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You are here: Home / Cryptocurrency News / Altcoin News / Hedera (HBAR) Breakout Above $0.10 Could Drive Move Toward $0.20

Hedera (HBAR) Breakout Above $0.10 Could Drive Move Toward $0.20

What to know:

  • HBAR remains bearish near $0.08658 inside a descending channel.
  • Price remains weak with low volume and momentum.
  • A breakout above $0.10 needed for bullish continuation.
  • Indicators show indecision with possible volatility ahead.

By Tina Fatima | Edited By Ammar Raza,April 16, 2026, 5:00 AM

Hedera (HBAR) Breakout Above $0.10 Could Drive Move Toward $0.20

Hedera (HBAR) is trading at $0.08658 as of 15 April 2026, showing a clear bearish trend while moving inside a descending channel from approximately $0.30 down to $0.085.

The Price continues forming lower highs and lows, with current consolidation near $0.085, signaling a potential volatility expansion soon.

The channel structure shows strong resistance around $0.09–$0.10 and support near $0.07–$0.06. Price is trading in the lower half, reflecting weakness. Volume remains low, indicating weak buying pressure.

HBAR price prediction chart
Source: @butterfly_chart

Any upward move toward $0.11–$0.12 may face rejection unless strong volume supports a breakout above resistance.

A bullish scenario requires a breakout above $0.10, targeting $0.12–$0.14, then possibly $0.17–$0.20, according to the crypto analyst Butterfly.

If rejected, the price may fall toward $0.07 or even $0.06. Traders should wait for confirmation, as the current range around $0.085 remains uncertain and prone to sharp moves.

Also Read: Hedera (HBAR) Gains Momentum After Trendline Breakout: Is $0.18 Next?

Momentum Indicators Signal Weak Trend

According to the TradingView chart, the RSI is recorded at 43.16 levels with its average near 42.45 levels, which indicates a lack of momentum and a neutral to bearish bias.

The RSI is below the 50-level line, which denotes that there is not much buying pressure. However, the slight curvature upwards indicates that buyers are able to maintain stability.

HBAR tradingview chart
Source: TradingView

MACD is hovering near zero in its histogram, whereas the MACD line at -0.00167 is matching the signal line at -0.00167, showing little momentum in the market.

The indication of convergence points toward lack of decision and hence does not give any clear signals about the trends.

Fundamental Developments Support Long-Term Outlook

The foundation of Hedera is gaining traction due to the development of an efficient logistics and digital customs system developed by Teleport and Hashgraph Group, which can be directly accessed using Hedera.

It increases its practicality and usage in Southeast Asia, thus strengthening the future adoption of the HBAR token. In technical terms, news regarding enterprise-wide adoption is favorable for the market mood, and there could be an increase in bullish pressure if the volumes increase.

The increasing utility of the platform means that more people will be joining the party, supporting the important support points. Generally, the technical picture looks good with an expected appreciation in HBAR.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: Hedera EXPLODES as HBAR Targets $1.80 Breakout After McLaren Deal


Filed Under: Altcoin News

About Tina Fatima

Tina Fatima is a Web3 & DeFi Correspondent at Tron Weekly, covering digital assets and blockchain-based financial ecosystems. Her reporting focuses on decentralized finance (DeFi), Web3 developments, Bitcoin, altcoins, and crypto regulation, with attention to major events shaping the broader cryptocurrency market.
She tracks crypto markets on a daily basis and writes news and analysis grounded in real-time market activity, official announcements, and verified market data. Tina’s work is aimed at explaining crypto developments clearly and accurately for both beginners and experienced market participants, without speculation or investment guidance.

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