HBAR Price Prediction Next Week
HBAR Price Prediction and Recommendation
Based on the analysis of news sentiment and technical indicators, here is the prediction and recommendation for HBAR:
News Sentiment Analysis:
- Bullish Outlook: Crypto YouTuber Lee the Captain believes HBAR could reach $3 due to AI integration and potential ETFs, but this is a long-term view .
- Market Challenges: HBAR faces declining interest and prices, with a 17% drop in the last week, indicating weak demand .
- Competitive Pressure: BlockDAG's success and partnerships have shifted investor focus away from HBAR .
Technical Indicators:
- Current Price: $0.1914 as of 2025-03-24.
- RSI: 40.13, indicating oversold conditions.
- MACD: Slightly negative, showing bearish momentum.
- Fibonacci Levels: Resistance at $0.196 and support at $0.182.
- Volume: Decreasing, suggesting reduced buying interest.
Price Prediction:
HBAR is expected to drop to $0.16 in the next trading week due to bearish technical indicators and weak market sentiment.
Recommendation:
Sell HBAR as the technical and fundamental analysis suggests a bearish trend in the short term.
Hedera Similar Chart Price Prediction
The price of Hedera is predicted to go up 23.65%, based on the high correlation periods with STRK. The similarity of these two price pattern on the periods is 90%.
HBAR
STRK
Up: 23.65%Similarity: 90%
HBAR Crypto Forecast & Prediction For Years 2025, 2026, 2027, 2028, 2029 and 2030
Year
HBAR Price Forecast($)
Potential Return(%)
2025
0.230
-25.730
2026
0.500
114.820
2027
0.800
243.720
2028
0.800
243.720
2029
1.500
544.470
2030
1.500
544.470