Hedera (HBAR) Price Chart Flashes Same Breakout Signal as 2024 – What Could Trigger the Next Rally?

Hedera is starting to get people talking again, and for good reason. According to crypto analyst Steph Is Crypto, the HBAR price chart is flashing the same kind of setup we saw right before Hedera big breakout in late 2024. 

With momentum building and a fresh mainnet upgrade now complete, things might be lining up for another major move.

In two quick tweets, Steph Is Crypto shared his thoughts. First, he made a bold claim, that HBAR could “create many new millionaires in the next 4 to 5 weeks.” 

Then came the follow-up: Hedera’s upgrade to version 0.63 went live without any issues, and everything from staking to tokenomics is running smoothly. Put together, the technical setup and network news are fueling some serious buzz around what might come next.

HBAR Chart Analysis Shows Pattern Repetition

The accompanying 3-day Hedera chart from Binance shows a technical formation using a colored ribbon indicator, likely based on a Gaussian Channel. The chart highlights two identical structural zones, one from late 2024 and one forming now in July 2025.

In the 2024 section, HBAR price moved from below the red channel to above the green band before initiating a strong rally toward the $0.35 mark. 

The current pattern is similar: HBAR has again crossed from the bearish to bullish band, suggesting a comparable setup. The asset now trades in the $0.19–$0.24 range, approaching the upper band of the channel that acted as resistance during its previous run.

Image Source: X/StephIsCrypto

Hedera Key Price Zones and Support Areas

HBAR price appears to be testing resistance near the $0.24–$0.25 area. This level represents the upper boundary of the ribbon and may determine whether momentum continues upward. 

Support is strong near $0.14–$0.16, an area concurrent with recent higher lows and just beneath the green channel’s lower edge.

Speculators using this pattern often look for a clean breakout and remain above resistance to validate trend continuation.

Here, further action is above $0.25 would most likely validate a shift in market sentiment, with previous highs around $0.35 as possible targets for the upside.

Read Also: Here’s Why Pudgy Penguin (PENGU) Price Is Pumping Today

Furthermore, visual transition of the red color of the Gaussian ribbon to the green color is interpreted by most traders as the indication of renewed bullish action. This type of signal often follows periods of accumulation and precedes price expansion.

Alongside this technical setup, the smooth implementation of Hedera’s mainnet upgrade may help support network confidence. 

According to Steph Is Crypto, the v0.63 upgrade introduced no disruptions to core token functions. While no direct correlation between upgrades and price exists, reduced operational risk can contribute to a more favorable environment for buyers.

HBAR Price Outlook Based on Prior Behavior

If the pattern observed in the chart repeats as it did in late 2024, HBAR may attempt another move toward its previous highs in the $0.30–$0.35 zone. 

The timing mentioned in the tweet, 4 to 5 weeks, corresponds to the timeframe it took for the last rally to unfold after a similar breakout.

While volume and broader market context are not detailed in the chart, the combination of price structure, trend shift, and completed network upgrade suggests that HBAR price is in a pivotal phase. Traders will likely focus on price behavior near the $0.25 resistance to assess whether the setup evolves as projected.

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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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