Is It Too Late to Buy HBAR? Hedera (HBAR) Price Prediction

Hedera (HBAR) token broke out of its months-long downtrend from early 2024 this May. The breakout saw the market cap rise from below $7 billion to highs above $9.1 billion before settling back to about $8.71 billion today.

The token trades at $0.2067 at press time, down around 2% over the past 24 hours. Despite this price drop, trading volume has jumped 136%.

With this in mind, has the opportunity to buy HBAR been missed, or is this just the start of another upward move?

What the Chart and Indicators Are Saying

The HBAR chart shows a clear break above a long-standing descending trendline, which had been in place since early 2024. That resistance was finally breached in early May, just as the market cap climbed back above its 200-day SMA, which sits at $8.36 billion.

Since then, HBAR price has pulled back slightly, but both the trendline and the 200-day SMA are now acting as key support. This type of post-breakout retest is common in technical setups, and if these levels hold, it could mark the beginning of a larger bullish phase.

The nearest resistance is at the $9.1 billion level, with psychological resistance just above that at $10 billion.

On the technical side, all daily momentum indicators are flashing buy signals:

Relative Strength Index (14) is showing oversold conditions, with a reading of 36.70.

Moving Average Convergence Divergence (MACD) had a bullish crossover in early 2024 and remains in buy territory, with the 12-EMA trading above the 26-EMA.

Stochastic Oscillator is also showing oversold conditions, with %K and %D both below 20.

Hedera (HBAR) Price Forecast

If HBAR can continue to hold above the 200-day SMA near $8.36 billion and reclaim the $9.1 billion resistance zone, a move toward the $10 billion mark may follow. That could push the token’s price closer to the $0.23-$0.25 range in the short term.

However, if selling pressure builds and HBAR price slips below the SMA, support may be tested around the $7.2 billion level. A further breakdown would place the major support zone between $5.25 billion and $6.45 billion back into focus.

So, Is It Too Late to Buy HBAR?

Not quite. But it’s also not an early entry. The biggest gains from the April lows are likely behind. What traders are seeing now is a token that has broken resistance, found new support, and is consolidating while traders wait for direction.

If Hedera price maintains momentum above support and breaks resistance cleanly, buyers may get another strong move. If not, it could remain range-bound.

For long-term holders who believe in the Hedera ecosystem, this may still be an attractive zone. For short-term traders, patience and confirmation are key. It’s not too late, but it’s no longer a FOMO moment either.