Caroline Bishop
Feb 01, 2026 17:09
HBAR trades at $0.09 with RSI at 26.78 showing oversold conditions. Technical analysis suggests potential bounce to $0.10-$0.12 range as Hedera approaches critical support levels.
HBAR Price Prediction: Oversold Conditions Signal Potential Recovery
Hedera (HBAR) has experienced significant downward pressure, currently trading at $0.09 after a 0.77% decline in the past 24 hours. With technical indicators flashing oversold signals, this HBAR price prediction examines whether the cryptocurrency is positioned for a potential recovery or faces further downside risk.
HBAR Price Prediction Summary
• Short-term target (1 week): $0.095-$0.10
• Medium-term forecast (1 month): $0.10-$0.12 range
• Bullish breakout level: $0.10 (immediate resistance)
• Critical support: $0.08
What Crypto Analysts Are Saying About Hedera
While specific analyst predictions are limited in recent days, earlier January 2026 forecasts from Blockchain.News showed bullish sentiment with targets around $0.16. However, the actual market performance has significantly underperformed these expectations, with HBAR trading approximately 44% below those projections.
According to on-chain data and technical analysis platforms, Hedera’s current positioning suggests the token may be approaching a potential reversal zone after the recent sell-off. The substantial gap between analyst expectations and current price levels indicates either overly optimistic projections or a significant market correction that may present opportunities for contrarian investors.
HBAR Technical Analysis Breakdown
The technical landscape for Hedera presents a mixed but potentially promising picture for contrarian traders:
RSI Signals Oversold Territory: HBAR’s 14-period RSI sits at 26.78, well below the 30 threshold that typically indicates oversold conditions. This suggests the recent selling pressure may be excessive and could lead to a technical bounce.
Moving Average Analysis: All major moving averages remain above current price levels, with the SMA 7 at $0.10, SMA 20 at $0.11, and SMA 200 at $0.18. This positioning indicates HBAR is trading significantly below its recent trend lines, potentially offering support for a recovery.
MACD Momentum: The MACD histogram sits at 0.0000, showing bearish momentum has potentially reached an inflection point. While not yet bullish, the neutral histogram suggests the downward momentum may be losing steam.
Bollinger Band Position: HBAR’s position at -0.0631 relative to the Bollinger Bands indicates the token is trading near the lower band at $0.09, which often serves as dynamic support during oversold conditions.
Hedera Price Targets: Bull vs Bear Case
Bullish Scenario
In a recovery scenario, HBAR price prediction models suggest initial resistance at $0.10, which represents both the immediate technical resistance and the SMA 7 level. A successful break above this level could propel Hedera toward the $0.11-$0.12 range, aligning with the SMA 20 and offering approximately 22-33% upside potential.
The bullish case requires:
– RSI recovery above 30 (from current 26.78)
– Daily trading volume exceeding the current $26.2 million
– Bitcoin and broader crypto market stability
Bearish Scenario
The bearish scenario for this Hedera forecast centers on a break below the critical $0.08 support level. Such a move could trigger additional selling pressure, potentially driving HBAR toward the $0.07-$0.075 range, representing 15-22% downside from current levels.
Risk factors include:
– Continued broader crypto market weakness
– Failure to hold $0.08 support
– RSI falling below 20 (indicating extreme oversold conditions)
Should You Buy HBAR? Entry Strategy
For traders considering HBAR positions, the current oversold conditions present both opportunity and risk:
The 24-hour trading range of $0.08-$0.09 provides clear parameters for short-term trading strategies, with the lower bound serving as critical support.
Conclusion
This HBAR price prediction suggests Hedera may be approaching a technical inflection point. The combination of severely oversold RSI conditions, proximity to Bollinger Band support, and distance from moving averages creates a potential setup for a technical bounce toward $0.10-$0.12 over the coming weeks.
However, traders should remain cautious given the significant underperformance relative to earlier analyst targets. While the technical setup appears favorable for a short-term recovery, broader market conditions and the ability to hold key support levels will ultimately determine HBAR’s trajectory.
Confidence Level: Moderate (65%) for short-term bounce, Low (35%) for sustained recovery above $0.11
Disclaimer: Cryptocurrency investments carry substantial risk. This analysis is for educational purposes only and should not be considered financial advice. Always conduct your own research and consider your risk tolerance before investing.
Image source: Shutterstock
Credit: Source link
