macro factors also weigh on sentiment. Bitcoin’s price action directly influences altcoin flows, and broader crypto market liquidity conditions affect HYPEUSD trading volume. Token unlock schedules and whale profit-taking near resistance levels add selling pressure. However, the 50-day moving average at $25.55 provides a potential support zone if the downtrend accelerates, while the quarterly forecast of $52.54 suggests longer-term buyers remain confident in the platform’s direction.
HYPEUSD Price Forecast: Monthly, Quarterly, and Yearly Targets
The monthly forecast for HYPEUSD targets $19.81, implying a 36% decline from the current $30.97 price. This bearish near-term outlook reflects profit-taking and technical consolidation patterns. The quarterly forecast shifts dramatically to $52.54, representing a 70% gain and suggesting a recovery phase begins in Q1 2026. The yearly forecast reaches $56.46, indicating sustained upside as Hyperliquid’s platform adoption accelerates.
These forecasts hinge on several catalysts. HIP-4’s successful mainnet launch and user adoption of prediction markets could drive quarterly gains. Regulatory clarity from the CFTC on prediction market rules may boost confidence in Hyperliquid’s compliance approach. Conversely, a breakdown below $22.33 support could trigger a deeper correction toward the $14-$19 range that bearish analysts warn about. The wide range between monthly and quarterly targets reflects market uncertainty about the timing of the next rally phase.
Final Thoughts
HYPEUSD Hyperliquid USD trades at $30.97 on February 3, 2026, caught between near-term bearish pressure and longer-term bullish catalysts. The monthly forecast of $19.81 signals consolidation risk, while quarterly and yearly targets of $52.54 and $56.46 suggest significant upside potential. Technical analysis reveals a strong downtrend (ADX 37.13) with neutral momentum (RSI 48.5), positioning the token near upper Bollinger Band resistance at $29.29. The HIP-4 prediction market launch represents a meaningful innovation that could attract new users and trading volume, but success depends on regulatory clarity and adoption rates. Market sentiment remains divided, with 51% of prediction market participants betting on a $30 rally while whales show caution. Key support levels at $22.33 and $25.55 will determine whether HYPEUSD consolidates or corrects further. Traders should monitor the MACD for a bullish crossover and watch for regulatory announcements from the CFTC regarding prediction market rules. The platform’s fee-burn mechanism, which directs 97% of protocol fees to HYPE buybacks, provides structural support for longer-term price appreciation if trading volume sustains.
FAQs
HYPEUSD is Hyperliquid USD, a token powering the Hyperliquid derivatives platform. It’s important because it captures protocol fees through a buyback mechanism and governs platform upgrades like HIP-4 prediction markets. The token’s value depends on trading volume and user adoption of new features.
The $19.81 monthly forecast suggests HYPEUSD could decline 36% from current levels as traders take profits and consolidate positions. This bearish near-term outlook reflects technical weakness and profit-taking, but longer-term forecasts remain bullish, indicating recovery potential in Q1 2026.
HIP-4 prediction markets could drive HYPEUSD adoption by attracting traders seeking low-risk derivatives without leverage. Successful mainnet launch and regulatory approval could boost trading volume and protocol fees, supporting the token’s price through the buyback mechanism.
Key support levels are $22.33 (Bollinger Band lower) and $25.55 (50-day moving average). Resistance sits at $29.29 (Bollinger Band upper) and $32 (200-day EMA). A break below $22.33 could trigger a deeper correction toward $14-$19.
Technical indicators show mixed signals with a strong downtrend (ADX 37.13) but neutral momentum (RSI 48.5). The monthly forecast of $19.81 suggests near-term caution, while quarterly and yearly targets indicate longer-term upside. Market data shows divided sentiment among traders.
CFTC plans to create formal rules for prediction markets, which could legitimize Hyperliquid’s HIP-4 platform. Clearer regulations may boost user confidence and trading volume, supporting HYPEUSD price through increased protocol fees and buybacks.
HYPEUSD price closely follows Bitcoin’s direction, as altcoin flows depend on Bitcoin’s momentum. When Bitcoin rallies, capital flows into altcoins like HYPEUSD. Conversely, Bitcoin weakness typically pressures HYPEUSD and other altcoin prices.
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.
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