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HBAR Price Prediction: Dont Miss This Chart Signal

HBAR Price Prediction: Dont Miss This Chart Signal WikiBit 2025-05-18 18:04

Hedera (HBAR)has recently shown signs of slowing momentum after an impressive bounce in early May. W

Hedera (HBAR)has recently shown signs of slowing momentum after an impressive bounce in early May. With the current price hovering near $0.192 and both the hourly and daily charts flashing mixed signals, traders are split on whether HBAR price is preparing for another leg upor a potential drop below key support. Let's break down the charts and price action to predict what's next.

HBAR Price Prediction: Is Hedera Price Losing Steam After Recent Recovery?

HBAR/USD Daily Chart- TradingView

On the daily chart, HBAR price managed to cross above the 50-day and 100-day simple moving averages (SMA), but its now facing strong resistance around the $0.21–$0.22 region. This area coincides with the 200-day SMA currently sitting near $0.213, which typically acts as a strong dynamic barrier in crypto trends. As of May 18, the price has slipped back below this level and is trading at $0.19169, raising concerns that the recent bullish momentum may be stalling.

The structure resembles a rounding toppattern, suggesting a loss of bullish strength. The uptrend from April found strong buyers around $0.14, but failed to break out above $0.24, where multiple wick rejections occurred. This zone now acts as a psychological barrier.

What Does the Hourly Chart Reveal About Near-Term Moves?

HBAR/USD 1 Hr Chart- TradingView

Zooming into the hourly chart, we can see a clearer picture of immediate price action. After peaking around $0.22 earlier this week, HBAR price began a slow, grinding descent with lower highs and lower lows. The hourly 20, 50, and 100 SMAs are all sloping downward, with the current price stuck under the 100-hour SMA at $0.19974.

This Hedera price compression has formed a descending wedge, typically a bullish reversal pattern. If this wedge breaks upward with volume, HBAR could attempt to reclaim $0.205and then test $0.22again. However, failure to break out soon may push the price back to the $0.18and $0.165supports—both clearly marked by previous demand zones and horizontal lines on your chart.

HBAR Price Prediction: How Far Can Hedera Price Drop or Rise?

To estimate risk and potential upside, lets use Fibonacci retracementfrom the recent high of $0.305 to the swing low of $0.14:

  • 38.2% Fib retracementsits around $0.21(acting as resistance now)
  • 50% retracementis near $0.225
  • 61.8% retracementis around $0.24, a key rejection level seen earlier

On the downside, Hedera price is near the 23.6% retracementfrom the same move, around $0.185. A break below this could trigger a fall to $0.165, which aligns with past volume profile support.

Assuming a move from $0.192 to $0.24:

  • Thats a gain of 25%. But if it drops to $0.165:
  • Thats a loss of ~14%from current levels.

This risk-reward ratio (1.78) favors bulls only ifthe $0.19 support holds.

Whats the Price Forecast for This Week?

Unless HBAR price can break decisively above $0.205 and sustain above the 200-day SMA, the overall trend remains cautious. For bullish confirmation, we need:

  • A breakout above $0.213
  • Volume spike crossing $0.22

Failure to do so may drag the price down toward $0.165, where we could see accumulation again. Expect consolidation between $0.185–$0.205over the next 3–5 days, with volatility picking up if Bitcoin or broader altcoins trend strongly.

Final Thoughts: Caution or Confidence?

Hedera price is currently in a make-or-break zone. While it has room to climb back toward $0.24 if market sentiment improves, technicals suggest the bears have some short-term control. Unless we see a volume-driven breakout, the path of least resistance appears sideways or slightly downward.

Short-Term Target (Bullish): $0.213

Short-Term Support (Bearish): $0.165

Neutral Zone: $0.185–$0.205

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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