Here’s How High Hedera (HBAR) Price Can Go This Week
Hedera has quietly stayed on traders’ radars, even as the broader market has leaned bearish. The HBAR price is sitting around $0.09076 right now, and despite the pressure across altcoins, interest in Hedera hasn’t really dropped off. That’s largely because a lot has been happening around the project at the same time price has been pulling back.
Over the last few days, Hedera picked up attention as a top sub-$1 altcoin after a strong January performance, was pulled into conversations around potential institutional products, and expanded its reach through a new McLaren Racing partnership. It’s an interesting mix of strong fundamentals meeting a market that’s still clearly cautious.
Enterprise Adoption Keeps Hedera in the Conversation
One thing Hedera continues to have going for it is its enterprise focus. The network’s governance model and low-cost, fast finality make it attractive for regulated use cases. Ongoing upgrades and work with large financial institutions keep that narrative alive, even during weaker market conditions.
That background helps explain why the HBAR price hasn’t completely unraveled. Selling pressure has been there, but price has spent more time stabilizing than free-falling, which stands out given how many altcoins have struggled recently.
What the HBAR Chart Is Showing Right Now
If we take a look at the 4-hour chart, we can see that HBAR is still in an overall decline, with lower highs and lower lows established. The price recently made a dip down to $0.0835 before bouncing back to $0.09076. That bounce hints at demand showing up near support.
Source: CoinAnk
The current value of the RSI is around the low 30s on this chart, which means that selling pressure has been quite high. The OBV has also been declining recently.
At the same time, volume picked up during the sharp drop, which often shows sellers rushing rather than calmly unloading. Put together, the indicators indicate downside pressure may be losing pace, even if buyers haven’t fully taken control yet.
Read Also: Stop Staring at the HBAR Chart: This Is Why Hedera Wins When Volatility Hits
HBAR Price Levels to Watch This Week
As long as HBAR trades above the $0.088–$0.090 band, the next target remains at $0.096. If HBAR manages to trade above this area, the next target will be at $0.102.
However, if HBAR manages a decent breakout, then the next targets will be at $0.108–$0.110, depending on the overall market conditions. But if HBAR trades below $0.088, then the next area of interest will be at $0.083–$0.085. A clean break below that zone brings $0.078 into view as the next area where buyers may step in.
For now, the HBAR price is in wait-and-see mode. The fundamentals keep the story alive, but the chart says this week is more about defending support and seeing if sellers finally ease off than chasing big upside moves.
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The post Here’s How High Hedera (HBAR) Price Can Go This Week appeared first on CaptainAltcoin.
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