Hedera Price Pulls Back After Rally — Can HBAR Break Through $0.182 Resistance?

HBAR price resistance at $0.182 is standing as a big challenge to Hedera token growth. After a strong rally, the altcoin has slightly pulled back to $0.1769, dropping 6.10% in the past 24 hours. While this doesn’t break the bullish trend, it shows the resistance point is still strong. Investors are watching closely to see if this Altcoin rise continues or takes a pause. Positive market sentiment is still intact, but for a true price surge, HBAR needs to break above resistance soon. Without that, the Hedera surge may stall temporarily.

Hedera Rise Backed by Surge in Open Interest and Long Positions

HBAR’s recent rise isn’t just hype; it’s backed by real market activity. Open Interest surged 46.8% in just two days, hitting $232 million. This spike shows that traders are confident and ready to back the altcoins’ surge. Long positions are outnumbering shorts, suggesting that the HBAR Price Resistance might be broken soon. All of these signs point to a strong price change. With this level of trading activity, the Hedera rise could continue.

Positive Market Sentiment Fuels Optimism for Bulls

Traders are showing strong belief in HBAR’s upward movement, and this optimistic ideology is helping the coin stay strong despite recent dips. It’s not just numbers; it’s visible across communities and exchanges. As investors back HBAR to breach the current $0.18 resistance, confidence is rising. Investor hope often drives continued demand, which is a key driver for any altcoin’s growth. That belief is what helps an exchange recovery stay intact even after minor pullbacks. This optimism can help push HBAR forward and maintain the ongoing rise.

Technical Indicators Hint at Strong Price Recovery

HBAR’s Relative Strength Index (RSI) is currently at its highest point in over a month. This shows strong buying pressure and supports the crypto tokens we’re seeing. Traders view this as a green light for further upward movement. Currently, HBAR is priced at $1.7, reflecting a 12.19% rise from last week as shown in the chart below.

Chart 1- HBAR/USD live price, published on TradingView, April 24, 2025.

If momentum continues, the price growth could soon become a full-fledged rally. When technical indicators like RSI align with positive market sentiment, they build strong cases for a token. This technical backing makes the bullish outlook stronger and more convincing for traders.

Consolidation Phase Could Be the Calm Before the Breakout

HBAR is in a short-term consolidation phase, holding above the important $0.162 support. This phase is crucial as it determines whether the rise continues or pauses. During this time, the crypto market sentiment helped to protect the price from sharp declines. If traders remain confident, HBAR could soon retest the HBAR Price Resistance and break past it. A successful breakout would signal a healthy price recovery, adding to the strength of the current growth. This calm phase is often when smart investors prepare for the next move, up or down, depending on the next catalyst.

What Happens Next: Price Targets and Risks to Watch

If HBAR successfully crosses the HBAR Price Resistance at $0.182, analysts believe it could quickly rise to $0.197 or even test $0.200. That would mark a significant Altcoin rise and confirm a strong momentum. However, failure to break resistance could pull HBAR back to $0.162, risking the loss of recent gains. But traders hope that the trend will hold and bring the HBAR price. As always, crypto markets are volatile, and nothing is guaranteed. But with buying pressure rising and momentum intact, the chances for continued rise remain promising, at least for now.