Expectations for Hedera (HBAR) in March 2025

Hedera (HBAR) has faced a tough month recently, witnessing a notable decline in its price. This downturn has raised concerns among investors regarding its future performance.

However, a shift in the market dynamics indicates that HBAR may be on the verge of a bullish reversal as we head into March 2025.

HBAR Rebounds into a Bullish Territory

For the first time since late January, HBAR's relative strength index (RSI) has re-entered the bullish zone, highlighting a significant change in market sentiment. This development represents a critical milestone for the cryptocurrency, suggesting that bullish momentum is beginning to gather strength. The RSI points to the potential end of the recent downtrend, paving the way for an upward trajectory as overall market conditions begin to improve.

Investor sentiment is also witnessing a positive turn, driven by this RSI shift. As HBAR strengthens its position in the bullish territory, we can expect increased attention from both retail traders and institutional investors, which could help propel the price upward.

The Bollinger Bands for HBAR recently indicated a squeeze, which often signals an impending spike in volatility. Historically, such patterns precede significant price movements, and this time, it may benefit the token’s recovery. During this squeeze, the candlesticks were positioned below the basis line, traditionally suggesting a forthcoming bullish breakout.

With volatility now favoring HBAR, the token appears well-positioned for a potential surge in the upcoming weeks. As the price breaks free from its constricted range, the likelihood of a strong upward movement increases.

Key Targets Ahead for HBAR

Currently, HBAR’s price is showing a promising 16.8% rise over the last 24 hours, having successfully broken free from its previous downtrend. This rebound has lifted the altcoin above the $0.22 support level, setting the stage for continued upward movement.

The next target for HBAR is to recover from the losses experienced from mid-January to mid-February. To achieve this, the altcoin needs to convert $0.27 into a robust support level, which would facilitate its rise towards $0.37.

A successful move to $0.37 would represent a significant 60% price increase, greatly benefiting early investors.

However, if HBAR struggles to surpass $0.27, it may find itself trapped within a range of $0.27 to $0.25, or even between $0.25 and $0.22. Both tested support levels suggest that failing to break through $0.27 would undermine the altcoin’s bullish outlook.