Hyperliquid’s native token (HYPE) currently trades around $55.50, marking a 22% monthly decline. Multiple analysts forecast further downside: Ali Martinez predicts a drop to $50, Altcoin Sherpa sees a decline to the low $50s or high $40s, while trader Ryker goes as far as projecting a crash to $32. Conversely, the RSI has fallen below 30, indicating oversold conditions, and some analysts like Gerla and Martinez anticipate a potential recovery to $64 or $75 if the $53 support level holds.
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