Hedera (HBAR) Coin: Latest Price Analysis and Prediction Back to $0.23?

Bittime - Hedera (HBAR) has shown price consolidation in recent weeks, with a modest increase of 3.8% in the last seven days. This token is trying to maintain a market capitalization above $11.5 billion (around IDR 186,300,000,000), even though market momentum is showing signs of weakening.

Analysis of Ichimoku Cloud HBAR

The Ichimoku Cloud chart for Hedera currently reflects a mixed setup. The price is trading close to a red cloud, signaling a period of uncertainty as the market struggles to establish a clear direction.

While the green cloud ahead indicates potential bullish momentum, the price position close to the red cloud indicates the need for further confirmation to strengthen the uptrend.

The blue Tenkan-sen (conversion line) is trending downwards and is getting closer to the orange Kijun-sen (baseline), indicating weakening short-term momentum.

In order for the price of HBAR to regain its upward trajectory, it must move decisively above the cloud and maintain its position. 

Source: TradingView/@Tiago Amaral

Conversely, if the price breaks below the cloud, this could signal a bearish shift, potentially leading to further declines.

Read too HBAR Coin Price Prediction 2025, Can You Make It Rich?

HBAR Price Prediction: Will Hedera Return to $0.23 (Rp 3,726) in January?

Currently, HBAR price is consolidating between the key support level at $0.274 (around Rp. 4,440) and resistance at $0.311 (around Rp. 5,050). A few days ago, HBAR formed a golden cross, but the HBAR price was unable to break through the resistance at around $0.32 (around Rp. 5,184).

If the ongoing uptrend regains strength and manages to break the $0.311 resistance, Hedera could see further upside momentum, potentially testing the next resistance at $0.338 (around Rp. 5,486).

Source: TradingView/@Tiago Amaral

However, if the support at $0.274 fails to hold, the current trend could reverse into a downtrend. In such a scenario, HBAR price may face additional selling pressure, pushing it to test the next support level of $0.233 (around Rp. 3,785).

Read too How to Buy Hedera (HBAR)

Latest HBAR to IDR prices

HBAR ke IDR via Market Endtime

HThe price of Hedera (HBAR) is currently at IDR 4,969 for 1 HBAR Coin, with relatively stable price fluctuations in recent times. The Bollinger Bands indicator shows that the price is moving within a narrow range, indicating consolidation. 

Stochastic RSI is around 48.85, indicating that HBAR is not in overbought or oversold conditions, while MACD is showing a positive signal with the MACD line (blue) above the signal line (orange), which could indicate bullish potential in the future. 

However, the low trading volume (8,328 HBAR) indicates that market interest may be starting to decline, so it is necessary to watch out for further price movements.

HBAR Trend: Uptrend with Potential for Change

Currently, HBAR is still in an uptrend, but mixed signals from technical indicators indicate the possibility of either a continuation of the rally or a reversal. Traders are closely monitoring whether HBAR can break the key resistance level or if it will test the lower support zone.

The Average Directional Index (ADX) for Hedera is currently at 35.9, reflecting strong trend strength, although down slightly from 37.7 a few hours ago. ADX measures trend strength on a scale of 0 to 100, with values ​​above 25 indicating a strong trend and values ​​below 20 indicating weak or no momentum.

The current levels suggest that HBAR price is still experiencing a strong uptrend, although a small decline in ADX hints at a potential easing of momentum.

Conclusion

Hedera (HBAR) shows attractive potential in early 2025, with technical analysis indicating both the opportunity for a continuation of the uptrend and the risk of a reversal. Investors are advised to monitor price developments and technical indicators regularly to make informed investment decisions.

FAQs about Hedera (HBAR)

1. What is Hedera (HBAR)?

Hedera (HBAR) is a blockchain platform designed to enable the development of decentralized applications (DApps) at high speed and low cost. HBAR is the native token of the Hedera network, used to pay transaction fees and as a tool to secure the network.

2. What is the current price of HBAR in Rupiah?

Currently, HBAR prices range between $0.274 (around Rp. 4,440) to $0.311 (around Rp. 5,050). These prices can fluctuate rapidly, so it is important to monitor price movements in real-time via a trading platform or cryptocurrency website.

3. What affects the price of HBAR?

The price of HBAR is influenced by various factors, including market supply and demand, Hedera-related news and developments, as well as general cryptocurrency market conditions. Technical indicators such as ADX and Ichimoku Cloud can also provide insight into potential future price movements.

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Reference

Tiago Amaral, Hedera (HBAR) Price Faces Mixed Momentum as Traders Eye Key Levels, Accessed January 6, 2025