Hedera Coin Eyes 45% Rally as Analysts Spot Breakout Momentum

Hedera Hashgraph is nearing a breakout, according to analysts World of Charts and Jack. Both highlight critical resistance near $0.21 and support around $0.188, defining a decisive inflection point.

A successful breakout could trigger a 40–45% rally toward $0.28, while failure to hold support may lead to a sharp correction.

Analysts Track Bullish Setup

According to analyst World of Charts, Hedera Hashgraph is showing early signs of a bullish formation that may precede a strong breakout. The chart indicates that Hedera has been consolidating just below a descending trendline that has restrained multiple rally attempts since mid-year. The analyst noted that if the token manages to break and successfully retest the resistance area near $0.21, the move could trigger a rally in the range of 40–45%.

Analysts Track Bullish Setup

HBARUSD Chart | Source:x

The analysis suggests a buildup of buying pressure under a key resistance area. The market appears to be entering a phase of accumulation before potentially breaking higher toward the $0.26–$0.28 zone. This projection aligns with the series of higher lows recorded since the October bottom near $0.15, which may indicate improving sentiment among traders. A confirmed breakout above the descending trendline could transform previous resistance into new support, strengthening the bullish case as the market heads into November.

Key Support Levels Hold Market Attention

The analyst further pointed out that maintaining price stability above $0.20 will be crucial for sustaining the bullish pattern. Failure to hold this level may weaken the technical structure and delay upward continuation. Market participants are closely observing whether HBAR can preserve its recent momentum as the coin tests the upper boundary of its multi-month downtrend channel.

At present, price movements suggest buyers are attempting to defend the $0.194–$0.196 area, which has acted as an intraday base for recent trading sessions. If this support range holds, it may create favorable conditions for buyers to challenge higher resistance levels. The broader setup signals potential for trend reversal, though confirmation will depend on the strength of future volume and the ability to sustain levels above the channel’s upper line.

Alternative Viewpoints Suggest Near-Term Pressure

A contrasting outlook from analyst Jack describes the asset as being positioned at a decisive point within a descending channel that has guided price action since July. According to his chart, the token has faced repeated rejections along the upper boundary of the channel, suggesting ongoing control by sellers. HBAR is currently testing the $0.188 support zone, which Jack identified as a “make-or-break” level.

Alternative Viewpoints Suggest Near-Term Pressure

HBARUSDT Chart | Source:x

If this level fails to hold, the analyst expects a potential decline toward the $0.14 support area, reflecting intensified selling momentum. The analysis also noted persistent bearish pressure following multiple failed breakout attempts. A loss of the $0.188 zone could open the path to a 20% or more decline, reinforcing the bearish control that has defined recent months.

Market Activity and Short-Term Outlook

Over the past 24 hours, Hedera traded near $0.20, marking a 1.51% daily increase. Price data shows the coin opened around $0.194, dipped slightly to $0.192, and later rebounded to $0.198. Trading activity rose sharply during this rebound, with volume peaking near $428 million, suggesting renewed buying participation.

Market Activity and Short-Term Outlook

HBARUSD 24-Hr Chart | Source: BraveNewCoin

The momentum briefly pushed the asset above $0.20 before mild profit-taking occurred. Despite the cooling, the coin managed to retain most of its intraday gains. If buying strength continues above $0.198, the next upside target may be $0.204, while a failure to maintain $0.194 could lead to short-term consolidation near $0.19. The market remains at a decisive juncture, where sustaining current levels could validate the bullish setups outlined by analysts tracking potential breakout momentum.

Source: https://bravenewcoin.com/insights/hedera-coin-eyes-45-rally-as-analysts-spot-breakout-momentum