Market Cap: $2.7148T -1.530%
Volume(24h): $51.731B -9.920%
  • Market Cap: $2.7148T -1.530%
  • Volume(24h): $51.731B -9.920%
  • Fear & Greed Index:
  • Market Cap: $2.7148T -1.530%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$83925.137539 USD

-0.01%

ethereum
ethereum

$1909.579249 USD

-0.77%

tether
tether

$1.000225 USD

0.01%

xrp
xrp

$2.347363 USD

-2.44%

bnb
bnb

$601.851798 USD

0.82%

solana
solana

$133.471308 USD

0.18%

usd-coin
usd-coin

$0.999959 USD

-0.01%

cardano
cardano

$0.728600 USD

-1.60%

dogecoin
dogecoin

$0.172143 USD

-0.92%

tron
tron

$0.217830 USD

-1.39%

pi
pi

$1.490959 USD

2.73%

chainlink
chainlink

$13.966130 USD

0.50%

unus-sed-leo
unus-sed-leo

$9.822138 USD

2.30%

toncoin
toncoin

$3.414400 USD

16.50%

stellar
stellar

$0.269982 USD

-1.46%

Cryptocurrency News Articles

This Trader Makes a Shocking Hedera (HBAR) Price Prediction – Top Crypto to Buy?

Mar 15, 2025 at 05:00 pm

The Hedera price did fairly well during the recent market crashes. HBAR dipped around 50% from its local high at $0.375 that was set in January.

This Trader Makes a Shocking Hedera (HBAR) Price Prediction – Top Crypto to Buy?

The Hedera price (CRYPTO: HBAR) has done relatively well during the recent market crashes. HBAR is currently down around 50% from its local high of $0.375 that was set in January.

Most other altcoins are down way more than 50% so HBAR might be performing reasonably well in comparison, but what's next?

Well, one trader thinks that HBAR could continue to rally massively from here and reach the $5 price level.

HBAR Chart Analysis

The HBAR chart highlights a strong resistance zone around the $0.26 – $0.30 range, which has acted as a point of contention and a distribution area where price faced rejection multiple times.

Similar resistance patterns were seen in early 2021 and mid-2021 with both leading to big downward corrections.

The HBAR price is currently trading at $0.195, struggling to break into the resistance zone despite a decent rally.

If HBAR can manage to break through and hold above the $0.26-$0.30 resistance, it could follow Bitcoin's past pattern and enter price discovery mode. A decisive weekly candle close above resistance would be a bullish confirmation signal for traders. However, with the current low volumes on the market, this doesn't seem likely.

$HBAR chart giving me #Bitcoin pre-$70K breakout vibes!!Send it #Hedera🤝$5

The RSI indicator appears to be nearing overbought levels, suggesting that a correction or consolidation may be needed before a potential breakout. There was a noticeable increase in trading volume as price approached resistance, and the 50-week moving average (shown by the green line) is trending upwards, supporting the overall bullish momentum.

If a rejection occurs at the resistance zone, key support levels to watch would be the $0.15 – $0.16 range, which served as a previous consolidation area, and the $0.12 – $0.14 zone, which has historically been a strong demand area.

(Un)Realistic HBAR Price Prediction

The tweet suggests that HBAR's current price action resembles Bitcoin's breakout past $70K. Before Bitcoin's massive move, it faced multiple rejections at the $60K-$70K resistance. Once it finally flipped this area to support, it entered price discovery mode and reached new highs.

HBAR appears to be at a similar stage, attempting to break above a key multi-year resistance level. If HBAR follows Bitcoin's structure, we might see a breakout above $0.30, followed by a retest of the resistance as support, potentially leading to an exponential price surge toward new highs.

The tweet includes "$5" as a target, which seems extremely bullish. If the Hedera price were to reach $5, that would represent a 2,500% increase from its current price of $0.195. Such a move would likely require significant adoption of Hedera's network, strong overall conditions in the altcoin market, and a major parabolic bull run similar to those seen in previous market cycles.

If you are looking for early-stage cryptos, then Solaxy could be the answer. Solaxy's token SOLX is currently one of the hottest presales in the crypto market, having raised over $26.3 million so far. If you’re looking for a potentially undervalued crypto, this project might be worth researching. The token is priced at just $0.001664, with increases scheduled every 48 hours before its launch in the coming weeks.

Solaxy works as a Layer 2 solution designed to solve Solana's network congestion problems. It handles transactions on a secondary chain, making everything faster and cheaper for users.

The post This Trader Makes a Shocking Hedera (HBAR) Price Prediction - Top Crypto to Buy? appeared first on .

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!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Mar 17, 2025