Recent market analysis indicates that the price of Hedera (HBAR) may start to reverse after months of decline. A breakout from a falling wedge and increased trading volume have sparked heightened interest among traders and analysts.
Breakout from Falling Wedge
On the HBAR chart, a falling wedge has been forming since January 2025, made up of two downward-sloping lines that squeezed the price tighter and tighter. In early July, HBAR broke through the top of the wedge and is now trading above it, which has not been observed for months. Such breakouts often indicate the beginning of a potential trend reversal.
Volume Surge
HBAR trading volume jumped over 40%, indicating significant interest from both traders and investors. This activity usually signifies that more people are watching the HBAR chart and stepping in. The current price rise appears stable if maintained.
Hedera Price Analysis
Support currently sits between $0.14 and $0.15. As long as HBAR remains above this range, the breakout structure looks solid. A retest of this level would not be unusual, but holding it would add more strength to the market sentiment. Traders are keenly watching how HBAR price behaves in the coming days for a potential full trend reversal.
Given the activity and forecasts, it can be concluded that Hedera is on the verge of a potential turnaround. The interest from traders and analysts reinforces the attention towards HBAR.
