Hedera (HBAR)
HBAR had an impressive Q4 2024, driving most of its growth during the final months of the year. The altcoin’s performance resulted in a 219% increase over the year, taking its price to $0.275. This significant growth highlights strong investor interest and market momentum.
The current target for HBAR is its 2024 peak of $0.392, a critical level to maintain its upward trajectory. Breaking through this resistance and turning it into support is crucial to maintaining recent gains. Such a move would signal a potential continued rally in the coming months.
Failure to hold the $0.250 support level could undermine HBAR’s growth potential. A drop to $0.182 would erase some of its gains and invalidate the bullish outlook, highlighting the need for a cautious market strategy to maintain momentum.