Hedera priced $0.11 at the same time last week. It is now at $0.1, having moved -0.04% over the last week. In reality, HBAR has dropped by 3.74% in the last day. The crypto market is feeling a little pessimistic. But the long-term outlook is still positive, and in 2025, HBAR might reach $0.56.
At the time of writing this article, the market capitalization of HBAR was $3,537,339,291 and the total circulating supply of Hedera was $33719597435.06.
HBAR technical analysis
The HBAR market demonstrated how bullish and bearish forces interacted dynamically. The price saw notable swings between March 2023 and March 2024, offering traders and investors alike both possibilities and challenges. Despite these fluctuations, the Hedera price forecast for 2024 suggested that there may be both an increase and a decrease, depending on several variables.
At first, HBAR encountered resistance at $0.07. When attempts were made to cross this barrier at the end of March, the price fell steadily, breaking the support level in May at $0.06.
Afterwards, this level became difficult. Within the analyzed time frame, the price dropped to its lowest support level at $0.04 by June, highlighting the distrust of the market.
The bulls tried to start a rally again in the middle of June, and this time they were successful in reaching $0.06. But history did not learn from this, and in mid-August, the price was turned down. As a result, by mid-September, it was once again finding support at its lowest point.
By mid-October, the bulls had come back stronger, infusing the market with fresh hope. This comeback was reflective of the general attitude in the cryptocurrency market, as numerous digital currencies saw price increases in Q4 2023.
The price recovered $0.06, which served as a support level, by November. It was able to overcome the resistance at $0.07 as December went on.
Our model predicts that in the upcoming years, HBAR will be able to recover its all-time high (ATH). Predictions suggest that the asset will average $1.7 in 2027. The model predicts a sharp increase in the altcoin’s value by 2033, with an average price projection of $123.
Hedera price predictions for 2024, 2025, 2030
Hedera price prediction for April 10, 2024: Based on our study, the price range for Hedera on April 10, 2024, should be between $0.093 and $0.1, with an average price of HBAR of approximately $0.1.
Hedera price prediction for April 11, 2024:
Based on our study, the price range for Hedera on April 11, 2024, should be between $0.093 and $0.1, with an average price of HBAR of approximately $0.1.
Hedera price prediction for April 12, 2024:
According to our analysis, the price range for Hedera on April 12, 2024, should be between $0.094 and $0.1, with an average price of HBAR of approximately $0.1.
Hedera price prediction for April 18, 2024:
Our research indicates that Hedera will cost between $0.089 and $0.1, with an average price of $0.096.
Hedera price prediction for April 23, 2024:
Based on our study, the price range for Hedera on April 23, 2024, should be between $0.085 and $0.098. The average price of HBAR is expected to be approximately $0.092.
Hedera price prediction for May 3, 2024:
According to our research, Hedera should cost between $0.078 and $0.09 on May 3, 2024, with an average price of HBAR of approximately $0.084.
Hedera price prediction for June 2024:
Our study indicates that Hedera will cost between $0.14 and $0.16 in June 2024, with an average price of $0.15.
Hedera price prediction for July 2024:
Our study indicates that Hedera will cost between $0.15 and $0.17 in July 2024, with an average price of $0.16.
Hedera price prediction for August 2024:
Our research indicates that Hedera will cost between $0.16 and $0.18 in August 2024, with an average HBAR price of roughly $0.17.
Hedera price prediction for September 2024:
Based on our analysis, the price of Hedera in September 2024 should be between $0.17 and $0.19, with an average of $0.18.
Hedera price prediction for October 2024:
Based on our analysis, the price of Hedera in October 2024 should be between $0.18 and $0.2, with an average of $0.19.
Hedera price prediction for November 2024:
Our research indicates that Hedera will cost between $0.19 and $0.22 in November 2024, with an average price of roughly $0.2.
Hedera price prediction for December 2024:
Our study indicates that Hedera will cost between $0.2 and $0.23 in December 2024, with an average price of $0.21.
Hedera price prediction for 2025:
Our research indicates that Hedera will cost between $0.37 and $0.56 in 2025, with an average price of $0.47.
Hedera price prediction for 2026:
Our research indicates that Hedera will cost between $0.79 and $1.19 in 2026, with an average price of $0.99.
Hedera price prediction for 2027:
Based on our research, the price of Hedera should be between $1.67 and $2.50 in 2027, while the average price should be approximately $2.08.
Hedera price prediction for 2028:
Our research indicates that Hedera will cost between $3.50 and $5.25 in 2028, with an average price of $4.37.
Hedera price prediction for 2029:
Based on our analysis, the price range for Hedera in 2029 should be between $7.34 and $11.01, with an average price of approximately $9.18.
Hedera price prediction for 2030:
Based on our calculations, the price range for Hedera in 2030 should be between $15.41 and $23.11, with an average price of about $19.26.
Is Hedera Hashgraph a good investment?
Hedera Hashgraph may be a good option for you if you’re searching for a somewhat riskier asset that you can count on to provide consistent profits and the potential for rapid growth.
An impressive 3 million transactions take place on this project every day, indicating that a large number of users are interested in using the Hedera Hashgraph platform and associated coin.
HBAR appears to be a good investment overall, as indicated by numerous indicators. Do your study and think about whether or not it fits into your portfolio before investing in it.
Conclusion
Hedera is one of the potential cryptocurrencies to invest in. But, your ability to take financial risks and your long-term faith in Hedera are the main factors that will determine whether you decide to buy Hedera or any other cryptocurrency.
