Hedera Price Prediction: Up 30% in Weeks! Here is Why AllinCrypto April 25, 2025
- Hedera HBAR price rose 30% from $0.16 to $0.19 on Friday, in line with the broader market recovery.
- Hedera HBAR chart confirming the falling wedge with the potential $0.40 price target
- Stablecoin issuer Circle is up 30% this week, the USDC issuer’s latest payments
Hedera Hashgraph, a leading enterprise-grade DLT, governed by companies like Google, Dell, and IBM, Token HBAR Rallies 30% in a matter of weeks.
People are asking why this is happening. Here at Allincrypto, we believe we have the answer due to a technical setup in the form of the falling wedge that was likely to break to the upside and see prices reverse from $0.13 to its last high before the pullback of $0.40.
Current Hedera HBAR Price Analysis
Over the last 7 days, Hedera Hashgraph (HBAR) has rallied 18%+ from lows of $0.16, after the wider cryptocurrency market slumped from macroeconomic effects from President Trump’s global tariffs.
Since Bitcoin’s recent relief bounce and decoupling from the traditional markets, Hedera has pushed upwards to $0.19, on its way to reaching previous resistance levels.
Why is Hedera going up?
So why is Hedera Hashgraph’s HBAR token going up? Last week, the team here at Allincrypto revealed a technical setup known as a falling wedge. A falling wedge is a common reversal pattern that sets up during a price decline.
Price action and volatility contribute to forming the wedge, often resulting in a breakout of the wedge to the upside and a price rally.
The HBAR token showed a textbook falling wedge structure and has now broken out, leaving a potential 100% plus rally to come from current price levels
HBAR Price Prediction
Since we highlighted the potential for the falling wedge present on the HBAR chart to lead to serious upside. The price has broken out of its capping resistance level (the top part of the wedge) and is substantially up.
More upside is expected with a full reversal of the pullback we have been in since January 2025. This could take Hedera’s token HBAR above and beyond $0.40 once more!
What is the news behind this pump?
Hedera’s HashSphere is set to introduce a private permissioned ledger to the Hashgraph ecosystem, allowing banks, corporations, and payment providers the ability to issue and settle low-cost cross-border transactions using stablecoins.
Recent stats show a stark increase in USDC activity on the Hedera network, aligning with Circle’s recent Circle Payments Network announcement, which will allow businesses and banking groups to make fast, low-cost, cross-border payments using regulated stablecoins.
What is next for Hedera (HBAR)?
Hedera Hashgraph’s HBAR token has shown positive signs, breaking its falling wedge, likely leading to an entire reversal of the pullback!
Behind the scenes, this crypto project continues to go from strength to strength and most recently is positioned to benefit from the US government’s new approach toward digital assets, especially stablecoins like USDC which has increasingly been minted on Hedera
The post Hedera Price Prediction: Up 30% in Weeks! Here is Why first appeared on AllinCrypto.
