Hedera (HBAR) Down 82% From Its Peak Despite Google and IBM Backing – What’s Missing?

The HBAR price is down 82% from its all time high. That is the headline. But here is what the same people ignoring HBAR are missing. SEC and CFTC classified it as a commodity. A Canary spot ETF pulled in $96 million already, with 15 more ETFs pending approval. The network is governed by Google, IBM, Boeing, and FedEx. 

The HBAR price is trading near $0.09. Crypto Patel says this is not a moonshot. It is a mispricing. His accumulation zone is $0.05 to $0.08. His target is $1. Invalidation is $0.035. The HBAR price is down, but the foundation underneath is one of the strongest in crypto.

The HBAR Weekly Chart Says Accumulate, Not Panic

We had a look at the HBAR weekly chart from Crypto Patel. The structure is massive. The HBAR price is trading at $0.090, up 3.18% on the week on volume of 157.89 million. 

The chart shows a major support zone near $0.05 to $0.08, which is Patel’s accumulation zone. The HBAR price is right above that zone. Below that, a strong support order block sits near $0.035 to $0.04. That is the invalidation level. If the HBAR price breaks below $0.035, the setup fails.

Source: X/@cryptopatel

The upside targets on the weekly chart are significant. The first target is near $0.30 to $0.35. Then $0.50–$0.60. Then $0.90–$1.00. Patel’s $1 target is clearly marked. The chart also shows a bearish divergence at the previous top, which is why the HBAR price dropped. That divergence has now played out, and the HBAR price is building a new base.

What the HBAR Daily Chart Shows

The daily chart from Lucky adds more detail. The HBAR price is trading at $0.09065, down 0.17% on the session. The chart shows a bullish breakout structure forming. A demand zone is marked near the current level. A bearish breakout line is above, and a bullish breakout line is also above. 

Source: X/@LLuciano_BTC

The HBAR price is compressed between support and resistance. The chart also shows a high of $0.30500 and a low of $0.30000 from a previous move. That area is a long term resistance zone.

The daily chart structure indicates the HBAR price is in a consolidation phase. The breakout could go either way. The bullish case is a break above the descending resistance line, which would target $0.15 to $0.20 first, then the $0.30 zone. The bearish case is a breakdown below the support zone, which would send the HBAR price back toward $0.05 to $0.06.

Read Also: Solana (SOL) vs. SUI: The Safe Giant or the 10x Underdog – Which One Wins This Cycle?

Everything HBAR Has Going for It

Everyone is hunting the next 100x meme coin. Patel says look at HBAR instead. The regulatory clarity is already there. The ETF inflow is real. The governing council includes some of the largest corporations in the world. 

The HBAR price is down 82% from its peak. That is the discount. The accumulation zone is $0.05 to $0.08. The target is $1. That is a 10x to 20x move from the accumulation zone. 

Lucky notes that in crypto, projects survive because of their communities. HBAR has one of the strongest and most engaged communities in the space. That is not nothing. That is fuel.

Where the HBAR Price Goes From Here

The HBAR accumulation zone is $0.05 to $0.08. The target is $1. The invalidation is $0.035. The weekly chart shows a clean structure with major support below. The daily chart shows a consolidation that could break either way. The regulatory and ETF news is bullish. 

The governing council is world class. The HBAR price is the only thing that has not caught up. Patel says it is mispricing. That means the market is wrong. The HBAR price is the only thing left to prove him right. The accumulation zone is the opportunity. 

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Funbi Afe
Funbi Afe

Funbi Afe is content strategist with a strong background in technical writing, cryptocurrency, journalism, and copy editing. Passionate about simplifying complex topics, Funbi crafts clear, engaging content that informs and inspires diverse audiences. With expertise spanning blockchain technology, SEO strategy, and market analysis, Funbi is dedicated to helping brands and communities deliver impactful, polished messaging in the fast-evolving digital space.

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