Hedera Price Prediction: HBAR Price Tests $0.07 as Momentum Begins to Recover

The Price of HBAR Is Challenging the Psychological Threshold of $0.0705. After recovering from an intraday drop to just above $0.069, HBAR’s price reached around $0.0699 on August 2nd. Despite a minor 0.14% increase, HBAR has yet to see significant buying pressure.

Although the price is nearing the significant $0.070 price level, HBAR remains down significantly from its 2025 high prices, and buyers must demonstrate stronger conviction to validate any potential price trend reversal.

HBAR Price Tests $0.0705 After Intraday Recovery

As of this report, trading in HBAR was roughly valued at $3.06 billion, with trading volumes of nearly $37.55 million. The currency has been trading 87.72% lower than its high price of $0.57 recorded in early February.

Notably, market data shows that in terms of trends, HBAR hit a low of nearly $0.0689 earlier this week before buyers pushed the currency above $0.070 later in the session before selling resumed near the high.

This could give traders a chance to push through $0.0705 in order to aim for highs at $0.073 and $0.075 before more upside.

The currency has immediate support at $0.06886, with further lows to be taken out at $0.066 before potentially entering a broader downside trend.

TradingView Signals Early Momentum Improvement

Meanwhile, momentum traders using TradingView have suggested HBAR’s price gained 1.36% in its previous candle session, reaching highs of almost $0.06998 before cooling off.

Trading has stabilized from a steeper downward move beginning back in late 2025. The MACD histogram now sits at $0.00033 on the trading day as the MACD indicator is also crossing upwards.

Bears could take advantage if the MACD histogram falls lower. TradingView’s daily chart suggests the daily RSI, which reached highs of 49.95 before pulling back, is beginning to reach for a neutral range. If the indicator stays above that and the price continues higher, HBAR might face significant selling pressure between highs of $0.075 and $0.090 as well.

According to TradingView, the RSI at highs of 49.95 for the day sits just off of levels commonly viewed as oversold, as it crosses higher toward levels seen as average ranges.

Support is currently found at $0.0688, with traders looking for the price to trade higher toward $0.0705 and then up toward $0.073 and $0.075 before HBAR finds what could be seen as further, stronger downward pressure.

HBAR Price Forecast Needs Confirmation Above $0.075

Additionally, an X post predicted that HBAR would finish its correction before October. The account also expected a later move toward new all-time highs.

According to technical analyses from TradingView, HBAR’s own chart offers a more restrained setup. The price is stabilizing, MACD pressure is easing, and RSI is approaching neutral strength. Yet the asset still trades under several resistance levels formed during its decline.

As per the technical chart, a daily close above $0.075 would provide the first stronger confirmation. That move could expose $0.080 and then $0.090. A recovery above $0.10 would mark a more meaningful change in the wider structure.

Until then, buyers control the immediate setup above $0.0688. Sellers retain the broader advantage while HBAR trades below $0.075.na