BlockNews
FOLLOW ON X
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
Home CRYPTO

HBAR’s Rally Faces Resistance—Will Hedera Keep Climbing or Pull Back?

by Matoy
March 5, 2025
in CRYPTO, DEFI, INVESTING, OPINION
Reading Time: 3 mins read
A A
7
SHARES
109
VIEWS
Share on XShare in TelegramShare on Reddit
  • HBAR tested key Fibonacci retracement levels, signaling potential continuation or reversal
  • Bollinger Bands tightening, hinting at an upcoming breakout
  • $0.26 remains a key resistance level for bulls to push beyond

Hedera’s price movement has caught traders’ attention as it bounced off a key Fibonacci retracement level, signaling potential continuation if bulls can maintain momentum. The price surge came after HBAR found strong support near $0.23, a level that has acted as a base in previous corrections.

Looking at the 0.618 Fibonacci retracement, HBAR’s rebound suggests a critical point in price action. This zone often serves as a turning point—either reinforcing a strong move upward or acting as a temporary pause before further decline. If buyers continue to defend this level, HBAR could target the $0.26-$0.27 range, which has historically been a strong resistance zone.

⏳ $HBAR Poised for a Bullish Breakout! #HBAR has successfully bounced from the 0.618 Fibonacci level, a key retracement point for bullish reversals.
The price action suggests a potential higher low formation, indicating strength for an upward move.

🔹 LONG : $0.1990 – $0.2302… https://t.co/XGSf64K9ep pic.twitter.com/YONLJ2r3o5

— Marzell (@MarzellCrypto) March 5, 2025

Hedera’s Price Action Shows Strength—But Is It Sustainable?

Based on the CoinGecko chart, if HBAR can break above $0.26 with strong momentum, it would confirm a bullish continuation, potentially opening the door to $0.28 or even $0.30. However, if it struggles at this level and falls back below $0.24, it could indicate that the rally is running out of steam, leading to a possible retest of lower support levels.

The next few trading sessions will be pivotal in determining whether Hedera’s uptrend is just getting started or if it’s due for another consolidation period.

CoinGecko

Can HBAR Break Through Resistance?

The biggest challenge for Hedera’s price right now is overcoming resistance at $0.26, a level that has rejected previous attempts to move higher. If HBAR can push through this barrier, it would signal increasing buying interest and shift sentiment further bullish.

On the other hand, if the price gets rejected at resistance, traders may start looking at the $0.23-$0.24 range as the next crucial support. A breakdown from here could signal a larger retracement, which might cause investors to become more cautious in the short term.

Hedera was founded in 2018 and operates on the Hashgraph consensus mechanism, a unique alternative to blockchain that aims for greater efficiency and scalability. Its enterprise partnerships and growing developer ecosystem make it one of the more interesting projects in the crypto space.

Right now, the key focus is whether HBAR can break out of this consolidation phase and push toward higher resistance levels. If it does, the momentum could accelerate, but if not, another phase of sideways movement could be ahead.

Tags: HBARhederaHedera Hashgraph
Tweet2ShareShare
Previous Post

Dogecoin’s Surge: Can DOGE Break Resistance or Is a Reversal Coming?

Next Post

Trump To Reveal His Ambitious Bitcoin Strategy at the White House Crypto Summit: Here is What We Know

DON'T MISS THESE! HOT OFF THE PRESS

Toncoin and Telegram: The Sleeping Giant of 2025?
BITCOIN

Toncoin and Telegram: The Sleeping Giant of 2025?

July 1, 2025
Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL
BITCOIN

Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL

July 1, 2025
SEC Plans Shortcut for Crypto ETFs With New Listing Rules
CRYPTO

SEC Plans Shortcut for Crypto ETFs With New Listing Rules

July 1, 2025
Donald Trump Threatens Elon Musk with DOGE Audit
FINANCE

Donald Trump Threatens Elon Musk with DOGE Audit

July 1, 2025
Jerome Powell Says July May be Too Early for Rate Cuts, But Doesn’t Rule it Out
FINANCE

Jerome Powell Says July May be Too Early for Rate Cuts, But Doesn’t Rule it Out

July 1, 2025
Deutsche Bank Eyes 2026 Launch for Bitcoin and Ethereum Custody
FINANCE

Deutsche Bank Eyes 2026 Launch for Bitcoin and Ethereum Custody

July 1, 2025
Load More

Related News

Toncoin and Telegram: The Sleeping Giant of 2025?

Toncoin and Telegram: The Sleeping Giant of 2025?

July 1, 2025
Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL

Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL

July 1, 2025
SEC Plans Shortcut for Crypto ETFs With New Listing Rules

SEC Plans Shortcut for Crypto ETFs With New Listing Rules

July 1, 2025
Donald Trump Threatens Elon Musk with DOGE Audit

Donald Trump Threatens Elon Musk with DOGE Audit

July 1, 2025
Jerome Powell Says July May be Too Early for Rate Cuts, But Doesn’t Rule it Out

Jerome Powell Says July May be Too Early for Rate Cuts, But Doesn’t Rule it Out

July 1, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano Chainlink China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • HOME
  • CRYPTO
  • MEMECOINS
  • TECHNOLOGY
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.