Will the price of Hyperliquid reach a new ATH in Q3 2025?

Hyperliquid (HYPE) has experienced significant volatility recently, with the potential to reach ATH possibly being delayed. However, the likelihood of HYPE establishing a new ATH remains very high in the coming months, especially as a positive growth momentum is forming in the market.

Hyperliquid is showing optimism

The relative strength index (RSI) of HYPE has shown a positive change, returning to the bullish territory after briefly slipping below the neutral threshold. The breach of the 50.0 mark is a positive signal for HYPE's price in the coming days.

When the RSI remains above 50.0, it indicates that the growth momentum is strengthening. Investors can expect the price of HYPE to continue rising as long as the RSI maintains this trend.

HYPE RSI | Source: TradingViewMACD is also showing promising signs. This indicator is on the verge of forming a bullish crossover, which will confirm a shift in momentum from bearish to bullish. The histogram related to MACD shows that the red bars are getting shorter, signaling that selling pressure is weakening. The formation of a bullish crossover will confirm the strength of momentum and drive HYPE towards new highs.

HYPE MACD | Source: TradingView## HYPE fluctuates around an important resistance level

HYPE is currently trading around $39.6, just below the resistance level of $39.9. Breaking above this level is crucial for HYPE to continue its upward trajectory. Successfully flipping the $39.9 level to support will signal further bullish potential and set the stage for this altcoin to reach higher price levels.

To continue its upward trend, HYPE will need to break through and maintain the $42.2 level as support. If successful, the next important target will be the ATH at $45.8, approximately 16.8% higher than the current price. However, this move may take longer, with investors possibly seeing it occur after Q3 begins next week.

HYPE Price Analysis | Source: TradingViewBoth $42.2 and $39.9 are significant resistance levels for HYPE. If this altcoin cannot break above $39.9 or faces selling pressure before reaching these levels, it may drop back to the support area of $35.7, invalidating the bullish outlook and potentially reversing the current trend.

Vincent