Key Insights:
- HBAR price has finally broken out of the prolonged descending trendline and is now poised for 22% rally.
- Experts making bold prediction that HBAR price has potential to soar from $0.16 to $10 in the coming days.
After a prolonged downtrend since May 2025, HBAR’s price is now showing signs of a bullish breakout. As Bitcoin (BTC) and other cryptocurrencies shows a sign of recovery, HBAR has begun to shift from its bearish trend, suggesting a potential for significant upside.
Current Price Momentum
At press time, HBAR was trading near $0.1793 and had recorded an impressive price surge of over 4.5% in the past 24 hours. During the same period, investors and traders showed strong interest in the asset, resulting in a 35% surge in trading volume.
The rising trading volume, along with the price surge, suggests strong upside momentum in the asset and could indicate the beginning of a sustained bullish rally, potentially leading to a breakout above key resistance levels in the coming sessions.
HBAR Price Predictions by Experts
However, given the current sentiment, experts have been making bold predictions on X (formerly Twitter). Some believe the asset could soar from $0.16 to $10 in the coming days, while others are offering more realistic forecasts, suggesting that HBAR is ready to reach the $0.38 level.
One analyst noted, “The chart has retested the green line from above and could now already be in wave (3) to the upside. The ideal target is the $0.189 price level.”
Hedera (HBAR) Price Action and Technical Analysis
Besides these predictions for HBAR’s price, technical analysis from Crypto Time Now suggests that the asset is bullish and poised for a massive upside rally.
According to the four-hour time frame, HBAR has successfully broken out of a prolonged descending channel pattern and has also closed a daily candle above it.
HBAR Price Forecast
Based on recent price action, if HBAR maintains its position above the $0.175 level, there is a strong possibility it could soar by 22% and reach the $0.224 level in the near future.
On the other hand, if this upward momentum fades and HBAR falls below the $0.17 level, the asset could experience a notable price decline.
At press time, following the breakout of descending trendline, the asset is facing a resistance from the 200 Exponential Moving Average (EMA). Which seems to be main reason for HBAR’s hurdle.
The 200 EMA is a technical indicator which is used to determine asset trend, based on where it move whether moving above the asset’s price or below it. If the 200 EMA trading above the price it means that asset is in a downtrend else in an uptrend.
$2.43 Million Worth of HBAR Outflows
Looking at the current market sentiment, it appears that investors and long-term holders have been accumulating tokens, as revealed by the on-chain analytics firm Coinglass.
Data from spot inflow/outflow reveals that exchanges across the crypto landscape have recorded an outflow of $2.43 million worth of HBAR tokens over the past week. This substantial outflow from exchanges suggests potential accumulation, which could create buying pressure and further upside momentum.
When combining these metrics with HBAR’s price action and expert opinions, it appears that the bulls are in control and the asset is on the verge of a rally. However, it is currently facing mild resistance from the 200 EMA on the four-hour time frame.