HBAR Price Prediction: Will Hedera Break the $1 Barrier?

Hedera Hashgraph (HBAR) has shown impressive growth, with a 349% price increase over the past year, outpacing 83% of the top 100 cryptocurrencies. Recent rumors about Donald Trump buying HBAR and its potential inclusion in a U.S. strategic cryptocurrency reserve have sparked significant attention.

Looking ahead, Hedera price could continue to rise, with some predicting it could break the $1 mark by 2025.

Hedera (HBAR)  Price History

Currently priced at $0.3313, Hedera (HBAR) is down by just -0.05% in the last 24 hours. Despite this slight dip, HBAR has been active, with 1.21 billion coins traded, totaling a significant $402.36 million in trading volume across 33 exchanges.

Opening the day at $0.3268, HBAR has seen a 1.38% increase from the starting price, rallying briefly to $0.3380. However, it encountered resistance and couldn’t maintain the momentum for a higher push. Over the past 7 and 30 days, HBAR has experienced some fluctuations—down -13.56% from the highest value but up by 28.61% from its lowest over the past 30 days and 5.88% over the past week.

Technical Analysis:

• The 50-day Simple Moving Average (SMA) is at $0.3015, reflecting short-term trends, while the 200-day SMA at $0.1292 offers a broader view.
• Short-term momentum is bullish, with the 5-day and 20-day SMAs showing a positive crossover. Medium-term indicators, like the 20-day and 50-day SMAs, also suggest strength. A bullish crossover between the 50-day and 200-day SMAs signals potential long-term strength.

The Ichimoku Cloud chart for Hedera (HBAR) shows a bullish breakout above the cloud, signaling a favorable price zone. The green cloud ahead (Senkou Span A above Senkou Span B) suggests potential support during a retracement, while the upward trends of the Tenkan-sen (blue line) and Kijun-sen (red line) reflect strong short-term momentum in line with the broader bullish outlook.

With HBAR clearing the cloud and both indicators showing bullish alignment, the uptrend looks set to continue.However, if the price dips back into the cloud, it may signal consolidation or weakening momentum. In that case, the green cloud below could provide support, maintaining the overall bullish structure.

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HBAR 2024 Performance Highlights

In 2024, Hedera’s market cap jumped from $1.6 billion to $12 billion, surpassing Polkadot, Uniswap, and Aave. However, the year wasn’t without setbacks, including an April price correction caused by premature rumors of Hedera’s involvement with BlackRock. Despite this, HBAR’s price rebounded in November. Key developments like the Nairobi Securities Exchange joining the Hedera Council for tokenization in Kenya’s markets, and the unveiling of Verifiable Compute by EQTY Lab, Intel, and NVIDIA, point to significant growth. These events have yet to directly affect HBAR’s price but set the stage for a strong 2025. HBAR looks poised for steady returns in the year ahead.

HBAR Price Prediction

Hedera simplifies the tokenization of both real-world and digital assets, making them liquid, fractional, and transparent for better trading and access. By the end of 2025, HBAR's recovery is anticipated to continue, with momentum gradually increasing. Coinpedia price forecast suggests a potential high of $0.80, with solid support around $0.40, resulting in an average price of $0.60.

Conservative market estimates from commentators like the HBAR Bull and David from Sin City Crypto suggest that $1 is a realistic price target for HBAR. This is driven by the growing interest in tokens with real-world use cases, as investors increasingly seek assets with utility.

HBAR's price is on a recovery path, with steady momentum expected to build through 2025. As the market evolves, HBAR’s future seems promising with continued upward movement.