HBAR Crypto Close to Bull Run, Eyes 35% Uptick

Key Insights:

• HBAR crypto has successfully retested its breakout area, paving the way for an upside rally.
• A crypto expert has made a bold prediction that HBAR could soar to $0.23 and even $0.33 in the coming days.
• Binance’s HBAR long/short ratio has reached 2.13, the highest level since June 2025.

The sentiment and overall market structure for Hedera (HBAR) have shifted following the recent breakout. Additionally, the asset has opened the path for a massive upside rally. In light of these developments, HBAR crypto has been garnering significant attention from experts, many of whom are making bold predictions.

HBAR Crypto Price and Current Market Sentiment

HBAR crypto was trading near $0.16 at press time and had experienced a modest gain of 2.75% in the past 24 hours. Following the recent breakout and bullish chart pattern, investor and trader participation has skyrocketed in the asset.

Data shows that HBAR has recorded an impressive 17% surge in trading volume during the same period.

The notable surge in trading volume and the price increase suggest the potential for substantial gains. This comes alongside a successful breakout driven by strong user participation.

Will HBAR Reach $0.33? Expert Bold Prediction

Given the current market sentiment and overall structure, experts are making bold predictions, many of which have recently surfaced on X (formerly Twitter).

On July 7, 2025, a well-followed crypto analyst shared that HBAR crypto has just printed a clean double bottom. Additionally, the expert noted that HBAR is currently testing the breakout zone. He further noted, “A Break above $0.17 could send it flying. Targets: $0.23 and $0.33.”

This bold prediction by experts has gained massive attention from crypto enthusiasts, as it suggests a potential 100% price surge, nearly double the current price level.

HBAR Crypto Technical Analysis and Key Levels

According to expert technical analysis, HBAR crypto turned bullish following the breakout from a descending channel pattern and further strengthened its bullish structure by retesting the breakout area.

Based on recent price action, if HBAR holds its recent gains and stays above the $0.155 level, it could surge by 35% and potentially reach the $0.22 level in the near future.

During this rally, the $0.18 and $0.20 levels may act as resistance and could temporarily pause the upward momentum.

However, if the current market sentiment shifts and HBAR falls below the $0.15 level, it would signal a potential trend reversal. In that case, HBAR could experience a 13% decline and drop to the $0.133 level.

Technical Analysis: EMA and RSI Insights

Despite all these bullish outlooks, HBAR crypto is still trading below the 200-day Exponential Moving Average (EMA) on the daily timeframe.

This suggests that the asset remains in a downtrend, and under such conditions, investors and traders typically look for selling opportunities when the price approaches this level.

Meanwhile, the Relative Strength Index (RSI) stands at 54, indicating that the asset has just moved above the neutral zone and is currently heading toward the overbought area. This suggests that the asset still has enough room to continue its upside momentum in the coming days.

68% HBAR Traders Go Long

Given the current market sentiment, traders have shown strong interest in the asset, as the on-chain analytics firm Coinglass revealed.

The Binance HBARUSDT long/short ratio at press time stands at 2.13, indicating a strong bullish sentiment among traders.

This metric further reveals that 68.07% of top Binance traders currently take long positions, while 31.93% are betting on short positions.

When combining these metrics with the recent price action, the bulls are currently dominating the asset and are pushing the HBAR price to higher levels.

Disclaimer

This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.