Hedera Price Prediction Eyes Breakout Above $0.161 as Bulls Target Rally

Hedera (HBAR) price is showing signs of regaining upward momentum after reclaiming a key support range in early July.

The asset’s price action, alongside technical structure and sentiment data, indicates growing bullish interest above the $0.154–$0.156 zone. With resistance levels narrowing near $0.161, market participants are now watching for a potential breakout that could open the door to further upside targets around $0.172 and beyond.

HBAR Price Structure Signals Continuation Toward Upper Targets

Recent short-term chart analysis from prominent trader Toji (@TradeToji) outlines a bullish continuation pattern in HBAR’s movement. The asset has recovered above a previously contested demand area between $0.154 and $0.156.

This zone, marked by earlier accumulation and price rejection, has once again served as a springboard for higher lows. After clearing a minor resistance, the breakout has aligned with a classic higher-low setup and a bullish flag structure.

Source: Chart by @Tradertoji X

Toji’s projection suggests that a pullback to the breakout region is likely before a renewed push toward $0.1724. This target corresponds to the 0.5 Fibonacci retracement level and coincides with a mid-June resistance level, adding technical relevance to the prediction. The chart also reflects a V-shaped recovery from sub-$0.14 lows in late June.

If HBAR sustains above the green zone with rising volume, the pattern could support a gain of over 11%. Any break below $0.154, however, would invalidate the bullish thesis and reset the short-term outlook.

Resistance Nears As Price Tests Short-Term Breakout

Recent price action on the 1-hour timeframe has followed a cyclical trend of alternating rallies and corrections. Another analyst identified this trend through marked uptrend and downtrend zones since late June. Following its latest bounce from $0.15616, HBAR is attempting to sustain a bullish structure as it approaches local resistance at $0.16159.

The formation of a narrow consolidation channel between $0.156 and $0.16159 indicates the market is preparing for a breakout move.

Source: Chart by Bullfrog X

Several short-term pivot highs have been tagged near this resistance level, signaling the importance of the $0.161 threshold. The price remains inside an active uptrend region, although small red zones suggest intermittent selling pressure.

A confirmed breakout above $0.16159 could trigger follow-through toward higher technical targets, depending on broader market conditions. The compression of price within this narrow band and volume tracking patterns will be crucial in validating any near-term directional move.

Source: Chart by Brave New Coin

Meanwhile, on-chain metrics from Brave New Coin indicate that HBAR is currently trading at $0.16 after declining by 2.67% in the last 24 hours. Trading volume registered at $173.1 million, while market capitalization stood at approximately $6.61 billion. HBAR ranks 26th among global digital assets, with 42.39 billion tokens in circulation.

These figures provide a stable liquidity base and reflect a market still capable of generating strong directional moves when volume aligns with price action.

Indicators Point to Emerging Momentum Shift

On the daily chart, HBAR is stabilizing near the $0.155 mark after an extended corrective phase. While broader trends remain muted, technical indicators are beginning to show early signs of recovery. The Relative Strength Index (RSI) reads 50.11, just above its average of 46.67, signaling a slight uptick in buyer interest. Although this level does not confirm a strong bullish trend, continued movement above 55 could indicate increasing momentum.

Source: Chart by TradingView

The MACD supports this cautious optimism. Current readings show the MACD line at -0.00127 and the signal line at -0.00336, with a small positive histogram of 0.00210. This configuration suggests a potential bullish crossover near the zero line, typically seen as an early trend reversal signal.

For further confirmation, analysts will monitor a daily close above $0.165 and increasing volume, which would reinforce breakout expectations and shift focus toward the $0.172–$0.180 range in the sessions ahead.