- Crypto Tony predicts $HBAR could breakout above $0.27 with strong momentum.
- Overbought CRSI (77+) suggests a potential correction to $0.24 if volume drops.
- Network upgrades and SpaceX ties boost long-term $HBAR potential.
The cryptocurrency community is buzzing with optimism about Hedera’s $HBAR, following a detailed analysis from prominent trader Crypto Tony (@CryptoTony__).
In a post on X dated, Tony expressed a bullish stance, predicting a potential breakout if $HBAR flips above the critical $0.27 pivot point. This comes amid heightened market activity, with 24-hour trading volume surging 7.40% to $975.8 million (CoinGecko data), fueled by recent listings on Robinhood and network upgrades like versions 0.58.9 and 0.59, which enhance scalability and reliability.
The attached candlestick charts reveal a historical downtrend followed by a sharp upward spike, reflecting strong momentum. However, the Connors RSI (CRSI) at 77+ signals overbought conditions, raising concerns of a possible pullback to $0.24 if buying pressure wanes. The $0.27 level, calculated as a pivot from prior price lows and closes (CoinDesk, 2023), serves as a psychological and technical threshold. Historical data indicates that such pivots, when supported by robust volume—similar to HBAR’s past all-time high of $0.00003199 BTC—often trigger sustained bullish runs.
Supporting this optimism, Hedera’s ecosystem has seen significant developments in 2025, including the conclusion of Boeing’s four-year tenure on the Hedera Council in February, alongside plans for space-based applications via WISeSat in collaboration with SpaceX. These advancements, highlighted at HederaCon in Denver, could attract more developers and investors. Yet, traders are cautioned to watch for decisive volume above $0.27 and monitor liquidation risks below $0.26, as noted by analyst TimeSoul in the thread.
For investors, this presents a high-stakes opportunity. A successful flip above $0.27 could push $HBAR toward $0.30+, while failure might signal a bull trap. With open interest and sentiment climbing, the next few days will be critical. Stay tuned to CoinCryptoNewz for real-time updates.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
