HBAR Price Prediction: Don’t Miss This Chart Signal

Hedera (HBAR) is sitting at a critical price zone. Will it bounce toward $0.24 or break below key support levels?

Prasanna Peshkar

Prasanna Peshkar

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Categories: CryptoAltcoin

Hedera (HBAR) has recently shown signs of slowing momentum after an impressive bounce in early May. With the current price hovering near $0.192 and both the hourly and daily charts flashing mixed signals, traders are split on whether HBAR price is preparing for another leg up or a potential drop below key support. Let's break down the charts and price action to predict what's next.

HBAR Price Prediction: Is Hedera Price Losing Steam After Recent Recovery?

Hedera Price Prediction
HBAR/USD Daily Chart- TradingView

On the daily chart, HBAR price managed to cross above the 50-day and 100-day simple moving averages (SMA), but it’s now facing strong resistance around the $0.21–$0.22 region. This area coincides with the 200-day SMA currently sitting near $0.213, which typically acts as a strong dynamic barrier in crypto trends. As of May 18, the price has slipped back below this level and is trading at $0.19169, raising concerns that the recent bullish momentum may be stalling.

The structure resembles a rounding top pattern, suggesting a loss of bullish strength. The uptrend from April found strong buyers around $0.14, but failed to break out above $0.24, where multiple wick rejections occurred. This zone now acts as a psychological barrier.

What Does the Hourly Chart Reveal About Near-Term Moves?

Hedera Price Prediction
HBAR/USD 1 Hr Chart- TradingView

Zooming into the hourly chart, we can see a clearer picture of immediate price action. After peaking around $0.22 earlier this week, HBAR price began a slow, grinding descent with lower highs and lower lows. The hourly 20, 50, and 100 SMAs are all sloping downward, with the current price stuck under the 100-hour SMA at $0.19974.

This Hedera price compression has formed a descending wedge, typically a bullish reversal pattern. If this wedge breaks upward with volume, HBAR could attempt to reclaim $0.205 and then test $0.22 again. However, failure to break out soon may push the price back to the $0.18 and $0.165 supports—both clearly marked by previous demand zones and horizontal lines on your chart.

HBAR Price Prediction: How Far Can Hedera Price Drop or Rise?

To estimate risk and potential upside, let’s use Fibonacci retracement from the recent high of $0.305 to the swing low of $0.14:

  • 38.2% Fib retracement sits around $0.21 (acting as resistance now)
  • 50% retracement is near $0.225
  • 61.8% retracement is around $0.24, a key rejection level seen earlier

On the downside, Hedera price is near the 23.6% retracement from the same move, around $0.185. A break below this could trigger a fall to $0.165, which aligns with past volume profile support.

Assuming a move from $0.192 to $0.24:

  • That’s a gain of 25%. But if it drops to $0.165:
  • That’s a loss of ~14% from current levels.

This risk-reward ratio (1.78) favors bulls only if the $0.19 support holds.

What’s the Price Forecast for This Week?

Unless HBAR price can break decisively above $0.205 and sustain above the 200-day SMA, the overall trend remains cautious. For bullish confirmation, we need:

  • A breakout above $0.213
  • Volume spike crossing $0.22

Failure to do so may drag the price down toward $0.165, where we could see accumulation again. Expect consolidation between $0.185–$0.205 over the next 3–5 days, with volatility picking up if Bitcoin or broader altcoins trend strongly.

Final Thoughts: Caution or Confidence?

Hedera price is currently in a make-or-break zone. While it has room to climb back toward $0.24 if market sentiment improves, technicals suggest the bears have some short-term control. Unless we see a volume-driven breakout, the path of least resistance appears sideways or slightly downward.

Short-Term Target (Bullish): $0.213
Short-Term Support (Bearish): $0.165
Neutral Zone: $0.185–$0.205

Prasanna Peshkar
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Prasanna Peshkar

Prasanna Peshkar is a seasoned writer and analyst specializing in cryptocurrency and blockchain technology. With a focus on delivering insightful commentary and analysis, Prasanna serves as a writer and analyst at CryptoTicker, assisting readers in navigating the complexities of the cryptocurrency market.

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