HBAR Price Prediction: Oversold Conditions Target $0.10-$0.12 Recovery by March 2026
The post HBAR Price Prediction: Oversold Conditions Target $0.10-$0.12 Recovery by March 2026 appeared on BitcoinEthereumNews.com.
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…
Filed under: News - @ February 1, 2026 9:24 pm