Hyperliquid (HYPE) To Surge Further? Key Harmonic Pattern Signals Potential Upside Move

Date: Thu, Oct 23, 2025 | 08:30 AM GMT The cryptocurrency market is showing signs of upside momentum today as both Bitcoin (BTC) and Ethereum (ETH) are up by over 1%, setting a positive tone for major altcoins — including Hyperliquid (HYPE). The $HYPE token has jumped 11% in the past 24 hours, and its chart structure suggests this rally might not be over yet. A developing harmonic pattern on the chart — often associated with potential continuation moves — indicates that HYPE could still see more upside in the short term.

Source: Coinmarketcap Harmonic Pattern Hints at Potential Upside As seen on the 4-hour chart, HYPE is currently forming what appears to be a Bearish Gartley harmonic pattern. Despite its bearish name, this pattern typically includes a bullish leg before completion, suggesting a possible short-term rally before any major reversal. The structure began at point X ($43.645), followed by a decline to point A, a rebound to B, and a correction down to C ($34.493). Since then, HYPE has recovered sharply, now trading around $38.88, showing renewed strength above the 50-hour moving average (MA) at $37.07— a key sign of short-term bullish momentum.

Hyperliquid (HYPE) 4H Chart/Coinsprobe (Source: Tradingview) The next hurdle for bulls sits near the 100-hour MA around $39.56, which has acted as a resistance zone in previous attempts. A clear break above this level could confirm the continuation phase of the pattern. What’s Next for HYPE? If buyers manage to push HYPE above its 100-hour MA, the token could rally further toward the Potential Reversal Zone (PRZ) between $41.43 and $43.64. These Fibonacci-based targets mark the completion area of the Gartley pattern — and from current levels, that would translate to an upside of around 12–14%. On the downside, the 50-hour MA near $37.07 now serves as crucial short-term support. Holding this zone would keep the bullish bias intact. Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.