Hedera Price Prediction: Will the Rally Hold or Quickly Fold

Hedera Price Prediction 2025 estimates it may reach $0.300

Initial bearish sentiment in the #Hedera price indicated weak buying pressure in the crypto market.

$HBAR prices surged over 80% on false news of a partnership with Archax to tokenize BlackRock’s funds, reaching 2024 highs at $0.18.

Increased volatility later saw bulls breaking out of the resistance level, resulting in a jump before facing rejection at $0.139.

However, this surge was short-lived as the news was clarified to be a rumor, resulting in a 38% price slump.

$HBAR failed to break out from its ascending parallel channel, with the rejection marking the fourth failed attempt since August 2023.

If the market sustains its price above the support level of $0.100, bullish momentum is likely to return, potentially pushing the price to test the upper high of $0.180.

Conversely, failure to regain momentum will see HBAR price continuing under bearish influence, preparing to test its lower support level of $0.0750.

According to Coin Gabbar analysis, #Hedera Price Prediction 2030 is predicted to hover around $1.00, while Hedera Price Prediction 2040, it's anticipated to reach around $5.00

KEY LEVELS :

RESISTANCE LEVEL : $0.14000-$0.18000

SUPPORT LEVEL : $0.10000-$0.75000

Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

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