Hedera Price Forecast: Break Above $0.30 & Reach New Yearly Highs?

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

Current HBAR Trading Trends

Hedera (HBAR) is presently valued at approximately $0.19, exhibiting signs of stabilization after a gradual rise in April and early May. As of May 19, 2025, the cryptocurrency has seen a daily decrease of about 3.35%, indicating some short-term market pressure. However, HBAR still holds above significant technical benchmarks, such as the 200-day Exponential Moving Average (EMA), which suggests that a longer-term upward trend may still be in play.

Market Momentum and Future Projections

According to data from BSC Trader, HBAR has experienced a notable increase of over 25% in the last month, signaling a shift in market sentiment towards accumulation. Trading volumes have also increased markedly, with buyers consistently supporting the $0.185 price level. This area has emerged as a crucial demand zone, repeatedly serving as a re-entry point for traders during price dips. Current market activity indicates a well-defined trading range, with resistance appearing around the psychological barrier of $0.20 and stronger resistance levels identified between $0.28 and $0.33.

Key Resistance Levels and Breakout Potential

Market analysts from BSC Trader are paying close attention to the $0.285096 price point, which represents a 13-week peak for HBAR. A successful breakout above this resistance could reignite bullish momentum, redirecting focus towards the $0.30 mark. This threshold could serve as a significant inflection point, and if surpassed, it may lead to a challenge of the yearly high near $0.400574. The formation of higher lows in recent weeks reinforces a broader bullish outlook, although current overbought conditions may warrant a cautious approach in the near term.

On-Chain Data and Ecosystem Growth

Brave New Coin highlights that on-chain metrics are favorable for HBAR’s long-term growth trajectory. In the past month, the total value locked (TVL) in the Hedera ecosystem has surged by about 15%, reaching $186 million. This increase in TVL suggests rising engagement with the network’s decentralized finance (DeFi) protocols, including initiatives like Stader and Bonzo Finance. Additionally, decentralized exchange (DEX) activity on the platform has skyrocketed over 80% in the last week, with total trading volume hitting $70.4 million.

Stablecoin Market Expansion

Moreover, the circulation of stablecoins on the Hedera blockchain has seen considerable growth. As of May 19, 2025, the stablecoin market cap on the network is now at $181.2 million, up from $131 million just a week earlier. This expansion is often viewed as a positive indicator of liquidity and user engagement, as a more extensive stablecoin ecosystem can lead to deeper markets and improved trading conditions, ultimately aiding price stability and upward momentum.

Derivatives Market Insights

In the derivatives market, data from Brave New Coin reveals that HBAR’s funding rate has remained positive since mid-April. Such positive funding rates typically indicate a higher volume of long positions compared to short positions, reflecting an overall optimistic sentiment among leveraged traders. These indicators suggest sustained interest in HBAR from both retail and institutional investors.

Technical Analysis and Price Projections

Technical analysis from TradingView indicates mixed signals for HBAR’s momentum. The Moving Average Convergence Divergence (MACD) recently experienced a bearish crossover, with the MACD line falling below the signal line, accompanied by a downturn in the MACD histogram, signaling potential short-term weakness. Nevertheless, the moderate slope of the crossover suggests that this may represent a temporary correction rather than a full trend reversal.

Chart Patterns and Future Resistance Levels

The daily chart illustrates the emergence of an inverse head-and-shoulders pattern, with the neckline closely aligned to the $0.19 support level. Should the price maintain its position above this level and buying volume increases, the pattern could confirm a bullish reversal, targeting around $0.2240, which corresponds to the 50% Fibonacci retracement from the previous swing high. Key resistance levels between $0.28 and $0.33 could pose significant challenges for upward movement, as these areas have previously encountered strong selling pressure that led to price rejections during earlier rallies. A clear breakout above this range, especially beyond $0.30, may indicate a shift in market dynamics, paving the way for a retest of the 52-week high near $0.40. TradingView’s data also shows that HBAR price remains structurally sound above its medium- and long-term moving averages.