bullish

Rally

Hedera

<p>With the altcoin rally gaining momentum in the crypto market, the recovery run in HBAR price teases a trend reversal. Crossing the $0.050 psychological mark, the uptrend in Hedera reveals a massive upside.</p>   
<p>So, are you considering buying Hedera before the bullish wave? Before that, check out our latest HBAR price analysis for critical technical insights and crucial price levels.&nbsp;</p>   
<h2 class="wp-block-heading" id="h-is-hedera-making-a-comeback">Is Hedera Making a Comeback?</h2>   
<p>The recovery rally in HBAR prices has broken above the resistance trend line formed due to the pullback started earlier this year. As the broader market underwent a correction in HBAR, the prices fell from $0.1821 to the 52-week low price of $0.041.&nbsp;</p>   
<figure class="wp-block-image size-large">
 <img src="https://image.coinpedia.org/wp-content/uploads/2024/11/13143227/image-212-1024x509.png" alt="HBAR Price chart" class="wp-image-379268">
</figure>   
<p><a href="https://www.tradingview.com/x/rWakYoHs/" target="_blank" rel="noreferrer noopener">TradingView</a></p>   
<p>The pullback phase accounted for a 77% drop in hedera market caps. However, with the 26% jump last week followed by a bullish continuation this week, Hedera is preparing for a new recovery rally.&nbsp;</p>   
<p>The HBAR token is currently trading at $0.05842, maintaining above the resistance trend line in the weekly chart. However, the weekly candle shows higher price rejection from the 23.60% Fibonacci level and the 50-day SMA.&nbsp;</p>   
<p>The Fibonacci level is priced at $0.06606, and the 50-week SMA stands at $0.0786. Further, the recovery rally results in a positive MACD and Signal lines crossover.&nbsp;</p>   
<p>In the daily chart, the intraday pullback of 10.30% comes as a retest of the broken trendline and the 50-day, 100-day SMA merger.&nbsp;</p>   
<h2 class="wp-block-heading" id="h-will-hbar-price-sustain-above-0-050">Will HBAR Price Sustain Above $0.050?</h2>   
<p>As the broader market recovers, a post-retest reversal in HBAR is likely to prolong the bullish rally. Using the Fibonacci levels in the weekly chart, the upside price targets for Hedera stand at $0.095 and $0.1277.&nbsp;</p>   
<p>These price targets are derived from the 38.20% and 50% Fibonacci levels. On the flip side, the crucial support for hedera stands at $0.050 and $0.042.</p>   
<p>Will the uptrend in HBAR reach $0.10? Find out now in Coinpedia's latest <a href="https://coinpedia.org/price-prediction/hedera-hashgraph-hbar-price-prediction/" target="_blank" rel="noreferrer noopener">HBAR price prediction</a>. </p>   
<h2 class="wp-block-heading" id="h-faqs">FAQs</h2>   
<div class="schema-faq wp-block-yoast-faq-block">
 <div class="schema-faq-section" id="faq-question-1731488629254">
  <strong class="schema-faq-question">What are the next price targets for HBAR?</strong> 
  <p class="schema-faq-answer">The next price targets for HBAR are $0.095 (38.20% Fibonacci level) and $0.1277 (50% Fibonacci level), based on weekly chart analysis.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1731488635513">
  <strong class="schema-faq-question">What support levels should HBAR traders watch?</strong> 
  <p class="schema-faq-answer">Key support levels are $0.050 and the 52-week low of $0.041.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1731488635769">
  <strong class="schema-faq-question">What are the key resistance levels HBAR must overcome?</strong> 
  <p class="schema-faq-answer">Immediate resistances are $0.06606 (23.60% Fibonacci level) and $0.0786 (50-week SMA). A breakout above these levels will confirm further bullish momentum.</p> 
 </div> 
</div>

HBAR Price Rally Targets $0.1277 After Trendline Breakout

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