The HBAR price started the year 2025 on a strong bullish note by making its investors richer by over 20% within the first seven days. Moreover, its recent partnership with Hyundai and KIA to handle their carbon management system has acted as a catalyst in the price surge.
Considering the present market sentiments, will the Hedera price smash its ATH of $0.5701 and achieve a new high this altcoin season? This article consists of the short-term market sentiments, price analysis, and possible price targets of the 17th largest cryptocurrency.
HBAR Price Forms A Triangle Pattern, Tests Breakout!
With an intraday trading volume of $760.30 million, the Hedera price has maintained its positive price action by adding 6.67%. Notably, this altcoin has soared 20.76% this year, making it one of the best-performing altcoins of 2025.
The Simple Moving Average (SMA) supports the HBAR coin price chart in the 1D time frame since the year started. This highlights a strong bullish outlook for the altcoin this week.
Further, the MACD indicator records a constant decline in its red histogram. Moreover, its averages successfully display a positive crossover in the price chart. This indicates that the price of Hedera may continue gaining value in the upcoming time.
Will Hedera Price Hit $0.50 This Month?
Suppose, a bullish breakout occurs, under such a situation, the HBAR coin price could retest its important resistance level of $0.3370. Maintaining the value above that level could set the price for this altcoin to head toward its upper high of $0.393 this month.
On the flip side, if the bulls fail to breach the resistance level of the triangle pattern, this altcoin could retest its low of $0.278. Furthermore, if the bearish influence intensifies, this could pull the price of Hedera token toward its $0.25 mark.
Curious to find out if the Hedera price will achieve the $1 mark? Read CoinPedia’s HBAR Price Prediction to uncover the possible mysteries until 2030!
FAQs
If the bullish sentiment sustains, this altcoin could reach a maximum trading price of $0.80 during this year.
With a market capitalization of $12.131 billion, the Hedera token is currently exchanging hands at $0.31740.
For the HBAR crypto token to achieve this milestone, it will require a surge of 1,475.3% in its present valuation.
