Date: Tue, Sept 30, 2025 | 07:25 AM GMT
The cryptocurrency market is staging a notable recovery from the last week’s volatility that pushed Ethereum (ETH) to a low of $3,839 before rebounding to near $4,200. Both Bitcoin (BTC) and Ethereum (ETH) are up by almost 2% today, helping lift overall market sentiment and giving several altcoins, including Hedera (HBAR), a boost.
HBAR is back in green today with modest gains, and more importantly, the price action is hinting at the development of a bullish reversal pattern that could set the tone for the token’s next big move.
Falling Wedge Pattern in Play
On the daily chart, HBAR appears to be forming a falling wedge, a technical pattern often associated with weakening bearish momentum and the potential start of a bullish reversal.
The latest correction pushed HBAR down to the wedge’s lower boundary near $0.2050, which has held strong as a support level in recent sessions. After this test, the token bounced back to around $0.2150, but is now hovering just under the 100-day moving average (MA) at $0.2244 — a level that has historically acted as a key barrier for bulls.
A breakout above this moving average could be the first strong sign that momentum is shifting in favor of the buyers.
What’s Next for HBAR?
If HBAR successfully defends its wedge support base and secures a close above the 100-day MA, the next logical move would be toward the wedge’s upper resistance trendline. A confirmed breakout from this level, especially with a retest, could open the door for further gains, potentially driving the token above $0.3050 in the coming weeks.
On the other hand, failure to reclaim higher ground may see HBAR revisiting the wedge’s lower support trendline before bulls attempt another rebound.
For now, the structure suggests that HBAR is at a critical turning point — either preparing for a breakout rally or bracing for one more dip before the upside narrative resumes.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
The opinions and market insights shared on CoinsProbe represent the views of individual authors based on prevailing market conditions at the time of publication. Cryptocurrency investments carry significant risk and volatility. Readers are encouraged to conduct their own research and seek professional financial advice before making investment decisions. CoinsProbe and its contributors do not accept responsibility for financial losses or decisions made based on published content.
CoinsProbe may publish sponsored articles, affiliate links, or promotional collaborations. All sponsored material is clearly labeled to maintain transparency with our audience. Our editorial decisions remain fully independent, and advertising partnerships do not influence reviews, rankings, or published opinions.
Since 2023, CoinsProbe has delivered reliable insights on cryptocurrency, blockchain, and digital assets. Our content is created by experienced researchers and analysts who follow strict editorial standards focused on accuracy, transparency, and credibility. Every article is carefully reviewed and verified using trusted sources and current market data. We provide unbiased analysis and timely updates covering everything from emerging crypto projects to major industry developments.
