HBAR Price Prediction: Get Ready for a Surprise
The post HBAR Price Prediction: Get Ready for a Surprise appeared on BitcoinEthereumNews.com. Hedera (HBAR) price has been trading within a tight range, testing investor patience while building a potentially explosive setup. With current price action hovering near $0.186 and sitting just below key resistance zones, let’s break down the charts and predict the next move for HBAR price using both daily and hourly data. HBAR Price Prediction: Is Hedera Price About to Bounce from the 200-Day Moving Average? HBAR/USD 1 Day Chart- TradingView On the daily chart, HBAR price is currently priced at $0.18679, showing mild strength after a small +0.73% gain. But what’s more important is the confluence of major moving averages—particularly the SMA 200 at $0.2218 acting as an overhead resistance and the SMA 100 at $0.1907 hovering just above the current price. The support zone near $0.185 has been tested multiple times, making it a critical line in the sand. If this breaks convincingly, we could see a slide toward the $0.172–0.160 range. However, as long as this support holds, the setup remains neutral to bullish. We also observe a Fibonacci pivot resistance zone around $0.236 (0.236 retracement level), suggesting HBAR price has been consolidating just beneath key resistance and may be preparing for a breakout. A quick calculation shows that a break above $0.20, followed by strong volume, could initiate a move toward the 0.382 retracement at $0.225, with the next major Fibonacci level being 0.618 at $0.268. Let’s say HBAR price closes above $0.20 with daily volume at least 20% higher than the current 10-day average. That would support a price target of:Target = Previous swing high + (Fibonacci move)= $0.236 + ($0.268 – $0.236)= $0.268 short-term with potential up to $0.30 (0.786 fib at $0.308). What Does the Hourly Chart Say About Momentum? HBAR/USD 1 Hr Chart- TradingView Zooming into the hourly chart, the HBAR price…
The post HBAR Price Prediction: Get Ready for a Surprise appeared on BitcoinEthereumNews.com.
Hedera (HBAR) price has been trading within a tight range, testing investor patience while building a potentially explosive setup. With current price action hovering near $0.186 and sitting just below key resistance zones, let’s break down the charts and predict the next move for HBAR price using both daily and hourly data. HBAR Price Prediction: Is Hedera Price About to Bounce from the 200-Day Moving Average? HBAR/USD 1 Day Chart- TradingView On the daily chart, HBAR price is currently priced at $0.18679, showing mild strength after a small +0.73% gain. But what’s more important is the confluence of major moving averages—particularly the SMA 200 at $0.2218 acting as an overhead resistance and the SMA 100 at $0.1907 hovering just above the current price. The support zone near $0.185 has been tested multiple times, making it a critical line in the sand. If this breaks convincingly, we could see a slide toward the $0.172–0.160 range. However, as long as this support holds, the setup remains neutral to bullish. We also observe a Fibonacci pivot resistance zone around $0.236 (0.236 retracement level), suggesting HBAR price has been consolidating just beneath key resistance and may be preparing for a breakout. A quick calculation shows that a break above $0.20, followed by strong volume, could initiate a move toward the 0.382 retracement at $0.225, with the next major Fibonacci level being 0.618 at $0.268. Let’s say HBAR price closes above $0.20 with daily volume at least 20% higher than the current 10-day average. That would support a price target of:Target = Previous swing high + (Fibonacci move)= $0.236 + ($0.268 – $0.236)= $0.268 short-term with potential up to $0.30 (0.786 fib at $0.308). What Does the Hourly Chart Say About Momentum? HBAR/USD 1 Hr Chart- TradingView Zooming into the hourly chart, the HBAR price…
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