Hedera Hashgraph (HBAR) continues to struggle on the daily chart, with the price hovering around $0.146 and pressing directly against a key support zone near $0.145.
The market has been on a clear downward trajectory for months, forming a series of lower highs and lower lows. Recent price action shows that HBAR has repeatedly failed to reclaim the $0.20–$0.22 resistance range, reinforcing a bearish structure.
Technical tools support this view. Bollinger Bands indicate that the price is hugging the lower band, reflecting steady selling pressure rather than sudden volatility spikes. The middle band, currently around $0.178, now serves as a strong dynamic resistance.
Although the lower-band movement is tight, sellers still control momentum, signaling that any recovery may be limited without significant buyer intervention.
The Relative Strength Index (RSI) sits at 35, below the neutral 50 line, and is edging toward oversold territory. This suggests that buyers are weak, but a strong reversal is not imminent. Meanwhile, the MACD remains below its signal line and the zero line, confirming ongoing downward momentum.
Source: Tradingview
The histogram shows slight shrinkage in negative bars, hinting at easing selling pressure. The Awesome Oscillator continues to produce red bars, further supporting the bearish outlook.
If Hedera breaks below the $0.145 support level, the next target could be around $0.138. However, there is potential for a short-term rebound if this level holds. A bounce could lift the price toward $0.160 or even challenge the $0.178 mid-Bollinger band. Despite this, broader market indicators still favor continued bearish movement unless buyers can establish sustained strength.
Source: Tradingview
While the technical picture is weak in the short term, several high-profile traders see significant upside potential for HBAR. X Finance Bull recently called it “one of the most mispriced assets in crypto.”
Targets for 2025 vary widely, ranging from $0.76 to $3.30, with some long-term forecasts exceeding $10 based on breakout setups and institutional adoption trends.
Analysts point to Hedera’s ability to offer real-time transaction speed, regulatory compliance, strong security, and high throughput as reasons for optimism.
Gilmore Estates projects a 10x-plus move based purely on technical patterns, while Mark Chadwick predicts HBAR could enter the top 10 cryptocurrencies by market cap. The growing narrative frames HBAR as a “sleeper” asset, gaining momentum quietly while broader retail attention remains elsewhere.
Also Read: Hedera Q3 Report: HBAR Skyrockets 43% as Network Expansion Gains Momentum


