Hedera (HBAR) Price Prediction: Reaching New Heights or a Temporary Bounce?

This week has witnessed heightened activity in the Hedera network, prompting questions about the potential for HBAR price to surge. Despite the broader crypto market showing some volatility, Hedera is performing surprisingly well. Recent regulatory wins like Japan’s Green List approval and the Canary ETF’s current mixed sentiment have contributed to this positive trajectory. The launch of Agentic DeFi further boosts the network’s prospects with its automated trading tools. However, HBAR price hasn’t mirrored these developments aggressively. Traders remain cautiously optimistic but eager for a sustained surge. While a bounce is encouraging, breaking above resistance at $0.158-$0.160 is crucial to demonstrate lasting momentum towards targets around $0.170. The 4-hour chart suggests a downtrend, yet recent price action near $0.145 offers a positive sign. The recent climb indicates the market isn’t easily letting HBAR slip without resistance.