Hedera Price Prediction: HBAR Breaks Trendline as Bulls Target $0.39 and Beyond

Hedera Hashgraph (HBAR) has broken out of a multi-year downtrend, signaling a potential shift in its long-term market structure.

A decisive move above the $0.26–$0.29 resistance range on the monthly chart has caught the attention of analysts and traders, with key levels now aligning for a possible continuation toward $0.39.

At the time of writing, HBAR is trading near $0.2385, following a recent correction that has cooled bullish momentum but not invalidated the broader breakout thesis.

Monthly Breakout Signals End of Downtrend

The monthly chart for HBAR/USDT, shared by analyst @Borsaanaliz07, confirms a breakout above a descending trendline that had suppressed the price since 2022. The close above the $0.26 resistance pivot suggests a potential end to the prolonged downtrend and opens a path toward the next technical resistance levels at $0.39200 and $0.75070.

This structure, supported by both horizontal and diagonal technical confirmations, marks the first major bullish reversal since the 2021 cycle.

Source: X

Analyst Borsa Teknik has identified HBAR as a critical asset for the current cycle, citing the breakout’s structural significance. The presence of multiple higher timeframe support zones—including $0.18170 and $0.26480—provides a framework for spot accumulation. A monthly close above $0.26 will be essential to maintain the bullish narrative. Should momentum continue, targets between $0.39 and $0.75 remain viable over the medium term.

Short-Term Weakness Emerges After Sharp Intraday Sell-Off

Despite the promising breakout on the higher timeframe, HBAR has recently experienced notable short-term volatility. Over the past 24 hours, the token dropped by over 10% from a session high near $0.27 to a local low of $0.245, before stabilizing around $0.25.

This decline was accompanied by elevated trading volume, reaching approximately $738.12 million, suggesting increased sell-side activity likely linked to broader market corrections or profit-taking following the July rally.

Source: BraveNewCoin

The intraday volume spikes during the price drop reflect bearish pressure from short-term participants. Although there was a brief recovery attempt, the failure to reclaim $0.26 indicates weak buyer conviction at current levels.

If HBAR continues to trade below $0.255 with diminishing volume, a retest of the $0.23–$0.24 support zone becomes increasingly likely. For any upward recovery to be sustainable, stronger volume on bullish candles will be required.

Momentum Indicators Suggest Caution as Bulls Defend Key Support

On the daily chart, HBAR is down 2.76% and trading at $0.2385, marking a significant retracement from its recent high of $0.32419. The candlestick structure reflects heavy selling pressure above $0.30, which triggered the latest correction. Momentum indicators are starting to reflect this shift. The MACD shows the MACD line (0.02530) just slightly above the signal line (0.02478), with the histogram flattening at 0.00052—indicating weakening upward momentum and potential for a bearish crossover.

Source: TradingView

The Chaikin Money Flow (CMF) indicator is currently neutral at 0.00, reflecting a balance between buying and selling pressure. This stagnation suggests indecision among market participants. If the CMF moves into negative territory, it may confirm a broader risk-off sentiment.

However, a reversal in CMF toward positive values would indicate renewed capital inflow. Traders will be watching the $0.23–$0.25 zone closely, as a breakdown below this area could lead to deeper corrections toward the $0.20 psychological level.