HBAR, the native token of the Hedera network, is emerging as a standout performer. On February 28, 2025, Hedera’s price saw a strong surge, marking a potential turning point for the token. With HBAR breaking key resistance levels, experts are predicting a possible rally of up to 20%, with the potential to hit $0.25 in the near future.

Technical Indicators Point to a Bullish Breakout

HBAR recently broke out of a significant double-bottom pattern on its four-hour chart, signaling a potential trend reversal. A double-bottom is a bullish pattern, often seen when an asset hits a support level twice before bouncing back. This indicates that HBAR could see further upward movement if it can sustain its current momentum.

As of now, the token has breached the critical resistance level of $0.20, reaching a trading price of around $0.21. If HBAR manages to close a four-hour candle above this price, experts anticipate that the token could rise by 20%, potentially reaching $0.25 in the short term.

Investor Sentiment Shifting Toward Bullish Side

Along with technical indicators, on-chain metrics provide further insight into the rising bullish sentiment surrounding HBAR. Data from Coinglass, a leading on-chain analytics firm, shows significant accumulation activity. In the past 24 hours, exchanges saw $2.5 million worth of HBAR flow out, indicating that investors are holding onto their tokens in anticipation of further price increases.

This accumulation trend suggests that many investors believe HBAR has long-term value, and the recent price surge could be the beginning of a larger rally. The growing interest has been accompanied by an increase in long positions from traders betting on the token’s upside. Leveraged bets on the long side are now at $3.1 million, showing strong confidence that HBAR will continue its upward movement.

What’s Next for HBAR? Eyes on $1

The current rally, combined with growing interest from both traders and long-term investors, positions HBAR for further price gains in the short term. If HBAR can maintain its momentum and surpass key resistance levels, the token could be on track for an extended bull run, with some analysts setting $1 as a potential target in the future.

However, while the signs look promising, HBAR’s path to $1 will depend on broader market conditions and its ability to maintain upward momentum. A break above $0.25 would further solidify the token’s bullish outlook, making it an attractive option for traders looking for high growth opportunities in the crypto market.

Conclusion: HBAR’s Bullish Outlook and What It Means for Investors

After breaking key resistance levels, HBAR has gained attention from traders and investors alike. With a 20% rally potentially on the horizon, HBAR is on the radar of many crypto enthusiasts. If the token continues to rise and surpasses $0.25, the path to higher price levels, including $1, could soon be within reach. However, as always with cryptocurrencies, volatility remains a factor, and investors should proceed with caution.

The current price action, combined with positive on-chain data, paints an optimistic picture for HBAR in the coming days and weeks. For those keeping a close eye on HBAR, this could be the beginning of something much bigger.