Hedera Hashgraph (HBAR) is on a bullish streak, surging 14.6% over the last week. Its trading volume was up 50% on Friday, past $650M, with whales and normal investors swooping in to buy. Currently trading around $0.25, the $1 mark appears very likely to come soon for HBAR. Beyond that though, some analysts are especially bullish, projecting $2, $5 and even $10 in the future.
Hedera’s cryptocurrency has held strong against broader economic pressures. US President Trump’s “tariff war” and NATO tensions have affected both the stock and crypto markets. Despite those external issues, HBAR has been a top performer, even outpacing Ripple XRP in the past week. Its potential is most apparent with the breakout of a falling wedge pattern that has been forming since mid-December.
Price data from Binance reveals a potential surge pattern coming for Hedera HBAR. The altcoin is on a resurging path, and could be laying down the groundwork for breaching $1 for the first time. While $10 is in the distant future, its current efforts show potential. Much of its projected upside has played out, but the pattern still sets a target of $0.36—a potential 50% gain from current levels. Additionally, with bulls currently in command, this bullish phase has much more staying power.
Following its partnership with SWIFT, HBAR has established a clear advantage in improving transaction speed and transparency. Thus, price predictions for the altcoin are beginning to climb. Crypto price prediction platform CoinCodex projects the asset to jump as much as 94% before March is over. Specifically, they expect HBAR to end the month with a $0.46 high. While the platform suggests that this may be the altcoin’s peak, others believe its just the start of an extended climb.
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Furthermore, a big reason for the optimism is likely the ongoing discussions regarding an HBAR ETF. A recent filing was a reason for the asset’s 20% increase. Moreover, approval could have it reaching the $0.55 yearly high that CoinCodex predicts for the token. With altcoin season knocking on the door, altcoins like HBAR, XRP and others are set for massive gains.