HBAR Analysts Eye Cycle Reversal as Price Breaks Above Key Levels

53 minute ago 2 sources positive

Key takeaways:

  • HBAR's synchronized price and RSI breakouts signal a potential trend reversal, not just a short-term bounce.
  • A confirmed break above $0.10 could attract speculative capital from sidelined altcoin traders.
  • Bearish stochastic RSI warns of a pullback, potentially offering re-entry near $0.09 support.

Hedera’s HBAR is drawing fresh attention after analysts spotted a potential reversal pattern on the weekly chart. The token has climbed toward the $0.10 mark, supported by a double breakout in both price structure and the Relative Strength Index (RSI).

According to analyst CRYPFLOW, HBAR’s weekly chart is showing the kind of setup that often appears near larger-cycle reversals. The pattern consists of three stages: a prolonged downtrend compression, a break of structure, and then expansion higher. For months, HBAR pressed lower inside a narrowing range after its previous rally. Now, price is attempting to break that compression, while RSI simultaneously exits its own multi-month downtrend. CRYPFLOW emphasized that the alignment of price and momentum strengthens the breakout signal, though a bearish stochastic RSI cross could cause a short-term pause rather than invalidate the structure.

Trader Scient highlighted the short-term setup, noting that HBAR has already broken upward from a mini-range near the lows of a larger one-day range. He sees any retest of the former range highs as a potential re-entry zone. The combination of a macro reversal setting on the weekly chart and a micro breakout on the daily timeframe has put the $0.10 level in focus.

At the time of writing, HBAR traded at $0.09678, with a 24-hour range of $0.09231–$0.09944. Market capitalization stood at $4.20 billion, and the token remains 82.98% below its all-time high of $0.57 from September 2021. A clean move above $0.10 could confirm the breakout and attract further trader interest.

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