HomeCoinsCan Hedera (HBAR) Price Reach $0.50?

Can Hedera (HBAR) Price Reach $0.50?

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Key Insights :

  • HBAR price was looking strong and perfectly respecting the levels as of press time.
  • HBAR’s price bullish breakout could be confirmed by a $0.20145 close above the neckline.
  • HBAR derivatives market showed varying participation across platforms on open interest, volume and trade count.

Hedera Hashgraph (HBAR) price could be poised for a bounce just like many other altcoins have been recently following a potential rebound from the bear market.

HBAR Price Analysis

An analysis of the HBAR price chart showed that the altcoin managed to secure an important support range on the level of $0.165.

This established a trustful foundation which was confirmed by the response to this level recorded between the orange circle.

The momentum built as the price reversed, vaulting the former range and towards the $0.23 resistance.

If HBAR price decisively breaks through the red resistance band, then the next major price target could be $0.29, which was an advance of 56.17% from $0.207.

If buying remained above $0.29, it may set up the backdrop for HBAR to get near and challenge its peak at $0.37671.

HBAR price chart
HBAR price chart | Source: TradingView

If bulls managed to break through that resistance, primary target may become the 1.618 Fibonacci expansion at $0.57233.

If sentiment about risk persists, then HBAR may experience a robust rally. If HBAR falls below $0.207, there could be a chance that the price may bounce back to the green demand range i.e $0.165-$0.18 zone.

If this level falls through the price, it may usher in a journey back to the larger green support at $0.13.

Overall, HBAR’s adherence to the major technical zones guaranteed that the breakout configuration is respected unless infiltrated below $0.165.

Market players will have to watch the momentum of the shift towards higher goals being achieved.

HBAR Price Targets

Looking at the charts, the bullish breakout could be confirmed by the $0.20145 closing of HBAR above the neckline.

With the break above the neckline, the decisive price goals could be established at $0.28901 and $0.34718, as per the estimated measure of the potential move.

The targets were former consolidation areas and key levels of resistance.

HBAR price chart
HBAR price chart | Source: TradingView

Provided that the buying pressure continued to grow and trading volumes remained stable, these objectives were probably going to be achieved soon.

However, if HBAR fails to retain the area above the neckline. It could recover to the supports around the $0.14500–$0.14000 zones.

Further advance targets were at $0.4144 7 and $0.49788, which were possible 2x and 2.5x, depending on continuing bullish conditions.

HBAR Open Interest, Volume and Futures Trade Count

Worth noting, the HBAR derivatives market showed varying participation across platforms.

Bitget led futures open interest with $140.05 Million, followed by Binance at $49.73 Million and Bybit with $41.03 Million. Suggesting Bitget was where larger positions were currently concentrated.

In volume, Binance topped at $128.71 Million, with Bybit and MEXC trailing at $53.68 Million and $41.83 Milion. Respectively—indicating strong trading activity on major platforms.

However, BingX dominated trade count with 1.12M futures contracts. Surpassing Binance’s 674.69K, implying smaller retail trades dominate BingX while Binance may host higher-value positions.

HBAR price data
HBAR price data | Source: CoinGlass

This divergence suggested a split between institutional-style positions (Bitget, Binance) and higher-frequency retail participation (BingX).

The heavy open interest at Bitget might indicate leveraged positions that could amplify volatility. If prices remain stable, this could support bullish momentum.

However, rapid liquidations were possible if HBAR dropped, especially given the leverage implied.

A sustained uptrend would require increasing volume and consistent trade count across top platforms. While any shift in open interest could signal changing sentiment.

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Maria Fernandes
Maria brings readers the latest gossip, movie reviews, celebrity interviews, and trends from Hollywood and Bollywood. She has a sharp eye for what’s trending in entertainment.

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