Hedera (HBAR) Price Prediction: Potential Breakout to $0.28-$0.34 Zone
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Price Correction Analysis: Hedera (HBAR) is currently in a corrective phase after a nearly 9.5x rally, with analysts suggesting this pullback fits a normal market structure and may be nearing completion, setting the stage for the next upward move.
- Technical Support Levels: HBAR has found support around earlier highs from the year, indicating that previous resistance zones are now acting as support, suggesting the market is building strength to potentially break through key resistance levels.
- Fibonacci Retracement Levels: The 0.786 Fibonacci retracement level is highlighted as a critical zone; a clean move above this level would strengthen bullish sentiment and open the door to higher price targets.
- Improving Market Momentum: Analysts note bullish crossovers on momentum indicators like RSI and MACD on the daily chart, indicating decreasing selling pressure and a potential return of buyers, with overall market conditions appearing less adverse compared to earlier this year, which could support HBAR's upward movement.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







