Hedera (HBAR) Price Shows 2% Decline, Potential 66.67% Gain Awaits

Hedera (HBAR) has long been a focal point for investors due to its innovative approach to distributed ledger technology, which promises faster and more secure transactions compared to traditional blockchains. However, its price movements have been volatile, with sharp rallies and steep pullbacks. As July 2025 approaches, investors are speculating whether HBAR is poised for a significant breakout or if recent gains are merely temporary.

The daily chart of HBAR/USD reveals a recent bearish trend followed by a mild recovery. Currently trading around $0.1535, the price shows a slight 2% decline for the day but indicates a small uptrend from last week’s lows near $0.12–$0.13. The chart suggests that HBAR found strong buying support near $0.12, bouncing twice from this region, which could form a potential double bottom and act as a reversal signal if confirmed by a breakout above resistance.

The Relative Strength Index (RSI) is currently at 48.23, just below the neutral 50 level. An RSI under 50 generally indicates mild bearish conditions, but the recent upward curve suggests that buyers are attempting to regain control. The RSI dipped to around 30 in late June, signaling oversold conditions, and has since climbed back nearly 20 points, aligning with the recent price bounce. This shift in momentum favors buyers, but confirmation requires a sustained push above the 50 RSI level.

Key support and resistance levels for HBAR include immediate support at $0.12, strong resistance at $0.16–$0.17, and the next resistance at the psychological level of $0.20. If HBAR breaks above $0.16 and holds, it could retest $0.20. Conversely, losing $0.12 may open a path to $0.10 or even the psychological $0.05 zone if panic selling occurs.

If HBAR rebounds from $0.12 and retests $0.20, that would represent a gain of approximately 66.67%. However, if momentum weakens and sellers reject the $0.16 mark again, HBAR could revisit $0.12, making tight stop-losses advisable for traders betting on a breakout.

HBAR’s price action shows early signs of recovery but is not yet confirmed. The RSI needs to break above 50 decisively, and daily candles must close above $0.16 with volume. Hedera remains in a make-or-break zone, with buyers testing the waters but needing a clear breakout to signal a trend reversal. If bulls build momentum and flip $0.16 into support, a summer rally toward $0.20 or higher could unfold. Until then, traders and holders should watch for RSI strength, daily closes, and volume spikes to confirm any bullish breakout. The next two weeks will be crucial for HBAR traders and holders alike.