Hedera is holding up better than most in today’s choppy market. While many altcoins are bleeding, HBAR is only down about 3% and is currently trading around $0.232. That’s still way above where it was just a few days ago – and considering how hard the market is pulling back right now, that’s actually a pretty decent sign of strength.
The recent rally was massive. HBAR exploded from below $0.13 to over $0.25 in less than a week. That’s nearly a 100% gain – and even with today’s dip, price is still sitting way above the 200-day moving average, which is down near $0.21. This tells us that the trend has flipped bullish again, and buyers are still in control.
📊 HBAR Chart Analysis
Looking at the 4-hour chart, we can see a clear breakout that began around July 10, when HBAR smashed through the $0.17 resistance. That breakout sparked a wave of buying that sent the price straight past multiple resistance zones without much hesitation.
Eventually, price topped out just above $0.25, which was a key supply area from earlier this year. Since then, HBAR has pulled back, but the dip has been shallow. Support is showing up around $0.22–$0.23, and so far, that zone is holding.
The RSI on this timeframe is around 70, which means the market is still technically overbought – but not spiking to dangerous levels. So, a bit of sideways action or mild consolidation wouldn’t be a bad thing. The fact that price is holding above the old resistance zones is bullish by itself.
🔮 HBAR Short-Term Price Prediction
As long as HBAR stays above $0.22, the trend looks healthy. If bulls can push the price back above $0.24, we could see a quick retest of the $0.25–$0.26 zone.
But if $0.22 breaks, the next key support is around the 200-day moving average near $0.21, followed by $0.195. Below that, things get more bearish, but so far, there’s no real sign of that happening.
Short-term momentum is still favoring the bulls, but price needs to cool off a bit before another leg higher. A consolidation between $0.22 and $0.24 over the next day or two would be a healthy base for another push up.
Read also: Next Hedera? Best Altcoins Under $0.50 to Buy Now
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