HYPE Price Prediction as 21Shares Files S-1 for Hyperliquid ETF—Can Bulls Push HYPE to $60?

Hype price has drawn significant attention following a strong rebound from October lows and renewed optimism in the altcoin market. The recent filing by 21Shares for a Hyperliquid spot ETF has further amplified investor curiosity across the broader crypto sector. However, the price remains confined within a key resistance zone that has historically triggered sharp rejections.

Cup And Handle Signals A 22% Hype Price Rally

The Hype price has displayed strong recovery after rebounding from around $33, showing renewed conviction among buyers after an extended market decline. This rebound helped establish a solid base that gradually shifted overall control from sellers to buyers. 

As accumulation strengthened, the structure evolved into a clear cup-and-handle formation, often viewed as a precursor to sustained bullish continuation. The neckline near $49, which was previously identified as a key resistance target, has remained the critical threshold between short-term hesitation and broader breakout potential. 

However, tightening consolidation now points to mounting buying pressure, suggesting that a clean breakout could follow once volume confirms. Maintaining a foothold above $45 remains vital to preserve the uptrend structure and validate the ongoing recovery phase. This level was previously identified as a key resistance target as Hype targeted $50

In this context, the Hype long-term price forecast remains bullish, with projections pointing toward a potential advance to $60 if momentum persists and broader sentiment continues to favor accumulation over distribution.

21Shares ETF Reinforce Institutional Confidence In Hype Price

The 21Shares S-1 filing for a Hyperliquid spot ETF on October 29 has reignited optimism surrounding Hype price, marking a pivotal step toward institutional integration. The move signals growing appetite among asset managers for regulated crypto exposure, bridging the gap between traditional markets and decentralized finance. 

Historically, similar filings have preceded increased market activity as investors anticipate broader participation once regulatory clarity strengthens. The ETF’s introduction could channel new inflows, enhance liquidity depth, and provide legitimacy that strengthens long-term investor confidence.

Meanwhile, Robinhood recently listed Hyperliquid for spot trading, further amplifying accessibility for U.S. clients. The addition complements the ETF narrative by expanding retail reach and liquidity in secondary markets. 

Collectively, these milestones reinforce confidence in Hype price and align institutional interest with rising retail demand, setting the stage for continued upward market participation.

Summary 

Hype price continues to exhibit strength in both structure and sentiment. The combination of a maturing cup-and-handle setup and the 21Shares ETF catalyst reinforces buyer confidence. Holding above $45 remains key for bulls to sustain upward control. Overall, the market setup supports an extension toward $60, establishing a solid path for continued growth.