Hedera (HBAR) Price Prediction: Analyst Says $2 Is Unlikely Unless This Happens

Crypto analyst C-Zar Gets Crypto, who has over 39,000 YouTube subscribers, shared a detailed breakdown of Hedera price chart. In the video, he walked through the key levels HBAR needs to hold and break to stay on track for a big move. While he’s bullish on the long-term potential, he made it clear that a $2 price tag might be too optimistic unless a few specific things line up.

At the time of the video, HBAR was trading around $0.169. According to C-Zar, price action on the daily chart shows HBAR trying to bounce off the oversold RSI zone. That’s usually a decent signal, but not enough by itself to confirm a full reversal. He explained that if the daily candle closes green, it would show rejection of the oversold zone, a small but positive step. Still, it doesn’t mean HBAR is out of the woods just yet.

Hedera Key Resistance Stands in the Way

C-Zar pointed to the $0.183 to $0.188 range as the next major hurdle. If HBAR price can’t break through that area, he expects the it to fall back toward the $0.15 to $0.157 zone, where previous support and resistance levels are stacked. According to his analysis, this drop wouldn’t be too concerning, in fact, it could reset momentum for a stronger rally later on.

He also discussed how a real move higher would need more convincing momentum. Getting above $0.188 would start to validate a low, and anything above $0.19 could set the stage for a bigger breakout.

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Bull Flags, Bitcoin, and HBAR Price Long-Term Targets

Looking at both HBAR USD and BTC pairs, C-Zar mapped out bull flag patterns that suggest a breakout target somewhere between $1.20 and $1.80. That upper range, $1.80, matches the 1.414 Fibonacci level, a common place for price to peak before retracing.

He went a step further and calculated how HBAR price might change depending on where Bitcoin tops out. If BTC hits $160K or higher during its next bull run, and if HBAR follows at the same time, there’s a chance HBAR could stretch toward $2. But as he put it, that would require near-perfect timing, something that rarely happens in crypto.

By the end of the video, C-Zar summed up the situation clearly: HBAR price is likely to see a solid move, maybe even a 7x from current levels, but expecting a clean ride to $2 might be a stretch. Unless HBAR breaks past key resistance and syncs up perfectly with Bitcoin’s rally, the more realistic target sits between $1.21 and $1.80.

Still, the structure is forming, and the chart isn’t far off from flipping bullish. For now, all eyes are on whether HBAR can hold above $0.15 and finally push through that $0.188 level.

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Boluwatife Afe
Boluwatife Afe

Boluwatife is a dedicated content strategist specializing in the crypto industry and is passionate about blockchain technology and digital currencies. With a keen eye for emerging trends and a talent for making complex topics accessible, Boluwatife aims to educate and inspire the crypto community through engaging and insightful content.

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