Recent analysis indicates that Hedera (HBAR) may currently be on the brink of substantial price growth. Analysts are noting a breakout of a key trendline that could lead to a rally.
Technical Analysis of HBAR
Analyst Clifton Fx (@clifton_ideas) shared on TradingView a technical analysis showing that HBAR has finally broken above a descending trendline that has served as resistance since early 2025. "Now that it has been broken, a 'massive bullish rally' could follow. The breakout is clearly visible on the chart - previously HBAR struggled to escape the downtrend that started after a price increase in late 2024.
Rise Following the Breakout
Each previous attempt to break the trendline was rejected, but the recent candle closed solidly above the $0.17 level, confirming the breakout. The target level that HBAR could reach is around $0.31, representing an 81% increase from current levels. A full return to the upper part of the wider channel at $0.40 may lead to a 122% gain.
What to Expect from HBAR in the Near Future
Traders watching HBAR should pay attention to how the price behaves over the next few days. A retest of the trendline is possible, and holding this level as support would further strengthen the chances of further growth. Key levels for upside include $0.25, then $0.31, and potentially $0.40 if the forecast plays out.
Hedera's fundamentals continue to support long-term growth, yet the technicals indicate a strong short-term rally. Market conditions may change, but the current breakout could serve as a key point for significant growth in HBAR.
