Hedera (HBAR) has joined the list of altcoins bouncing back after the recent crypto market crash. HBAR price is up more than 10% in the past 24 hours, trimming part of its 15% weekly loss.
While HBAR is still down 20% over the past three months (adopting a downtrend), the trend may be shifting from decline to early recovery.
As of today, Hedera (HBAR) is showing strong bullish momentum, climbing from around $0.17 to $0.18 as buyers regain control.
The sharp upward move after a consolidation phase highlights renewed investor confidence and solid support near $0.17.
At the time of writing, Hedera was trading at $0.1892, representing a 10% increase.
Source: CoinMarketCap
According to analysts from Trade4ddict, Hedera Hashgraph’s HBAR experienced a significant correction during Friday’s market dump, briefly taking out the key support level at $0.125.
Despite the sharp decline, the token quickly staged a recovery, signaling strong buying interest around the lower range.
This swift rebound indicates that bulls are defending critical zones, preventing further downside momentum.
The market structure now suggests a potential bottoming pattern, especially if HBAR can sustain its current recovery trajectory.
The next crucial step for HBAR’s bullish reversal will be the formation of a first green trend bar on the daily chart, followed by a breakout above the $0.235 resistance level.
Source: X
A confirmed higher high above this zone would mark the beginning of a new uptrend, potentially paving the way for a revisit of previous all-time highs and beyond.
The projected move could signal a shift in market sentiment, transforming recent volatility into a foundation for renewed bullish momentum.
However, according to some analysts, Hedera’s price needs to stay above $0.1823 to potentially move towards the first major resistance level at $0.2007 before embarking on a move towards Trade4ddict’s target of $0.235.
Hedera ranks second in RWA social activity
According to data shared by Phoenix Group in collaboration with LunarCrush, Hedera Hashgraph ($HBAR) ranked second among the top Real World Asset (RWA) projects by social activity.
Over 24 hours, HBAR recorded 4.9K engaged posts and over 411K interactions, highlighting a strong and growing online presence. This level of engagement reflects increased investor and community interest in the project’s developments.
It comes amid heightened discussions surrounding Hedera’s ecosystem growth and partnerships in tokenized real-world asset initiatives.
Source: X
HBAR’s position ahead of several major projects such as Avalanche (AVAX), VeChain (VET), and Injective (INJ) underscores its rising influence within the RWA narrative.
The increased attention suggests that the Hedera community remains highly active and confident in the network’s long-term potential, especially as it continues to expand real-world use cases across enterprise-grade blockchain applications.