September 17-18, plus short/medium term. This is not investment advice, just a technical view to help you make your own decision.
Current Situation
HBAR is trading around $0.235-$0.240 USD. TradingView+3CoinCodex+3Blockchain News+3
Technical indicators: RSI is neutral (~50), some MACD and momentum indicators are starting to turn slightly bullish. Blockchain News+3CoinCodex+3Blockchain News+3
Key resistance is around $0.25-$0.26. Key support is in the $0.21-$0.22 area. CoinCodex+3Blockchain News+3Blockchain News+3
Short-Term Outlook (17-18 Sep)
For the next 1-2 days (17-18 Sep), here are likely scenarios:
ScenarioBullish CaseBearish CaseUpside potentialIf HBAR breaks above resistance ~$0.245-$0.25, it could test ~$0.26. A move above that might push toward ~$0.28. Volume would need to support the breakout. If it fails to break above $0.245 and resistances hold, the price may drop back toward support around $0.22-$0.21. A break below support could take it lower, possibly toward $0.20 or even lower. Key levels to watch: Resistance: ~$0.245-$0.25. If cleared, next resistance ~ $0.26-$0.28.Support: ~$0.21-$0.22. If broken, next floor near ~$0.19-$0.20.Signals/triggers: Watch: Watch for MACD histogram turning more strongly positive, RSI rising above ~60, rising trading volume on up-moves.Watch for bearish candlestick patterns (e.g., reversal or rejection near resistance), falling momentum, RSI creeping down, and increased selling volume.
Medium Term (Weeks to 1 Month)
Many analysts expect that HBAR could rally into the $0.26-$0.35 range if resistance levels are broken and bullish momentum continues. Blockchain News+2CoinDCX+2
If bullish continuation fails, a fallback toward $0.21 or lower could happen. Some patterns (e.g., head-and-shoulders) warn of potential downside risk. CCN.com+1
A confirmed break above $0.265 seems to be a turning point many are watching: if that happens, it could open up larger gains. CCN.com+2Blockchain News+2
Prediction for 17-18 Sep
Putting all this together, here’s a reasonable forecast for 17-18 Sep:
Likely trading range: $0.225 to $0.255, depending on whether bulls manage to push above resistance.
More probable outcome: small upward move toward $0.25, possibly testing resistance. Unless strong selling pressure, it may stay rangebound between $0.22-$0.25.
If bearish pressure emerges, watch for a drop toward $0.21-$0.22.
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