Hedera Price Surge Ahead: HBAR Poised for Breakout Towards $1.50-$2.00

A recent X post by analyst Steph is Crypto highlights the “final HBAR wave,” marking the asset’s steady progression through phases of accumulation, sharp corrections, and a forecasted final rally poised for mid-2025 and beyond. This pattern suggests growing demand and institutional interest as the coin prepares for a new bullish phase.

The analyst’s chart outlines three distinct price movements: an initial accumulation period, followed by a rapid upward correction, and concluding with a forecasted final wave aimed at breaking the $1.50 to $2.00 resistance. The coin price, steadily climbing along a rounded curve, reflects increasing buying pressure, signaling readiness for a breakout once key resistance levels are surpassed.

Source: X

This gradual price increase is supported by institutional activity, hinting at a foundation building beneath the market. If current trends continue, the coin could enter a strong upward cycle by mid-2025 with substantial gains ahead, as long as market conditions and adoption rates remain favorable.

According to recent data from BraveNewCoin, the asset is trading around $0.26, reflecting a daily gain of approximately 3.47%. The market capitalization stands near $10.95 billion, with trading volumes reaching $333.77 million over 24 hours, indicating active market participation and liquidity. The circulating supply is about 42.39 billion tokens.

Source: BraveNewCoin

Price action reveals a tightening range between $0.24 and $0.27 in recent days, with a breakout above the $0.27 resistance level likely to trigger additional bullish momentum. This consolidation arena, combined with rising volume, suggests investor confidence is building, positioning the meme coin for the next surge to higher price points.

Growing interest fueled by potential new projects and integrations adds further weight, signaling that the Coin price trend is supported by both technical and fundamental factors.

At the time of writing, TradingView charts display the asset trading near $0.26 with increasing bullish bias. The price is approaching the upper Bollinger Band, indicating readiness to breach this resistance and potentially surge to new highs. The market currently exhibits consolidation following a recent rally, with price volatility expected to rise on a successful breakout.

Source: TradingView

The Chaikin Money Flow (CMF) indicator remains positive, reflecting strong buying interest as the CMF line stays above zero. This buying pressure supports the outlook for sustained upward movement.

Together, the Bollinger Bands and CMF suggest that the asset is currently trending upwards, setting the stage for another leg higher if momentum continues. Institutional involvement appears evident, adding credibility to the sustained growth potential and differentiating the rally from purely speculative moves.

The combined technical analysis and market data support a positive outlook for the asset, with the memecoin well-positioned for a breakout and a rally toward the $1.50–$2.00 range in the coming years. Investors should watch for key resistance breaks and volume trends as signals for confirming this anticipated upward move