HBAR Price Breakout Potential and Market Resilience Amid Volatility

HBAR has been consolidating within a technical pattern for several months, showing signs of a potential breakout supported by bullish divergences in the Money Flow Index.

Institutional adoption and hashgraph technology are positioning HBAR for potential growth, despite ongoing bearish pressure in the broader altcoin market.

A breakout above $0.1042 could trigger a 32% price increase toward $0.129, while a confirmed breakout from the descending broadening wedge projects a 43% rally toward $0.146.

HBAR has remained under selling pressure for months, trading within a descending channel that has limited upside attempts. Despite this, the Money Flow Index is showing bullish divergences, suggesting rising buying pressure as selling momentum fades.

Technical indicators such as the Chaikin Money Flow and RSI divergence suggest that institutional buyers may be accumulating HBAR. This divergence indicates growing inflows despite price weakness, increasing the likelihood of a rebound once selling pressure eases.

A confirmed breakout from the current pattern would validate bullish signals and push HBAR toward higher resistance levels. However, continued bearish pressure from Bitcoin and broader market weakness could override these positive indicators.

What is HBAR's current price pattern and potential for a breakout?

HBAR is currently trading near $0.091, having moved within a descending broadening wedge for roughly a month. This pattern formed after a failed breakout attempt in mid-January and could resolve with a strong directional move. A confirmed breakout from the wedge projects a 43% rally toward $0.146, a level that reflects a broader bullish macro scenario.

Price action suggests that demand is emerging near support zones, particularly around the $0.085–$0.090 range. If HBAR reverses from this area, resistance could come into focus around $0.108–$0.110, while a sustained move below $0.088 would expose the $0.083–$0.085 zone.

HBAR has also been consolidating above its breakout area, indicating that the market has flushed out weak hands. Analysts are monitoring whether this consolidation leads to follow-through strength toward a potential $0.504 price target.

How are technical and on-chain indicators shaping HBAR's near-term outlook?

The Chaikin Money Flow indicator has shown a notable divergence, with CMF forming lower highs while HBAR price printed lower lows. This pattern signals growing inflows despite a decline in price, suggesting that investors are accumulating while the price remains suppressed.

HBAR’s RSI has dropped below the 30.0 threshold, placing the asset in oversold territory. Oversold conditions often indicate selling exhaustion rather than sustained weakness, and historically, assets trading at these levels experience a slowdown in sell orders.

The drawdown chart suggests that most of the forced selling has already occurred, with the market now in a quieter, more compressed state. If this stability continues, a move toward $0.504 may become more likely.

HBAR’s 4-hour support is holding between $0.085 and $0.090, while the 100-period moving average near $0.102–$0.105 acts as a ceiling. The RSI is subdued, signaling that momentum has cooled significantly.

What factors could influence HBAR's price movement and market sentiment?

HBAR's price has weakened its correlation with Bitcoin, suggesting the recent drop is driven more by internal dynamics than broad market trends. This indicates that the move is not solely a reflection of the broader crypto market but could be influenced by internal factors within the HBAR ecosystem.

HBAR has rebounded 8.85% on the day but remains below key moving averages, indicating ongoing bearish pressure. The price is also trading below the Ichimoku Kijun at $0.1026, reinforcing the bearish bias.

HBAR's potential growth is also being influenced by institutional adoption and development activity. Institutional adoption by Google, IBM, and Citigroup supports the network's credibility and real-world applications. Hedera's hashgraph technology offers faster transactions and enhanced security compared to traditional blockchains, making it attractive for cross-border finance and asset tokenization.

Despite the broader crypto market sell-off, DeFi's total value locked (TVL) has only dropped 12% to $105 billion, showing surprising resilience. This indicates ongoing confidence in yield farming despite negative sentiment.

HBAR's price could also be influenced by broader market trends, particularly Bitcoin's recovery to $70,000. Analysts warn that prices may yet dip after the latest relief rally. A potential bearish acceleration is likely after another relief rally, with this based on Bitcoin's historical chart patterns.