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Cryptocurrency News Articles
Can HBAR Skyrocket to $5 by 2025? Hedera Price Prediction
Dec 12, 2024 at 06:45 am
Hedera (HBAR) is getting more popular in the crypto world. YouTube analyst Cheeky Crypto, with more than 165000 subscribers, made a video about where he thinks HBAR's price is headed.
A popular YouTube crypto analyst has shared his看法 on the future price of Hedera (HBAR), discussing potential price changes and key periods to watch, particularly in 2025, as the token aims for a strong takeoff.
Cheeky Crypto, a crypto analyst with over 165,000 subscribers on YouTube, has shared his analysis on where he believes the price of HBAR is headed. The analyst discusses when to expect major price movements, especially in 2025, as HBAR is expected to explode onto the scene.
According to Cheeky Crypto, Q1 2025 could be a period of significant growth for Hedera Hashgraph. Based on historical data and technical analysis, HBAR’s price may encounter resistance levels ranging from $0.42 to $0.83 during this period. This projection is derived by analyzing past token price movements and broader market trends.
The analyst also highlights March 2025 as a potential turning point, where profit-taking activities may briefly cool the market. While such movements could indicate the end of an initial aggressive push, analysts believe this pause may not persist for long, setting the stage for further market activity later in the year.
Resurgence in Q3 and Q4 2025
Moving beyond the initial surge, Q3 and Q4 2025 are identified as crucial periods for HBAR’s price. Historical patterns suggest the potential for a second peak, which often slightly exceeds the first. However, these subsequent peaks may not reach dramatically higher levels compared to earlier highs, as observed in past cycles.
During this time, the market is expected to experience strong price movements, which could capture the attention of investors. Though the exact price points of the second peak remain speculative, these periods are projected to play a significant role in HBAR’s price trajectory as it potentially approaches the widely discussed $5 target.
Read Also: Top Analyst Insists $500 Remains Target for Internet Computer (ICP) Despite Sluggish Price Action
Long-Term Outlook for Hedera Price
The analysis also highlights the potential for double peaks in the market, where the first peak precedes the all-time high. These patterns align with historical market behaviors and offer insights into how HBAR could perform in a rapidly evolving market. Analysts advise paying close attention to these movements to time market entries and exits more effectively.
While projections for HBAR’s future are subject to change, this data-driven analysis provides a roadmap for investors as they navigate the token’s potential growth in the coming years.
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