Altcoins have been showing patterns that they are getting to pump and HBAR is choosing not to be left out of the party. A rally may be unfolding for Hedera (HBAR), according to a chart shared by analyst Clifton Fx (@clifton_ideas). The analyst posted a technical analysis on TradingView showing that HBAR has finally broken above a descending trendline on the daily timeframe.
This trendline has acted as resistance since early 2025, but now that it has been flipped, the analyst says a “massive bullish rally” could be next.
The chart clearly shows a clean breakout. For months, HBAR price has struggled to break out of the downtrend that started after its rally in late 2024. Each attempt was rejected until now. The breakout candle closed solidly above the trendline around the $0.17 zone, confirming the move. At the time of the post, HBAR was trading just below $0.18.
Clifton Fx marked a bullish target zone that stretches all the way to around $0.31. If HBAR price hits that level, it would represent an 81% increase from the breakout zone. But the chart also shows that a full move back to the top of the wider channel around $0.40 could bring a 122% gain from current levels. That’s more than 2x from where HBAR is trading now.
Momentum Is Building for HBAR Price
Breakouts from long-term descending trendlines can often lead to strong price rallies, especially when backed by volume and market support. With Bitcoin also showing signs of strength, altcoins like Hedera are starting to benefit from the broader recovery.
If momentum continues and HBAR holds above this breakout level, it could trigger a wave of buyers looking to catch the next big altcoin run. As Clifton Fx put it, the breakout has been confirmed and the bullish rally could already be starting.
What to Watch Next for Hedera Price
Traders and investors watching HBAR should keep an eye on how the price behaves over the next few daily candles. A retest of the trendline is possible, and holding that level as support would further strengthen the breakout case. On the upside, the next key levels are around $0.25, then $0.31, and potentially $0.40 if the full projection plays out.
Read Also: Dogwifhat (WIF) Price Flips Bullish: This Chart Shows There’s a “Long Way to Go”
Hedera’s fundamentals continue to support long-term growth, but right now, the technicals are pointing to a strong short-term rally. As always, market conditions can change, but this breakout could be the spark that puts HBAR back on track for major gains.
Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.
