HBAR Price Prediction 2024-2033: Hedera Hashgraph Soon to Retest its ATH?

Hedera Hashgraph (HBAR) cryptocurrency is one of the altcoins that enjoyed a bullish trend from the beginning of 2021 to the end of March 2022. As a result, many crypto traders have taken an interest in the digital coin since its blockchain technology shows many prospects of becoming a force to reckon with within the blockchain industry. 

Every crypto investor asks the question: When will HBAR’s price rise again? Despite the overall bear market and what happened with LUNA, everyone can clearly see that HBAR Coin has strong buying potential. Now, many indicators are indicating a bullish trend. With the positive perception of HBAR, we might see this scenario happening sooner than predicted: a retest of its all-time high.

Overview

Cryptocurrency Hedera Hashgraph
Token HBAR
Current Price $ 0.109425
Market Cap $3,898,901,063
Trading Volume $79,663,681
Circulating Supply 35,738,995,211 HBAR
All-time High $0.5701
All-time Low $0.01001
24-hour High $0.1108
24-hour Low $0.1063

HBAR Price Prediction: Technical Analysis

Metric Value
Volatility (30-day Variation) $ 0.148957 (35.38%)
50-day SMA 12.73%
100-day SMA $ 0.102964
Sentiment 53.97
Fear & Greed Index Bullish
Green Days 15/30 (50%)

HBAR price analysis: HBAR showcases moderate volatility

TL;DR Breakdown

  • HBAR price analysis shows a neutral momentum
  • HBAR trades in a range of $0.09 to $0.128

HBAR price analysis 1-day chart: HBAR experiences resistance near $0.1159

The daily chart for Hedera Hashgraph (HBAR) against the US Dollar depicts a phase of stabilization after a volatile period. Currently, HBAR trades at approximately $0.1013, within a Bollinger Band range of $0.1067 (upper) and $0.0974 (lower), suggesting moderate volatility. The market has witnessed some resistance near the $0.1159 level and support around $0.0974, which aligns with the lower Bollinger Band.

The Relative Strength Index (RSI) stands at 53.00, indicating a neutral market momentum, neither overbought nor oversold. This neutral RSI, coupled with the price oscillating around the mid-line of the Bollinger Bands, suggests a potential for sideways movement in the short term unless a significant market catalyst emerges to drive the price beyond the current tight range.

HBAR/USD 4-hour price chart: HBRA price consolidates near $0.11

The 4-hour chart for Hedera Hashgraph (HBAR) against the US Dollar shows the cryptocurrency trading within a narrow range, indicating a period of consolidation. The price is hovering around $0.1109, with the Bollinger Bands (upper at $0.1132 and lower at $0.1046) reflecting low volatility and tight trading conditions.

The Moving Average Convergence Divergence (MACD) is currently flat near the zero line, suggesting a lack of momentum and direction in the market. This is further evidenced by the recent MACD histogram bars, which are small and close to zero, indicating minimal disparity between the MACD line and the signal line.

Overall, HBAR’s price action on this 4-hour chart presents a market in equilibrium, with potential resistance at $0.1132 and support at $0.1046. Traders should watch for a breakout above or below these levels to indicate a new directional trend.

What to expect from HBAR price analysis next?

The 1-hour chart for Hedera Hashgraph (HBAR) against the US Dollar indicates a relatively flat trading pattern, with the price tightly bound between $0.1104 and $0.1120. Currently, HBAR is trading at approximately $0.1113, showing a slight increase of 0.55%.

The Bollinger Bands are narrow, showcasing low volatility with no price movement. The Moving Average Convergence Divergence (MACD) shows a slight bullish crossover as the MACD line (blue) crosses above the signal line (orange), suggesting a mild upward momentum.

Overall, the market sentiment on this timeframe appears cautiously optimistic but restrained. There is immediate resistance near the upper Bollinger Band at $0.1120 and support at the lower band at $0.1104. Traders should monitor these levels for potential breakouts, which could signal more decisive price movements.

