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Home Blockchain

Hedera (HBAR) Price Eyes To Smash $0.40 With A 25% Surge In 7 Days?

by DigestWire member
January 7, 2025
in Blockchain, Crypto Market, Cryptocurrency
0
Hedera (HBAR) Price Eyes To Smash $0.40 With A 25% Surge In 7 Days?
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Hedera Price Analysis: Is The HBAR Price Rally Over With A 23% Drop?

The post Hedera (HBAR) Price Eyes To Smash $0.40 With A 25% Surge In 7 Days? appeared first on Coinpedia Fintech News

The HBAR price started the year 2025 on a strong bullish note by making its investors richer by over 20% within the first seven days. Moreover, its recent partnership with Hyundai and KIA to handle their carbon management system has acted as a catalyst in the price surge.

Considering the present market sentiments, will the Hedera price smash its ATH of $0.5701 and achieve a new high this altcoin season? This article consists of the short-term market sentiments, price analysis, and possible price targets of the 17th largest cryptocurrency.

HBAR Price Forms A Triangle Pattern, Tests Breakout!

With an intraday trading volume of $760.30 million, the Hedera price has maintained its positive price action by adding 6.67%. Notably, this altcoin has soared 20.76% this year, making it one of the best-performing altcoins of 2025.

Hedera Price Analysis 07th January 2025
TradingView: HBAR/USDT

The Simple Moving Average (SMA) supports the HBAR coin price chart in the 1D time frame since the year started. This highlights a strong bullish outlook for the altcoin this week.

Further, the MACD indicator records a constant decline in its red histogram. Moreover, its averages successfully display a positive crossover in the price chart. This indicates that the price of Hedera may continue gaining value in the upcoming time.

Will Hedera Price Hit $0.50 This Month?

Suppose, a bullish breakout occurs, under such a situation, the HBAR coin price could retest its important resistance level of $0.3370. Maintaining the value above that level could set the price for this altcoin to head toward its upper high of $0.393 this month.

On the flip side, if the bulls fail to breach the resistance level of the triangle pattern, this altcoin could retest its low of $0.278. Furthermore, if the bearish influence intensifies, this could pull the price of Hedera token toward its $0.25 mark.

Curious to find out if the Hedera price will achieve the $1 mark? Read CoinPedia’s HBAR Price Prediction to uncover the possible mysteries until 2030!

FAQs

How much will Hedera be worth in 2025?

If the bullish sentiment sustains, this altcoin could reach a maximum trading price of $0.80 during this year.

How much is HBAR worth?

With a market capitalization of $12.131 billion, the Hedera token is currently exchanging hands at $0.31740.

Can Hedera reach 5 dollars?

For the HBAR crypto token to achieve this milestone, it will require a surge of 1,475.3% in its present valuation.

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