Can Hyperliquid (HYPE) Reach $100? XRP's Key Support Reached, Solana (SOL) Holds $100 Hostage: Crypto Market Review

The market is on its next stage post-recovery as the majority of investors are witnessing a mini-correction before continuation.

Arman Shirinyan · 1 Sep 2026 · 8 min read

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Can Hyperliquid (HYPE) Reach $100? XRP’s Key Support Reached, Solana (SOL) Holds $100 Hostage: Crypto Market Review

Crypto Market Review

By
Arman Shirinyan

Tue, 1/09/2026 – 0:01

The market is on its next stage post-recovery as the majority of investors are witnessing a mini-correction before continuation.

Can Hyperliquid (HYPE) Reach $100? XRP's Key Support Reached, Solana (SOL) Holds $100 Hostage: Crypto Market Review

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Hyperliquid’s temporary pause
XRP reaches key levels
Solana isn’t giving up

After one of its strongest rallies in recent months, Hyperliquid is getting close to the psychological $100 target; however, the most recent technical structure indicates that another large wave of buying pressure will be necessary to reach triple digits. After momentarily reaching about $87, HYPE is currently trading at about $80.83.

Hyperliquid’s temporary pause

The asset traded below $60 in mid-August before quickly rising more than 40% and setting a new local high, indicating the size of the move. The moving averages are the first point in the bullish argument. On the daily chart, HYPE trades comfortably above each of the major trend indicators.

The 50-day and 100-day moving averages are at roughly $63.21 and $61.97, respectively, while the 20-day EMA has accelerated to about $71.67. At $54.66, the 200-day moving average is much lower. This structure demonstrates that HYPE is not opposing a more general bearish trend.

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Can Hyperliquid (HYPE) Reach $100? XRP’s Key Support Reached, Solana (SOL) Holds $100 Hostage: Crypto Market Review

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Rather, the main question is whether momentum can support an additional 24 percent increase from current prices to $100. The $85–$87 area is the first barrier. Selling pressure has already been applied to HYPE there, resulting in multiple upper wicks and delaying the most recent breakout.

XRP reaches key levels

After giving back a significant amount of its August breakout gains, XRP has reached one of the most significant technical levels on its daily chart. The price is currently directly testing the 200-day moving average.

The 200-day moving average is close to $1.35, and XRP is currently trading at about $1.37. Because of how small the difference is, the market is already effectively testing this long-term support. This level is significant because XRP only recently recovered the 200-day average during its dramatic surge from roughly $1.00.

Before profit-taking took over and forced the asset back toward its breakout zone, the breakout drove XRP as high as $1.70. The bullish reversal structure would be strengthened if $1.35 were successfully defended.

XRP would indicate that the 200-day moving average may have flipped into support rather than plunging back under long-term resistance right away. There is already some indication of buying in this area in the current candle. XRP fell to $1.34 for a short while before rising above $1.36.

Solana isn’t giving up

Following its spectacular August breakout, Solana is refusing to give up the $100 level, with buyers consistently intervening whenever SOL gets close to the psychological threshold. According to the most recent structure, $100 has swiftly changed from being an upside target to the most significant short-term support for the market.

After hitting about $110 during the most recent rally, SOL is currently trading at about $102.70. Solana gained about 45% in less than two weeks before momentum began to slow down. The move started at about $75. Sellers have yet to generate a daily breakdown below $100, despite the correction from $110.

The most recent session saw SOL rise above $102 after hitting an intraday low of about $100.90. This defense is important because there is not much technical structure just below $100. At roughly $90, the strongest dynamic support cluster is still significantly lower. The 200-day moving average is currently close to $90.28, while the 20-day EMA has risen quickly to about $90.80.