The ongoing BTC correction continues to weigh on the stagnating altcoin market, and HBAR, which saw the most significant price surge since late 2024, is no exception.
As I anticipated in my previous articles, HBAR briefly dropped to 17 cents before rebounding. However, the correction doesn’t appear to have fully bottomed out yet:
[Prevous articles]
I expect HBAR to break below its recent 17-cent low before recovering strongly toward a new all-time high.
Looking ahead, I anticipate HBAR will reach at least 70 cents this year, potentially surpassing $1 by 2026, as a bullish dragon pattern has formed on the weekly chart. For a detailed analysis of this pattern’s strength, please refer to my previous articles:
[Previous article]
That said, before this major uptrend, we might have to—or rather, have the opportunity to—see HBAR dip below 15 cents.
I see the 14-15 cent range as likely, with a possible drop to 12 cents due to the presence of a weekly fair value gap (FVG). As a dedicated HBAR HODLer, I welcome lower prices, but aiming for the 8-cent FVG might be overly ambitious, considering the already promising 5x potential from 14 cents to 70 cents.
As I anticipated in my previous articles, HBAR briefly dropped to 17 cents before rebounding. However, the correction doesn’t appear to have fully bottomed out yet:
[Prevous articles]
I expect HBAR to break below its recent 17-cent low before recovering strongly toward a new all-time high.
Looking ahead, I anticipate HBAR will reach at least 70 cents this year, potentially surpassing $1 by 2026, as a bullish dragon pattern has formed on the weekly chart. For a detailed analysis of this pattern’s strength, please refer to my previous articles:
[Previous article]
That said, before this major uptrend, we might have to—or rather, have the opportunity to—see HBAR dip below 15 cents.
I see the 14-15 cent range as likely, with a possible drop to 12 cents due to the presence of a weekly fair value gap (FVG). As a dedicated HBAR HODLer, I welcome lower prices, but aiming for the 8-cent FVG might be overly ambitious, considering the already promising 5x potential from 14 cents to 70 cents.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.