Hedera (HBAR) is being watched again after a long correction. Top analyst Quantum Ascend, shared on X that the recent pullback may be close to ending.
His latest chart analysis suggests the HBAR price is setting up for a larger move, with a key price level now deciding what comes next.
In a recent post and video breakdown, Quantum Ascend points to a possible rally toward the $0.28 to $0.34 zone if current conditions hold.
What you'll learn 👉
Where HBAR Price Stands Right Now
The Hedera price went through a deep drawdown earlier in 2024 before staging a sharp rally in November, where price climbed nearly 9.5x from the lows. Since then, the token has entered a corrective phase, giving back part of those gains.
Rather than signaling weakness, the analyst argues this pullback fits a normal market structure. The price has been consolidating instead of collapsing, which often happens before a larger continuation move.
However, Quantum Ascend uses Elliott Wave analysis to frame the current setup. He identifies the correction as a combination of a flat and a zigzag pattern, a structure that usually appears before a trend resumes.
In simple terms, the market has been working off excess momentum. According to the wave count, this corrective phase looks close to completion, suggesting the HBAR price may be preparing for its next impulsive move higher.
$HBAR | @hedera 📽️
— Quantum Ascend (@quantum_ascend) December 22, 2025
Wave Count Shows Correction Near Completion ⌛️
Next Move Seeking $0.28-$0.34 Level🎯
Here's the Math👇 pic.twitter.com/T6WwvsuASp
The Hedera Price Key Levels on the Chart
One of the most important technical details in the analysis is how HBAR is reacting to former resistance zones. Price has found support around earlier highs from the first part of the year. Areas that once capped upside are now holding as support.
Fibonacci retracement levels also play a role here. The 0.786 retracement stands out as a critical zone. A clean move above that level would strengthen the bullish case and open the door to higher targets.
The HBAR price is also trading within a descending channel that resembles a falling wedge. This pattern often resolves to the upside, sometimes with sharp and fast price expansion once resistance breaks.
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In addition, momentum indicators add another layer to the setup. QuantumAscend indicates an improvement of signals on the daily chart, including bullish crossovers on RSI and MACD indicators.
Such changes imply that selling pressure is decreasing and buyers may not be participating in equal measure.
He also points out that overall market conditions seem less adverse compared to earlier this year, which might facilitate a potential upwards move for higher-quality altcoins such as HBAR.
Hedera Price Targets and What Comes Next
If HBAR breaks out from its range, Quantum Ascend sees the next level being hit in the area of $0.28 to $0.34.
The area corresponds with levels of previous resistance as well as Fib levels.
In addition to this, the analyst holds an optimistic view. He suggests that once the HBAR price clears this phase and consolidates again, the path toward new highs becomes more realistic. The key point is that the heavy downside pain may already be behind the market.
For now, everything hinges on whether HBAR can hold support and push through the levels that have capped price during the correction. According to this analysis, the chart is approaching a moment where direction should become clear.
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