Hyperliquid price eyes $97 as HYPE holds above $80

Hyperliquid price rose to a record high above $83 after a sharp weekly rally, with strong momentum and positive capital flows supporting the move. However, an overbought daily reading and dense liquidation clusters on both sides of the market could produce wider price swings. Summary Hyperliquid price reached a record high near $83.27 before easing toward $80.50. Daily RSI rose to 74.91, placing the token in overbought territory. The Supertrend supports the bullish 4-hour structure above $73.05. Liquidation clusters sit above $82 and below $80, raising short-term volatility risks. Hyperliquid price holds near its record high According to data from crypto.news, Hyperliquid (HYPE) price traded near $80.50 on Aug. 25 after reaching an all-time high of approximately $83.27 over the weekend. The token opened the seven-day period around $69.60, leaving it with a double-digit weekly gain even after traders took profits near the record. The rally accelerated on Aug. 19, when HYPE jumped from below $60 to around $70. Buyers extended the move over the following sessions, pushing the price through its previous June and July peaks near $75. HYPE briefly traded above $83 before retreating towar...