Crypto News Focus

Hedera Surges 125% Can It Follow XRP to a New All-Time High?

Hedera (HBAR) has been making waves in the crypto market with an impressive 125% surge in less than a month. Currently trading just 40% below its cycle high, the question on many traders’ minds is whether HBAR can break above key resistance levels and reach a new all-time high, following a trajectory similar to XRP.

Hedera (HBAR) Price Momentum Builds Strong

HBAR’s recent rally began after bouncing off strong support around $0.125, triggering a parabolic upward move. The weekly charts show that HBAR has now created its fourth consecutive bullish weekly candle, signaling sustained buying pressure.

Key resistance levels lie between $0.300 and $0.340, where both long-term diagonal and horizontal resistance converge. Breaking through this zone could unleash a larger rally, propelling HBAR to record highs.

HBAR / USDT PRICE CHART FOR 7 DAYS PERIOD
HBAR/USDT Weekly Chart

Supporting this bullish view, momentum indicators such as the Relative Strength Index (RSI) remain above 50, while the Moving Average Convergence Divergence (MACD) is positive. These indicators previously signaled the start of the current bull run in October 2023, hinting that the best may be yet to come for HBAR.

Short-Term Correction Possible but Not a Threat

Despite the strong long-term outlook, short-term charts indicate a potential local top formation. Analysis of the six-hour chart suggests the recent price rise might be either a corrective wave or a five-wave impulse structure, with Fibonacci ratios hinting at overextension.

HBAR/USDT Six-Hour Chart

Bearish divergences in RSI and MACD warn of a possible pullback toward minor support near $0.240. Such a correction would be healthy, offering a pause before the next upward leg.

Hedera Outperforms Bitcoin and Mirrors XRP

HBAR’s strength is also evident in its performance against Bitcoin. The HBAR/BTC pair recently broke out of diagonal resistance and reclaimed a crucial level at 220 satoshis, with momentum indicators turning bullish. The next resistance sits around 330 satoshis, suggesting further upside potential.

Moreover, HBAR’s price action closely resembles that of XRP since early 2023. Though HBAR lagged during early 2025 corrections, it is now catching up, hinting that it may follow XRP’s footsteps to a new all-time high.

Conclusion: The Best Is Yet to Come for HBAR

Hedera’s strong price momentum, supportive technical indicators, and favorable comparisons with XRP create a compelling bullish case. While a short-term dip is possible, breaking above the $0.340 resistance zone could open the floodgates for a major rally. Given its growing strength against both USDT and Bitcoin, HBAR is well-positioned to lead the next crypto market surge.

Investors and traders should watch for key breakout signals as Hedera eyes new heights in the months ahead.

ALSO READ:Understanding Pi Network’s Second Migration Delay

DISCLAIMER:
The views and opinions expressed herein are solely those of the author  and do not necessarily reflect the views of the publisher. The publisher does not endorse or guarantee the accuracy of any information presented in this article. Readers are encouraged to conduct further research and consult additional sources before making any decisions based on the content provided.

Exit mobile version