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Cryptocurrency News Articles
HBAR Price Prediction: Will Hedera (HBAR) Resume Its Uptrend?
Mar 18, 2025 at 11:06 pm
The price of Hedera (HBAR) declined from $0.38 to $0.18 between Jan. 17 and Feb. 27. Shortly after this correction, the price broke out of the decline, showing signs of a sustained uptrend.
The price of Hedera (HBAR) dropped from $0.38 to $0.18 between January 17 and February 27. After this correction, the price broke out of the decline, showing signs of a sustained uptrend.
However, the uptick was a fakeout, and the token’s value is back at $0.18 as of this writing.
Will HBAR resume its uptrend? This is the question on many market participants’ minds. In this analysis, CCN examines key indicators to determine the cryptocurrency’s price potential.
HBAR Fails to Sustain Uptick
On the daily chart, HBAR’s price reached $0.27 on Monday, March 3. This happened as the price bounced off the descending trendline, as shown below
However, the token encountered resistance as it attempted to rise toward $0.30, forcing a pullback to $0.18. Due to the decline, HBAR’s price is now forming another descending triangle, which is a bearish pattern.
As of this writing, the token is still largely trading within the upper trendline of the bearish pattern. If this trend continues, it could be difficult for the token’s value to recover a significant portion of its 37% yearly correction.
Furthermore, the Awesome Oscillator (AO), which measures momentum using historical and recent price movement, is in the negative region. The AO reading on the chart above shows that the momentum around HBAR is bearish.
A failure of the AO to break above the zero line might keep HBAR below $0.27.
Analysts Share Their Thoughts
Beyond the technical setup, some analysts have a bearish outlook on HBAR’s short-term prospects.
Experts at B2BINPAY, a leading European crypto platform for businesses, suggest that the token may remain range-bound around $0.18.
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In an exclusive conversation with CCN, the analysts noted that the only potential catalyst for a breakout could be the launch of a Hedera exchange-traded fund (ETF).
“As for the short-term coin’s performance, these days, HBAR demonstrates an obvious downtrend. It appeared after the recent ATH was hit in January 2025.
Now, during the whole month starting from the end of February, the coin is in its consolidation phase, gets closer to the ‘psychological’ $0.18 level, and pulls back, which indicates market participants’ uncertainty,” The B2BINPAY analysis team shared their thoughts.
HBAR Price to Remains Stuck
Meanwhile, we’ll be taking a closer look at HBAR’s price action on the daily chart. The chart below shows that the cryptocurrency’s value has dropped below the 20-period Exponential Moving Average.
The 20 EMA (blue) has historically been a key support. When the price is above it, the uptrend is likely to continue. But when the price drops below it, the asset experiences a correction.
Considering the EMA’s position on the HBAR/USD daily chart, the cryptocurrency’s value might be at risk of dropping to $0.13.
On the other hand, this trend could change if HBAR’s price manages to pull through the 20 EMA. In that case, the value might rebound to $0.26.
However, in a highly bullish scenario, the token could rise as high as $0.32.
Additionally, the analysts at B2BINPAY noted that a potential HBAR ETF approval could also switch the trend from bearish to bullish.
“If, in the end, the Hedera Trust will be listed, then investors may anticipate the price will hit $0.5 level by the end of the year,” The team added.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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