With so many altcoins moving rapidly, some would wonder if Hedera (HBAR) is worth a closer look. The question at the heart of it all is simple: should you put money into Hedera right now?
Let’s take a look at what the chart says — and what the HBAR price is telling us about investing $1,000.
What you'll learn 👉
Hedera Price Still Locked in a Downtrend
Hedera price has been following a consistent downtrend since January. This isn’t just a short-term pullback — it’s a structure of lower highs and lower lows, which is often a classic bearish pattern. Every time the HBAR price tries to push up, it gets rejected at a descending trendline that has now acted as resistance multiple times.
Just two days ago, the price hit this trendline again, and once more, it failed to break through. If this same pattern holds, the price may now head lower and form another lower low — possibly dropping another 20% from where it is now.
While this sounds bearish, there’s another side to the story.
HBAR Price Support Is Still Holding — But For How Long?
Even though the trend has been pointing down, HBAR has shown a strong support level since November. The $0.12 area has acted as a reliable cushion for the token. In early April, the Hedera price bounced off this level once again, showing that buyers are still stepping in when it gets low.
But here’s the issue: every time it bounces, it quickly hits the trendline and reverses. That makes $0.12 a key battleground — and the battle is now between that descending resistance line and this horizontal support. The trend is still downward, so unless something major changes, the bears are still in control.
Unless we get a clean break above the trendline — and ideally see some other bullish signs like increasing, it’s hard to say the trend is reversing.
Related Article: Will Hedera Ever Reach $100? Analyst Reveals 2031 HBAR Price Prediction
So, is now the time to invest $1,000 into Hedera?
Final Thoughts: Is $1,000 Into HBAR Worth It Right Now?
If you’re looking to catch the bottom, this might not be the moment. With the Hedera price still facing downward pressure and the structure still bearish, a drop below $0.12 would be a strong bearish confirmation. That could lead to much steeper losses in the short term.
On the flip side, if HBAR manages to hold the $0.12 support once again and break the trendline, it could flip bullish — but we’re not there yet.
In short, while Hedera remains a promising long-term project for many in the crypto space, the HBAR price right now is telling a cautious story. Throwing $1,000 into it at this point carries clear risks unless you’re prepared for more downside before any upside.
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