HBAR Technical Indicators: Levels and Action

Period Value ($) Action
SMA 3 $ 0.111351 SELL
SMA 5 $ 0.108488 BUY
SMA 10 $ 0.107972 BUY
SMA 21 $ 0.104553 BUY
SMA 50 $ 0.102964 BUY
SMA 100 $ 0.104453 BUY
SMA 200 $ 0.086942 BUY

Daily Exponential Moving Average

Period Value ($) Action
EMA 3 $ 0.110682 BUY
EMA 5 $ 0.110005 BUY
EMA 10 $ 0.107930 BUY
EMA 21 $ 0.104995 BUY
EMA 50 $ 0.103580 BUY
EMA 100 $ 0.099564 BUY
EMA 200 $ 0.089632 BUY

Is HBAR a good investment?

Hedera Hashgraph distinguishes itself with its hashgraph consensus algorithm, which promises higher speed, security, and scalability than traditional blockchain technologies. This positions HBAR as a potentially innovative player in distributed ledger technology, catering to various applications, including smart contracts and decentralized applications (dApps).

Our price prediction will show if this coin will gain value in the next few years.

Recent news on HBAR Coin

  • Hedera Hashgraph recently revealed it has processed 50 Billion transactions. The blockchain protocol experienced a massive uptick i the Q1 of 2024.
  • HBAR has announced support for Hedera Token Service in the Hedera Wallet Snap for Metamask. This allows Web3 enthusiasts & developers to introduce new tokens on the Hedera network through MetaMask.

Hedera Price Prediction May 2024

Hedera Price Prediction Potential Low ($) Average Price ($) Potential High ($)
Hedera Price Prediction May 2024 $0.11 $0.11 $0.11

Hedera Price Prediction 2025-2030

Year Potential Low ($) Average Price ($) Potential High ($)
2025 $0.23 $0.26 $0.27
2026 $0.31 $0.36 $0.38
2027 $0.41 $0.45 $0.49
2028 $0.41 $0.45 $0.49
2029 $0.50 $0.54 $0.58
2030 $0.71 $0.76 $0.79

Hedera Market Price Prediction: Analysts’ HBAR Price Forecast

Firm 2024 2025
DigitalCoinPrice $0.23 $0.27
Cryptopredictions $0.2028 $0.253
  • CoinCodex predicts that by 2025, the price of HBAR could reach a high of $0.505 and a low of $0.105.
  • GOV.Capital predicts that by 2025, the price of HBAR could reach a high of $0.0034 with a low of $0.0033.

Cryptopolitan’s Hederah Hashgraph (HBAR) Price Prediction

HBAR has been up by 29% over the last 30 days, and there are signs of going higher. It will achieve a high of $0.11 in the second half of 2024. In 2025, it will range between $0.23 and $0.27, with an average of $0.26. Note the predictions are not investment advice. Seek independent professional consultation or do your own research.

Hederah Hashgraph Historic Price Sentiment

  • The year 2019 started with a negligible price figure which remained consistent for the initial months.
  • By September 2019, the closing price ranged between $0.03 and $0.05.
  • Price trends fluctuated significantly throughout the year, dropping to $0.01 by the end of 2019.
  • The year began with a price of $0.01, staying stable through the first month.
  • In February, the price surged, fluctuating between $0.02 and $0.07.
  • By mid-2020, the price had stabilized at $0.04, but dropped to $0.03 by year-end.
  • HBAR opened the year at $0.03, remaining steady for the first few days.
  • The price significantly increased to $0.1 by the first week of February, driven by early January’s continuous network efforts.
  • Following Google’s announcement of joining its governing council, the HBAR price soared by 300% to an all-time high (ATH) of $0.5059.
  • Amid oscillations and speculations about a crypto ban and the Federal Reserve’s interest rate tapering, HBAR’s price declined to $0.224 by the close of the year.
  • HBAR began 2024 with modest prices, gradually rising as the year progressed.
  • On April 23, 2024, HBAR experienced a major surge, peaking at $0.155531 due to dynamic market factors and possible positive news within the Hedera network​ (CoinCodex)​.
  • The price reached its highest at approximately $0.179297 on April 25, 2024, likely influenced by ongoing developments and investor reactions to network activities​ (CoinCodex)​.
  • After hitting its peak, HBAR’s price underwent a correction, a common trend following steep inclines in cryptocurrency markets.
  • By early May, the price began to stabilize, hovering around $0.110 to $0.115, indicating a settling market after earlier volatility​

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