Hedera Price Prediction: Could a Break Above $0.30 Lead to New Yearly Highs?

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Rommie Analytics

HBAR Hedera Poised to Break Out

Despite the latest correction, HBAR maintains a position above key technical levels, including the 200-day Exponential Moving Average (EMA), suggesting the continuation of a broader uptrend.

HBAR Price Market Momentum and Outlook

Data from BSC Trader highlights that HBAR has gained over 25% in the past month, indicating a shift in market sentiment toward accumulation. Trading volume has also risen significantly during this period, with buyers consistently defending the $0.185 support level.

This price zone has formed a critical demand area, repeatedly acting as a re-entry point for market participants during dips. Current trading activity points to a well-defined range, with resistance emerging around the psychological $0.20 level and stronger barriers between $0.28 and $0.33.

HBAR Price Market Momentum and Outlook

Source:X

Market analysts at BSC Trader are monitoring the $0.285096 price level, which marks the 13-week high for HBAR. A breakout above this resistance zone could trigger renewed bullish momentum, with attention shifting toward the $0.30 threshold. This price point is a potential inflection level that, if breached, may lead to a test of the yearly high near $0.400574.

The formation of higher lows over recent weeks supports the broader bullish structure, though current overbought indicators suggest caution in the short term.

On-Chain Fundamentals and Ecosystem Developments

Brave New Coin reports that on-chain data remains favorable for HBAR’s long-term growth prospects. Over the past 30 days, total value locked (TVL) on the Hedera network has increased by approximately 15%, reaching $186 million. This rise in TVL reflects broader participation in the network’s decentralized finance (DeFi) protocols, including projects such as Stader and Bonzo Finance.

At the same time, decentralized exchange (DEX) volume on the network has surged over 80% in the past week, with trading activity totaling $70.4 million.

On-Chain Fundamentals and Ecosystem Developments

HBAR Price Chart, Source:Brave New Coin

Additionally, the supply of stablecoins circulating on the Hedera blockchain has grown substantially. As of May 19, 2025, the stablecoin market cap on the network stands at $181.2 million, up from $131 million one week prior. This expansion is often interpreted as a sign of increasing liquidity and heightened user engagement. A larger stablecoin base can contribute to deeper markets and more consistent trading conditions, which may support price stability and upward movement.

In the derivatives market, Brave New Coin data shows that HBAR’s funding rate has remained positive since mid-April. Positive funding rates typically indicate a greater number of long positions relative to short positions, reflecting an overall bullish outlook among leveraged traders. These metrics suggest continued interest in HBAR from both retail and institutional market participants.

Technical Indicators and Price Scenarios

Technical analysis from TradingView highlights mixed momentum indicators for HBAR. The Moving Average Convergence Divergence (MACD) recently experienced a bearish crossover, where the MACD line has moved below the signal line. This crossover is accompanied by a decline in the MACD histogram, signaling potential short-term weakness. However, the slope of the crossover remains moderate, which may indicate a temporary correction rather than a reversal of trend.

Technical Indicators and Price Scenarios

Source:TradingView

The daily chart also reveals the development of an inverse head-and-shoulders pattern. The neckline of this pattern aligns closely with the $0.19 support level. If price action holds above this threshold and buying volume increases, the pattern may confirm a bullish reversal. The corresponding target in such a scenario would be near the $0.2240 level, which aligns with the 50% Fibonacci retracement from the previous swing high.

Resistance levels between $0.28 and $0.33 represent significant barriers for upward movement. These levels have previously seen heightened selling pressure, resulting in price rejections during earlier rallies.

A clear breakout above this zone, particularly beyond $0.30, could signal a shift in market dynamics and open the door to retesting the 52-week high near $0.40. TradingView’s chart data also indicates that HBAR price remains structurally intact above its medium- and long-term moving averages.

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