Hedera’s HBAR token dropped 4.26% to $0.09587 during Monday’s session, following a failed push above the $0.10 resistance level. Data from BraveNewCoin showed a market cap of $4.17 billion and 24-hour trading volume of $180.02 million, while the price fluctuated between $0.09387 and $0.10. The token remains 83.07% below its September 2021 all-time high of $0.57.
Trader Crypto Tony pointed to a potential “dip and pump” setup, with his chart suggesting a possible retest of a lower support zone before any stronger rebound. “Waiting for that dip and pump setup on HBAR,” he noted. The chart highlights a horizontal support area below current levels; a hold there could spark renewed buying, while a breakdown would weaken the structure.
Short-term technical indicators were mixed. The 30-minute chart from TradingView showed HBAR trading below the Bollinger Band middle line at $0.09710, with support at $0.09498. A hold above that level keeps a recovery structure alive, but a drop lower could open a move toward the daily low. The MACD showed weak momentum with the MACD line slightly below the signal line and a mildly negative histogram.
Looking further ahead, a separate long-term analysis from BitcoinWorld examined HBAR’s potential to reach $1 by 2030. For that to happen, the network would need sustained real-world adoption of its enterprise-grade hashgraph technology, a significant increase in transaction volume, and a favorable crypto market cycle, including the 2028 Bitcoin halving. The analysis also noted competition from Solana, Avalanche, and Ethereum layer-2 solutions, along with regulatory risks as critical factors. HBAR’s maximum supply of 50 billion tokens means a $1 price would require a market cap increase of over $20 billion from current levels—ambitious but not impossible in a strong bull run, provided fundamental growth supports it.
