Potential resistance point for Hedera's HBAR token before a potential bullish resurgence
In the world of cryptocurrency, Hedera (HBAR) is gearing up for a potential dip in the coming months. According to several analysts, the current forecast indicates a possible drop to around $0.25 to $0.22 in 2025.
This potential dip is expected to occur near the significant supply/resistance zone at approximately $0.3, a level where the price might consolidate or recover from dips. A key support zone can be found at around $0.22, with a liquidity pocket lurking near this level or lower.
However, if adoption and market conditions improve, Hedera could recover towards $0.3 and even peak up to $0.5 or slightly above. This recovery could be influenced by Bitcoin's price movements, as the overall market sentiment is often driven by BTC trends.
Several analysts predict that by August and September 2025, HBAR may trade around an average price of $0.30, with lows dipping potentially to about $0.25 or as low as $0.22 in some forecasts. The build-up of liquidity at the $0.218-$0.223 region since mid-July has made it a strong magnetic zone for HBAR.
Recent institutional interest, such as UK banks, could act as a catalyst for bullish momentum, potentially pushing HBAR past $0.3 and towards $0.5 in early 2026. However, a more conservative outlook might be necessary if Bitcoin fails to defend the $112k support zone and falls below $110k in the coming days.
It's important to note that this article does not provide financial, investment, trading, or other types of advice. HBAR traders should prepare for a potential liquidity hunt due to weakening bullish strength. The price has dipped below the Value Area High at $0.264, according to the latest analysis, and is expected to reach $0.22 or slightly lower soon.
Despite the recent dip, the longer-term market structure for HBAR remains bullish due to strong gains in July. The price has not broken below the higher low at $0.223 on the 1-day chart, suggesting the structure remains bullish. The key supply zone for HBAR is identified as $0.285-$0.3, a zone that has proven to be a resistance level.
The A/D indicator and CMF have shown significant capital outflows from the HBAR market, with the CMF dipping below -0.05 recently. This suggests a decrease in bullish strength for HBAR. However, the $0.234 support, as highlighted by the Fixed Range Volume Profile, remains intact on the 1-day price chart.
In conclusion, while a potential dip is on the horizon for Hedera (HBAR), the long-term outlook remains bullish. Traders should keep a close eye on Bitcoin's price movements and be prepared for potential market fluctuations. As always, it's crucial to do your own research before making any investment decisions.
- The potential dip in Hedera (HBAR) price might further influence the value of other cryptocurrencies, such as Bitcoin (BTC), altcoins, and tokens in the crypto market.
- With Bitcoin's price movements affecting the overall market sentiment, investors should pay close attention to BTC trends when considering investing in altcoins like HBAR.
- The bullish longer-term market structure for HBAR suggests that if Bitcoin defends its $112k support, HBAR may push past $0.3, potentially peaking up to $0.5.
- In the world of finance and technology, investors and traders looking at altcoins like HBAR should favor a balanced approach, considering both the short-term potential dips and the long-term bullish outlook while doing thorough research before making any investment decisions.