- HBAR is showing signs of a breakout, pushing against a long-term downtrend line from January. A close above $0.176 could confirm the move, with targets at $0.22, $0.25, and potentially $0.30.
- Technical indicators are turning bullish, including a flipped Parabolic SAR and increasing momentum. However, a fall below $0.165–$0.160 would invalidate the breakout.
- Fundamentally strong, Hedera boasts real-world adoption, fast and cheap transactions, and backing from major companies like Google and IBM. Growing ecosystem and enterprise use cases could drive further demand and price growth.
So here’s the deal — Hedera’s HBAR has been quietly building up steam for a few weeks now. And just recently? It’s starting to look like this altcoin is ready to break out of its long nap.
That downward trendline it’s been stuck under since January (you know, the one from the $0.40 highs)? It’s finally being tested again — and this time, HBAR looks like it wants to punch through.
According to crypto analyst Jesse Olson, there’s a “pending buy signal” flashing on the daily chart, and traders are… well, they’re definitely paying attention now.
Signs of a Breakout? Technicals Say Maybe
Let’s talk indicators for a sec. The Parabolic SAR — that dotted line tool that helps spot reversals — has flipped bullish. Those little green dots? They’re now sitting under the candles, which often means momentum is shifting to the upside.
At the time of writing, HBAR is trading just around $0.176. That’s right near the trendline, and if it closes above it (with some solid volume behind it), that’s your classic breakout confirmation.
Now, if it does hold and move higher, the next big resistance zone is between $0.20–$0.22 — a level that often acts like a speed bump for price rallies. If it clears that? Then we’re looking at a shot toward $0.24–$0.25, and maybe even $0.28–$0.30 if things get really spicy.
On the flip side, if HBAR slips and closes below $0.165–$0.160, then yeah… the breakout’s probably fake, and the coin might just drift sideways again for a while.
Why HBAR Could Shine This Cycle
Alright, charts aside, let’s talk fundamentals — ‘cause that’s where HBAR really flexes.
First up, it’s fast. Like, 10,000+ transactions per second kind of fast. And those transactions? They cost fractions of a penny. That’s enterprise-level speed, but accessible enough for regular folks, too.
And this isn’t some fly-by-night project either. Hedera is backed by heavyweights like Google, IBM, Dell, and Boeing— real companies, not just logos for clout. They’re part of the governance council, shaping how the network evolves.
Even better? It’s already being used in the real world. Global companies are using Hedera to track supply chains, manage digital IDs — stuff that’s happening right now, not just on a roadmap.
For example, packaging giant Avery Dennison is already leveraging Hedera’s tech to monitor product movement. This isn’t “someday tech,” it’s already live.
More Apps = More Demand for HBAR
And as the ecosystem grows — with more apps, tools, and smart contracts — demand for HBAR is likely to keep climbing. It’s needed for transactions, staking, and all sorts of network activity.
So yeah, between the technicals and the real-world use cases, HBAR might be getting ready for a run. If the breakout holds, things could move real fast.
Stay tuned. This one’s got potential written all over it.