Potential HBAR cost forecast: The significance of these cost thresholds could guide its upcoming direction
Hedera [HBAR]: Steady Bullish Trend but Watch Out for Liquidation Risk
Keep in mind that this analysis is intended to provide insights, not financial advice.
Hedera's bulls have been steadily pushing the market structure upwards on the daily charts, with key Fibonacci retracement levels serving as hurdles. Given the strong demand and persistent buying pressure, HBAR is poised to break past the $0.253 resistance—a feat that would represent a noteworthy 22% jump from current levels.
However, sellers at the $0.206 support level have repeatedly challenged the bulls, and it's unclear if they can maintain control. Analogizing the situation, it's like the bulls and bears are playing a heated game of tug-of-war, focusing on that crucial $0.206 line.
Despite the uncertainty, the OBV doesn't show strong selling pressure. Instead, it's been steadily climbing since mid-April, even surpassing its March highs. This suggests persistent buying pressure, raising the possibility of a bullish continuation toward $0.253.
Potential Short-term Range Formation
Data from Coinglass highlights the $0.2 and $0.23 liquidation levels as magnetically attractive zones for HBAR. These levels are significant because they represent where most traders have set their sell orders, potentially attracting HBAR's price levels to them.
Given the proximity of the current market price to the $0.2 level, the likelihood of HBAR entering a short-term range between $0.195 and $0.23 is significant. As HBAR retreats and tests that support, spotting a bullish reversal will be essential for optimizing trading opportunities.
Liquidation Risk
Once the critical support at $0.16 is breached, it could trigger liquidation orders, setting off a wave of forced sell-offs. Given that this level is close to the 50% Fibonacci retracement level, it serves as a crucial line of defense for the bulls.
Beyond the immediate liquidation levels, an aggressive bearish scenario might take HBAR as low as $0.0053. However, with the Bitcoin market showing strength and the altcoin sector moving in tandem, a significant downward break remains unlikely.
Future Outlook
Taking the technical indicators into account, it appears that HBAR prices may gravitate within a range of approximately $0.15 to $0.26 in the coming months, with an average near $0.259 in mid-2025. Though there are short-term bearish signals, a medium-term perspective suggests potential for substantial profits—possible gains of 32.65% by mid-September 2025 from a $1,000 investment at current prices.
While there are various technical patterns to watch and analyze, traders should pay close attention to the moving average crossovers and overall volume for confirming the next directional move. Given the current market patterns and volatility, sharp moves in either direction remain a possibility in the short term.
[[Enrichment Data]
- HBAR's bull run could potentially push the price as high as $0.40, representing an approximate 123% increase from current levels, should it manage to overcome key resistances at approximately $0.20, $0.258, $0.32, and $0.37.
- In the more pessimistic scenario, a decline to around $0.163 is expected by mid-June 2025, representing a potential drop of nearly 15% from current prices.
- Aggressive bears might predict a significant price drop to $0.0053, but such a massive downswing remains highly improbable given the overall market conditions and the support near $0.16.
- Traders should keep a close eye on moving averages, particularly the EMA, as there are signs of an impending bearish "death cross" where short-term moving averages fall below long-term ones. Such a pattern is indicative of a possible deeper correction in the short term.]
- Given the strong demand for Hedera (HBAR) and the resistance at $0.253, there's a prediction for price increase, which could lead to a 22% jump if it's successfully broken.
- Analysis shows that HBAR could form a short-term range between $0.195 and $0.23, with significant liquidation levels at $0.2 and $0.23.
- If the critical support at $0.16 is breached, it could trigger liquidation orders and potentially lead to forced sell-offs.
- Given the overall market conditions, a HBAR price of around $0.40, an approximate 123% increase from current levels, might be achievable if key resistances are overcome. However, a more pessimistic outlook suggests a decline to around $0.163 by mid-June 2025, potentially dropping nearly 15% from current prices.
