Hyperliquid (HYPE) is maintaining its upward momentum, continuing the bullish trend observed in recent sessions, as of March 10, 2026. In the last 24 hours, the token surged approximately 9.05%, signaling heightened buying activity and renewed investor confidence.
According to the CoinMarketCap data, its weekly performance also impressed, posting an 8.11% gain amid favorable market conditions and increased trader engagement.
The token is currently trading at $0.01470, buoyed by active market participation. The 24-hour trading volume reached $534.85 million, a notable 117.02% jump from the previous day.
Market capitalization stands at $8.94 billion, reflecting a 9.01% rise, highlighting the token’s growing momentum and strong market presence.
Also Read: Hyperliquid Retests $28.50 Support as HYPE Holds $30 Level
According to the crypto analyst More Crypto Online, the chart shows a completed five-wave Elliott impulse followed by an ABC correction.
The Price dropped from around $38 to the $23–26 demand zone, where strong buying appeared. This area aligns with Fibonacci retracement support, suggesting the correction likely finished there, and buyers regained control.
Currently, the price is entering a key resistance zone between $32.8 and $36.6. These levels correspond to the 61.8% and 78.6% Fibonacci retracements and previous supply. Rejection here could cause a short pullback before continuation if buyers maintain momentum.
If the price breaks through $36.6, it could trigger a powerful bullish movement, which could shape the third wave, which is normally the strongest in the Elliott waves.
The price extensions could be found at $48, $55, and $70. The main support is found at $28-$30, which could be the buying level to sustain the trend.
Arthur Hayes has outlined an aggressive growth plan for HYPE, with a price tag of $150 expected in August 2026. This represents a near 5x growth from its current valuation of approximately $34.
Its growth prospects are of significant interest to investors as the market sentiment and hype continue to rise.
The bullish prediction also implies that there is optimism regarding the future adoption and performance of the token in the market. Traders are weighing their options in terms of risk and reward as HYPE gains momentum in the market.
The community and developments may be very instrumental in determining whether the token will be able to reach Hayes’ lofty goal or not.
Traders can track the resistance of HYPE to take advantage of any potential breakout momentum. Investors are able to gain a better understanding of the overall bullish trend, which helps in making informed decisions.
Also Read: Hyperliquid Buybacks Remove 11,768 HYPE From Circulating Supply
