The Hedera price prediction highlights HBAR's struggle to maintain bullish momentum, reacting more to broader market conditions than top cryptocurrencies like Bitcoin.
Key HBAR Metrics
- Current HBAR Price: $0.189
- Market Cap: $8.43 billion
- Circulating Supply: 41.9 billion HBAR
- Total Supply: 50 billion HBAR
- CoinMarketCap Rank: #19
👉 Discover how HBAR surged 1,914% from its all-time low
HBAR/USD Market Analysis
Critical Levels
- Resistance: $0.300, $0.320, $0.340
- Support: $0.100, $0.80, $0.60
Daily Chart Insights:
HBAR/USD trades at $0.189 (-4.29% daily), below the 9-day MA ($0.2079) and 21-day MA ($0.2195), indicating sustained bearish pressure. A breakdown below the descending channel could target support at $0.100. Conversely, reclaiming the 21-day MA may signal a reversal toward $0.340.
HBAR Price Prediction: Downside Risks
If sellers dominate, HBAR could test $0.15. Recovery hinges on defending current support and breaking the descending channel.
HBAR/BTC Pair Outlook
HBAR/BTC trades at 228 SAT (+2.24%), stabilizing near the channel’s lower boundary. A breakout above the 21-day MA (230 SAT) could target 300 SAT, while failure to hold 220 SAT risks a drop to 155 SAT.
Market Sentiment & Expert Views
@SuzzyDefi notes HBAR’s strong support at $0.228:
"A breakout here could propel HBAR to $0.40+—crucial to hold support for upward momentum."
Hedera Alternatives & Strategic Tools
Bitcoin’s volatility impacts HBAR, but market dips offer accumulation opportunities. Secure wallets like Best Wallet (raised $10.5M in presale) provide robust asset management for HBAR and other cryptos.
👉 Explore Best Wallet’s multi-chain features
FAQ
1. What’s HBAR’s next resistance level?
HBAR must breach $0.340 to confirm bullish reversal.
2. How does Bitcoin affect HBAR’s price?
Altcoins like HBAR often follow Bitcoin’s trends; BTC’s stability is key for HBAR recovery.
3. Is HBAR a good long-term investment?
Despite short-term bearishness, HBAR’s 1,914% growth since 2020 highlights long-term potential.
4. What’s the safest way to store HBAR?
Non-custodial wallets (e.g., Best Wallet) offer enhanced security and multi-chain support.
5. Can HBAR reach its ATH again?
Reclaiming $0.5701 requires sustained bullish momentum and broader crypto market recovery.
6. Where can I track HBAR’s price?
CoinMarketCap and CoinGecko provide real-time HBAR data and rankings.
Final Thoughts
HBAR’s near-term trajectory depends on Bitcoin’s movement and key support holds. Traders should monitor the $0.100–$0.340 range for breakout opportunities. Institutional accumulation and secure wallet adoption (like Best Wallet) could bolster HBAR’s recovery.
Note: This analysis excludes promotional links and ad-focused content per guidelines.