Analyst Warns Investors Are Watching Wrong HBAR Price Levels, Reveals Where 1,600% Rally Could Start

Hedera remains trapped inside a difficult correction, and the most important HBAR price level may still be below its current position. Crypto analyst Crypto Patel believes many investors are focused on the wrong area as they search for a possible bottom.

HBAR currently trades near $0.07 after spending much of 2026 under pressure. The token has moved between a yearly low near $0.065 and a spring peak around $0.11. Crypto Patel expects lower levels to provide the clearest clues about whether Hedera can begin another large market cycle.

His analysis identifies a historical demand zone where previous HBAR price recoveries began. However, reaching that zone would not automatically confirm a reversal. Buyers would still need to reclaim several technical levels before targets between $0.50 and $1 become realistic.

HBAR Price Remains Under Pressure Near a Major Support Area

Hedera has followed a descending channel across several months. The wider structure still contains lower highs and lower lows, which means sellers continue to control the larger trend.

Crypto Patel traced the correction from HBAR’s December 2024 peak near $0.40. The token has lost about 84% since that macro high and currently trades near $0.0673.

That decline has brought Hedera closer to an important higher timeframe demand area between $0.058 and $0.042. Crypto Patel considers this range more important than the current HBAR price because earlier market expansions began from similar bases.

His historical comparison includes 3 notable advances:

  • Hedera recorded an expansion of about 1,800% after its major base between 2020 and 2021.
  • Another reaccumulation period preceded an advance of approximately 800% between 2023 and 2024.
  • A previous technical structure also produced potential upside of around 1,600%.

Those past results do not guarantee another comparable rally. They explain why Crypto Patel considers the $0.058 to $0.042 region central to the next HBAR price setup.

A Weekly Reclaim Could Provide the First Strong Reversal Confirmation

Crypto Patel outlined 2 possible scenarios for Hedera. The first requires HBAR to fall below $0.04352 briefly before recovering that level on the weekly timeframe.

A weekly reclaim followed by a clear change in market structure would offer the first strong confirmation of a macro reversal. HBAR would then need to break its higher timeframe descending trendline and establish support above $0.11.

@CryptoPatel / X

Such a development could open a path toward several bull cycle targets:

  • Initial recovery levels include $0.10 and $0.30.
  • Larger targets appear near $0.50 and $0.70.
  • The final target from this setup reaches $1.

HBAR reaching $1 from the demand zone would represent an advance above 1,600% near the lower part of the range. However, Crypto Patel does not support chasing the token at its current price because bearish conditions remain active.

The second scenario involves a deeper technical failure. Weekly acceptance below $0.04352 would weaken the accumulation case. A weekly close below $0.03563 would invalidate the entire setup and leave HBAR exposed to further losses.

ETF Disappointment Has Added Pressure to Hedera Price Performance

Recent institutional news has produced mixed results for Hedera. Grayscale Investments withdrew its SEC registration for a spot Hedera ETF on August 7, 2026. HBAR market activity weakened afterward, and the On Balance Volume indicator continued to decline.

The withdrawal removed a potential institutional catalyst during an already difficult period for HBAR price performance. Regulatory developments have also limited several brief recovery attempts throughout 2026.

Hedera has still recorded progress across enterprise adoption and tokenized assets. The network expanded its Governing Council to 31 corporate members during 2026. FedEx joined during February to examine digital supply chain infrastructure, and McLaren Racing became a member during March.

Hedera’s real world asset ecosystem has also processed more than $10 billion in regulated settlement volume. Platforms such as Archax and RedSwan contributed to that onchain activity.

Read Also: Crypto Influencer Makes a Massive Dogecoin Price Prediction, But Here’s the Catch

Hedera Fundamentals Remain Stronger Than Its Current Price Structure

Hedera’s enterprise partnerships, tokenization projects, real world assets, and artificial intelligence infrastructure provide a stronger fundamental picture than the HBAR chart currently presents.

Crypto Patel still considers sustainable HBAR demand and value capture essential questions for the network. Corporate adoption can support Hedera’s development, although that progress must eventually create consistent demand for HBAR.

The next major test appears between $0.058 and $0.042. A strong weekly recovery from that zone could revive the historical expansion case, whereas a close below $0.03563 would cancel it.

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Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.

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