Hedera Price Prediction: Breakout From Triangle Pattern Ignites Path Toward $2.00 Rally

Hedera Hashgraph (HBAR) is drawing attention after breaking out of a multi-month symmetrical triangle pattern.

This technical structure has triggered renewed optimism among traders, pushing the price into a sharp upward trajectory. Market momentum has picked up significantly, with HBAR rallying above critical levels and attracting short-term volatility.

Weekly Chart Breakout Sets Bullish Structure

The weekly HBAR/USDT chart, shared by @Steph_iscrypto, confirms a breakout from a symmetrical triangle that formed over several months. This pattern compressed price movement between converging trendlines, reflecting decreasing volatility and a likely shift in direction.

In late July 2025, a strong bullish candle broke above the upper resistance trendline, confirming a breakout and suggesting the start of a trend continuation.

Source: X

Following the breakout, HBAR has surged vertically, with a sequence of large-bodied green candles. The price accelerated from around $0.20 to over $0.70 in a short span, exhibiting minimal resistance.

Such momentum often emerges from a mix of short liquidations and speculative interest, creating a parabolic pattern. If sustained, this movement could set the stage for a run toward psychological thresholds like $1.00 and $2.00, especially with no clear resistance in the current zone. However, the lack of consolidation also introduces a risk of sudden retracement should momentum wane.

Short-Term Pullback Amid Intraday Selling

Over the last 24 hours, HBAR has registered a 3.18% decline, trading near $0.26 after briefly testing a local high around $0.275. This retracement signals some near-term profit-taking, which is common after strong rallies. The intraday chart shows that after the initial move upward, the token encountered resistance and entered a downtrend, bouncing modestly above the $0.255 level.

Source: BraveNewCoin

Trading volume for the same period stood at $450.66 million, indicating active market participation. However, the volume did not reverse the downward movement, suggesting steady but non-panicked selling. This behavior reflects a broader reallocation of funds or cautious market sentiment.

HBAR still holds a market capitalization of $11.17 billion, supported by a circulating supply of over 42.39 billion tokens, underscoring its relevance in the current crypto landscape. If the price drops below $0.255, traders may look toward $0.24 as a potential support zone.

At the Time of Writing, MACD and RSI Signal Cooling Momentum

At the time of writing, HBAR is trading at $0.2607 after hitting a high of $0.3052. While the price remains above the former resistance zone around $0.24, short-term indicators point to weakening bullish momentum.

The MACD shows signs of flattening, with the MACD line (0.02235) falling slightly below the signal line (0.02455), and the histogram reading turning negative at -0.00220. This crossover often signals a shift in momentum, with the possibility of further correction if the divergence widens.

Source: TradingView

Meanwhile, the RSI stands at 58.25, reflecting mild cooling from recent highs. Though still in bullish territory above the neutral 50 mark, it confirms reduced buying strength in the short term. If RSI dips below 50, bearish pressure could increase, but current levels suggest a possible bounce if key support between $0.24 and $0.25 holds.

A move above the $0.3052 high would restore bullish conviction and potentially target the $0.35 range as the next resistance zone.