HBAR Surges 41.66% Weekly as 2024 Breakout Pattern Repeats, Triggers $0.50 Target

Hedera (HBAR) is drawing renewed attention after its price chart displayed a technical pattern mirroring a key breakout observed in late 2024. Analyst Steph Is Crypto highlighted this development, noting that the current setup resembles the conditions preceding HBAR’s previous surge toward $0.35 [1]. The asset’s price has crossed from a bearish to bullish band on a Gaussian Channel indicator, a move that historically signaled upward momentum. With HBAR trading in the $0.19–$0.24 range, traders are closely monitoring the $0.24–$0.25 resistance level, which, if breached, could validate a continuation of the bullish trend [1]. Support remains strong near $0.14–$0.16, a critical zone for stabilizing further gains.

The technical case is bolstered by the recent completion of Hedera’s mainnet upgrade to version 0.63, which transitioned smoothly without disrupting staking or tokenomics [1]. Steph Is Crypto emphasized that such operational stability enhances network confidence, potentially reducing risks for buyers. While no direct causal link exists between upgrades and price movements, the absence of disruptions creates a more favorable environment for capital inflows.

Historical parallels suggest HBAR could target $0.30–$0.35 if the 2024 pattern repeats. The timing of this potential rally—4 to 5 weeks post-breakout—aligns with the timeframe of the previous surge [1]. However, mixed signals persist. A 30% recent price increase has been accompanied by bearish RSI divergence, raising concerns about waning momentum and a possible short-term pullback [2]. Additionally, the HBAR Fear and Greed Index entered daily fear territory in June 2025, contrasting with its avoidance of extreme fear levels during the 2024 rally [3]. These indicators suggest investors remain cautious, potentially delaying a sustained upward move.

Optimistic forecasts include a 70%+ rally to $0.38, driven by adoption growth and partnerships [4], while others cite a 17.11% daily gain and 41.66% weekly surge as evidence of a broader target toward $0.50 [5]. Analysts attribute this optimism to factors such as a 20M daily transaction milestone and expanding DeFi use cases [4]. Yet, risks remain, including regulatory uncertainty and geopolitical volatility [5].

Ask Aime: What's behind HBAR's latest breakout, and how should I act?

Traders are advised to monitor key levels around $0.25 for confirmation of trend continuation. A sustained break above this threshold could align with the 2024 pattern, unlocking further bullish potential. Conversely, a pullback to test support near $0.14–$0.16 might require reassessing entry points. The interplay between technical structure and market psychology will likely define HBAR’s near-term trajectory as it navigates this pivotal phase.

Source:

[1] [Hedera (HBAR) Price Chart Flashes Same Breakout Signal as 2024 – What Could Trigger the Next Rally?](https://coinmarketcap.com/community/articles/68816a95c5f9dd12659f97c8/)

[2] [HBAR breakout continuation faces test as RSI flashes bearish divergence](https://crypto.news/hbar-breakout-continuation-faces-test-as-rsi-flashes-bearish-divergence/)

[3] [Hedera Fear and Greed Index | Multiple Timeframes](https://cfgi.io/hedera-fear-greed-index/)

[4] [Best Cryptos To Buy Now: Hedera, Remittix, VeChain And ...](https://coincentral.com/best-cryptos-to-buy-now-hedera-remittix-vechain-and-pi-network-poised-for-big-ends-to-summer/)

[5] [0x(ZRX) Price Today, ZRX to USD Real-Time, Latest ...](https://stocktwits.com/symbol/ZRX.X)