Hedera has been on a curious ride in recent weeks. After a strong rally earlier in the summer, HBAR price has been caught in a tighter pattern. Support has been holding firm around $0.228, but each bounce is meeting resistance at lower levels.
This squeeze is making the chart slimmer, suggesting that a breakout is close. The big question is whether September will bring an upward push or a dip below support.
Since mid-July, Hedera price has been building pressure between that $0.228 support zone and a descending trendline of lower highs. The setup is clear: a triangle that can’t hold forever. A move above the line could set HBAR on track toward the July high near $0.30.
If momentum carries through, the January high around $0.40 could be back on the table. On the other hand, if support finally breaks, the next stop could be around $0.196, which was an earlier key level. September is shaping up to decide the direction.
What you'll learn 👉
The Technology and Market Context Behind HBAR
Hedera is not a regular blockchain. It runs on a hashgraph structure that allows faster transactions and lower fees compared to many networks. This technology is one of the reasons HBAR continues to attract attention.
It gives the project a real chance to stand out in the crowded crypto space. Think of it like a new highway being built alongside a congested old road. If adoption grows, more traffic will naturally shift in Hedera’s direction, and that often reflects in price.
Technical Indicators on the Weekly Chart
Here’s what the weekly chart indicators from Investing.com are showing:
| Indicator | Explanation | Action |
|---|---|---|
| RSI (14) | Reading at 57 suggests HBAR is in a healthy zone, leaning toward strength. | Buy |
| Stochastic (9,6) | At 73, it shows bullish momentum is still active but approaching overbought. | Buy |
| MACD (12,26) | Positive value of 0.02 signals that the short-term trend is stronger than the long-term. | Buy |
| ADX (14) | At 35, it shows a solid trend forming, with growing strength behind the move. | Buy |
| Ultimate Oscillator | At 56, it indicates steady upward pressure without being overheated. | Buy |
What These Indicators Suggest for Hedera Price
The mix of signals is leaning bullish. RSI and Stochastic point to steady momentum without clear danger of exhaustion. The MACD confirms that short-term energy is stronger than longer-term averages. ADX above 30 tells us the trend is real and not just noise.
The Ultimate Oscillator echoes that buying strength is present but not extreme. All together, these readings suggest HBAR has room to move higher if it breaks resistance.
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Hedera price is sitting at a crossroads. A breakout above the descending line could target $0.30 again, and from there, $0.40 becomes the next logical step.
A breakdown would bring $0.196 into focus. Indicators lean toward the bullish side, but the pattern is tight and pressure is building. September looks like the month where HBAR chooses its next chapter. The only question left is which side of the line it will pick.
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