HBAR Price Analysis: Hedera Tests $0.21 Support as September Rally Potential Builds
The post HBAR Price Analysis: Hedera Tests $0.21 Support as September Rally Potential Builds appeared on BitcoinEthereumNews.com.
Iris Coleman
Sep 04, 2025 08:19
HBAR trades at $0.22 (-2.40% daily) near critical support, with analysts eyeing $0.40 surge potential amid Sibos 2025 and SWIFT integration speculation.
Quick Take • HBAR currently trading at $0.22 (-2.40% in 24h) • Hedera’s RSI at 39.77 suggests oversold conditions may be approaching • Upcoming Sibos 2025 event and SWIFT integration rumors fuel September rally expectations What’s Driving Hedera Price Today? The HBAR price faced selling pressure this week, declining 4% to current levels around $0.218-$0.22 amid broader market volatility. This recent pullback aligns with the current 24-hour decline of 2.40%, keeping Hedera within a tight trading range between $0.21 and $0.22. Despite the immediate bearish price action, market analysts remain cautiously optimistic about Hedera’s September prospects. The primary catalyst driving this sentiment centers around the upcoming Sibos 2025 conference and persistent rumors regarding potential SWIFT integration. These developments could serve as significant catalysts for the anticipated rally toward $0.40 that several analysts have projected for September 2025. The current market dynamics reflect a temporary consolidation phase rather than a fundamental shift in Hedera’s longer-term trajectory, with institutional events and partnership speculation providing underlying support for bullish sentiment. HBAR Technical Analysis: Mixed Signals Point to Potential Reversal Hedera technical analysis reveals a complex picture with both bearish momentum and oversold conditions developing simultaneously. The HBAR RSI currently sits at 39.77, positioning Hedera in the neutral zone but approaching oversold territory, which historically has provided buying opportunities for the token. The moving average structure presents a mixed outlook for the HBAR price. While Hedera trades below its 20-day SMA ($0.24) and 50-day SMA ($0.25), indicating short-term weakness, the token maintains its position above the critical 200-day SMA at $0.20. This configuration suggests that while near-term momentum…
Filed under: News - @ September 5, 2025 6:27 am