WikiBit 2026-05-29 20:14Key highlights: The HBAR price bounced back toward $0.094 after falling more than 85% from its all-time high near $0.57. HBAR reclaimed key moving
Finance
Hedera Price Prediction: HBAR Price Rebounds After Brutal 85% Crash
Hedera is finally showing some strength again after spending months stuck in a deep correction. The HBAR price had fallen more than 85% from its all-time high near $0.57, but this week the token managed to bounce back toward the $0.094 area, putting traders back on alert for a possible larger recovery move.
What makes this bounce interesting is that it‘s happening right as several technical and on-chain signals are starting to improve together. HBAR’s market cap recovered from around $3.71 billion back toward $3.94 billion, and the price itself pushed above key moving averages that had been acting as resistance for weeks.
The HBAR price is trying to build momentum again
We had a look at the HBAR chart shared by More Crypto Online, and the broader structure still shows a market that has been in correction mode for most of 2026. Price continued forming lower highs and lower lows for months, with a descending resistance trendline capping every recovery attempt.
The primary level where support traders were keeping their eyes on was $0.084 – $0.088 range. This was due to the fact that this specific area coincided with some major Fibonacci retracement areas such as 50% and 61.8%.
HBAR defended that region successfully and started bouncing from there. The chart also showed two bullish signals after HBAR broke above previous swing highs. Thats usually one of the first signs that momentum may be starting to turn.
Traders watch whether capitulation has already happened
One reason traders are paying attention to this setup is because of how deep the correction already became. On-chain data from Glassnode shows HBAR reached an 84%–85% drawdown from its all-time high. That places it among the hardest-hit major Layer-1 projects during this cycle.
In crypto, corrections above 80% often push markets into capitulation territory, where weaker holders finally give up and stronger buyers start accumulating quietly. It doesnt guarantee a reversal, but it usually changes the risk-reward setup compared to earlier stages of a sell-off.
In addition to this, it is also important to mention the relatively constant market capitalization that remained steady despite the sharp decline in value. Despite this drop, the HBAR market cap remains at close to $3.9 billion. This is significant since this is an enterprise-oriented platform.
Hederas enterprise growth story is still active
Away from the charts, Hedera continues expanding its enterprise ecosystem. One of the more important developments came through the launch of BrandBoost by The Hashgraph Group.
The platform focuses on enterprise loyalty systems using tokenized rewards, digital collectibles, self-custody wallets, and AI-powered engagement tools. The product targets industries like sports, telecom, and media, sectors capable of generating large amounts of transaction activity if adoption continues growing.
Hedera‘s Governing Council also keeps adding major corporate names. FedEx joined the council, adding another large enterprise player to Hedera’s governance structure. That matters because Hederas model depends heavily on institutional trust and real-world business usage instead of pure retail speculation.
Regulatory developments are also being watched closely. The proposed CLARITY Act could help classify HBAR more clearly as a commodity in the United States, removing one of the larger concerns institutional investors still monitor.
The HBAR price is finally starting to push higher again
We had a look at the HBAR charts, and things are finally starting to look a bit better after months of weak price action. On the 4-hour chart, the HBAR price managed to break above the 100 SMA near $0.08987 and stay above it, which is one of the first real signs that momentum may be turning around.
HBAR also pushed above recent swing highs, showing buyers are starting to take back some short-term control. The rally carried the HBAR price into the important $0.095–$0.100 resistance zone with solid trading volume behind the move.
RSI climbed close to 71 on the 4-hour timeframe, which shows strong buying activity, even if the market may cool off for a bit before trying to move higher again.
In the daily chart, the retest of the 100-SMA level at $0.092 is yet another positive development for the bulls. Should the price of the HBAR stay above the range of $0.089-$0.092 support and move past $0.100, the eyes of the market participants are bound to turn towards $0.105 and $0.122 levels next.
The recovery is also matching what we‘re seeing in the on-chain data. HBAR’s market cap bounced back toward $3.94 billion after falling near $3.71 billion earlier, which shows buyers are slowly stepping back in after the tokens massive 85% decline from its all-time high.
What comes next for the HBAR price
Right now, the HBAR price is trading in one of its most important technical zones in months. If buyers can keep the price above the reclaimed $0.089–$0.092 area, the short-term structure continues improving.
If momentum continues and HBAR breaks above $0.10 with strong volume, traders will likely start targeting the $0.105 and $0.122 levels next. If the price falls back below the $0.089 support zone, sellers could drag the price back toward the earlier support area between $0.082 and $0.085.
According to CoinCodexs 1-month HBAR price prediction, the price could move toward $0.1337, which is above the current level. For now though, this is one of the stronger recovery setups HBAR has shown in quite a while, especially after spending months in deep capitulation territory.
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