The price of Hedera Hashgraph (HBAR) has attracted attention after a sharp increase of 34%. This article analyzes the current situation and future expectations.
Reasons for HBAR Price Surge
The price of HBAR saw a notable increase, reaching $0.2085 after a peak at $0.2195. The primary factor behind this surge is linked to EQTY Lab's announcement at the RAISE Summit 2025. This event confirmed a collaboration with companies like NVIDIA and Accenture to create the Verifiable Compute system for autonomous AI. The significance of Hedera's involvement in this project has increased investor confidence in its long-term viability.
Technical Analysis of HBAR
On the HBAR chart, key resistance levels at $0.19 and $0.205 have been breached, now acting as support. The current Relative Strength Index (RSI) at 80.12 indicates strong bullish sentiment but also signals potential for correction. Volumes and the sequence of candles confirm a positive trend; however, a short-term consolidation may be necessary.
Price Forecasts for HBAR
In the short term (next 7 days), HBAR price may fluctuate between $0.20 and $0.23. A breakout above $0.23 could lead to bullish continuation toward $0.25 and beyond. In the mid-term, if bullish trends continue, the price could test levels of $0.27 to $0.30. However, speculative maximums based on Fibonacci extensions are projected at $0.33 to $0.34, assuming sustained trading volume.
Hedera (HBAR) shows strong bullish sentiment; however, the high RSI values call for caution. Investors should watch developments and be prepared for possible corrections.
