$HBAR HBAR trading at $0.2066, showing a 3.68% rise over the past week despite subdued trading volume.

Technical analysis suggests a cautiously bullish setup, with price targets extending to $0.41.

Market forecasts indicate a potential average price of $0.25 by May 2025, with upside to $0.46 by year-end.

Hedera (HBAR) is currently trading at $0.2066 following a small 1.04% increase in the past 24 hours. Although trading volume plunged by a considerable 100% to $230.01M, analysts are optimistic. The token has increased 3.68% in the past week, and price action remains just below a significant resistance area at $0.21, just shy of that which should push price into further upward shifts. Crypto analyst VipRoseTr has highlighted a descending triangle from mid-2024 through May 2025, indicating potential trend change. A typically bearish pattern, this includes a flat support at $0.10 and decreasing resistance line from the $0.30 zone. However, current action includes a bounce off support, indicating a potential break higher. Fibonacci extension levels put near-term targets at $0.27, $0.34, and $0.41, corresponding to analyst predictions.Volume confirmation further supports the possible upturn. Selling pressure has abated as HBAR approached its support level, lending strength to the breakout thesis. But be careful: a firm fall below $0.10 would spoil this setup and could lead to further losses. HBAR price forecast for January surge and early 2025 dipMultiple forecasts for the market present a complicated scenario for HBAR for the rest of 2025. A January spike to $0.38 and then a decline below $0.26, the first since early 2021, is predicted by DigitalCoinPrice. However, optimism prevails, with projections rising as high as $0.46 as well as $0.57 at the end of the year. Analysts project that HBAR will recover its all-time high if overall conditions in the broader market are stable.On the other hand, Changelly’s projection tends to be more cautious. Its technical estimate provides a trading range between $0.2409 and $0.2938 for 2025, averaging $0.2510.#writetoearn