After weeks of steady gains, traders are watching the hyperliquid price closely as HYPE forces its way through a critical resistance band on rising momentum. The Hyperliquid (HYPE) market has extended its uptrend that began at the start of the year, repeatedly testing higher levels and absorbing selling pressure. Over the past 24 hours, the token's price advanced 6.39%, lifting weekly gains to 18.62% and driving a clean move above the $40 threshold.