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Hedera (HBAR) Chart Pattern Signals Big Move Ahead — Breakout or Breakdown?

Hedera (HBAR) Chart Pattern Signals Big Move Ahead — Breakout or Breakdown?

CoinsProbeCoinsProbe2025/08/26 14:50
By:Nilesh Hembade

Date: Tue, Aug 26, 2025 | 11:32 AM GMT

The cryptocurrency market is facing a sharp decline as Bitcoin (BTC) has retraced to $110K from its recent high of $117K, while Ethereum (ETH) has dipped 3% today to $4,425, adding downside pressure on major altcoins , including Hedera (HBAR).

HBAR is currently trading in the red, approaching a key support area that could dictate its next move.

Hedera (HBAR) Chart Pattern Signals Big Move Ahead — Breakout or Breakdown? image 0 Source: Coinmarketcap

Descending Triangle in Play

On the daily chart, HBAR has been consolidating inside a descending triangle pattern — a formation that is typically viewed as a bearish continuation structure, where lower highs tighten against a flat support base until a decisive move occurs.

So far, HBAR has managed to defend support around $0.2260, despite several retests. Each dip toward this zone has been met with steady buying, suggesting accumulation by strong hands. Currently, HBAR trades at $0.2341, just below the 50-day moving average at $0.245 and its descending trendline resistance.

Hedera (HBAR) Chart Pattern Signals Big Move Ahead — Breakout or Breakdown? image 1 Hedera (HBAR) Daily Chart/Coinsprobe (Source: Tradingview)

This setup places HBAR right at the apex of the triangle, where a decisive move — either up or down — is increasingly likely.

What’s Next for HBAR?

If bulls succeed in breaking out above the 50-day MA and descending trendline, momentum could accelerate toward $0.3052, marking a gain of nearly 30% from current levels. Such a breakout would signal strong reversal strength and could attract fresh buyers.

However, if $0.2259 support fails, the bearish triangle thesis would be confirmed. In that scenario, HBAR could decline toward $0.1466, based on the height of the pattern — a drop of more than 35%.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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