This article examines current price levels for Hedera (HBAR) and growth prospects. Analyst expectations and technical analysis provide insights into future market movements.
Current HBAR Price Levels
Analyst wĦoabruℏdudebruℏ, known on X as @dudebruhwhoa, points out that HBAR's price has flipped from resistance to support. He notes that if the broader market remains stable, HBAR could first reach $0.317, then extend to $0.426 and $0.583, framing it as a simple trend continuation.
HBAR Chart Analysis
The daily chart supports this view, with the price reclaiming the $0.23 to $0.24 zone, which had capped rallies earlier but now acts as a base. Each dip into this zone has been bought, and the swing lows are rising. Moving averages add to the bullish structure, with HBAR trading above the 50-day and 200-day averages.
Key HBAR Levels for Traders
The key task for bulls is to hold the reclaimed range near $0.24. As long as HBAR remains above this level, the chart favors a test of $0.317. A clean daily close above $0.317 would signal that momentum is back, opening the path toward $0.426.
In conclusion, Hedera (HBAR) shows positive signals for growth. Key support levels and potential targets remain relevant for traders.
