Could HBAR really hit $18? That’s the question after a bold tweet from EGRAG CRYPTO. The post caught fire fast, claiming that if XRP reaches $27, Hedera (HBAR) could follow with a massive breakout to $18 – all based on a long-term ascending triangle setup.
EGRAG shared a clean and simple chart to back it up. The structure shows a macro ascending triangle – a bullish formation known for leading to strong breakouts when resistance is finally breached. The setup hints that once HBAR closes above its key horizontal resistance, the measured move could theoretically send it flying toward that $18 target.
But here’s the thing. We don’t have access to EGRAG’s full technical analysis behind this call. We’re going off the image and the tweet alone. And while the chart formation does suggest upside potential, it’s worth taking a closer look at how realistic this actually is in the near term.
Right now, the HBAR price is trading at around $0.17. To reach $18, it would need to rally over 100x from current levels. That’s a massive leap, especially in a single bull cycle. For comparison, even Bitcoin hasn’t pulled a 100x move since the early days. So while the triangle setup is bullish and the $18 target makes for an exciting headline, most would agree that this kind of move is far more likely to play out over a longer horizon – possibly by 2030 if Hedera adoption continues to grow at scale.
#HBAR – MACRO Ascending Triangle Formation –
— EGRAG CRYPTO (@egragcrypto) June 4, 2025
Target: $18 🎯
I Am Not hyping it, it is just TA.
Take a close look at the MACRO formation for #HBAR. If #XRP can potentially reach $27, then an $18 target for #HBAR becomes both realistic and exciting! 📈✨
Plan to take profits… pic.twitter.com/5hGnp0HCRi
EGRAG also tied this prediction to XRP hitting $27. That’s another ambitious number, though more grounded in the context of long-term macro cycles. If XRP were to explode past its previous all-time high and enter a full-blown institutional phase, then yes, other altcoins like HBAR could ride the wave and post exponential gains. But again, we’re talking multi-year potential, not something you bet your short-term trades on.
What makes this chart interesting, though, is the structure itself. Ascending triangles build up pressure with a flat resistance and higher lows. When the breakout comes, it can be explosive. Traders often set entry points at the breakout level, then measure the target by taking the height of the triangle and projecting it upward.
In this case, EGRAG appears to be doing just that. He’s also added a note about taking profits at key Fibonacci extensions – the 1.272, 1.414, and 1.618 levels. Those are popular spots among technical traders for trimming positions during strong uptrends.
So what should you take from all of this?
HBAR’s long-term chart does look constructive. It’s showing higher lows. The network continues to grow in visibility and enterprise use. If XRP really does take off, there’s a good chance coins like HBAR benefit from the overall sentiment shift. But while $18 is fun to imagine, it’s not a level you should expect this cycle.
A more reasonable approach might be to watch for a breakout from the triangle, then track momentum through those Fibonacci targets. Traders and long-term holders alike will be watching for signs of strength as the Hedera price tries to reclaim and hold key levels. If it can get above $0.30, then $0.50 and $1.00 come back into focus.
But $18? That might take a little more time – and a whole lot of XRP moon magic.
Stay grounded, stay curious, and as always… plan your exits, not just your entries.
Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Read our recent crypto market updates, news, and technical analysis here.
We recommend eToro
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
