Hedera's Price Surge Continues as Analysts Weigh Breakout Chances
Hedera's price has been on a rollercoaster ride after its recent partnership with IBM. The news led to a sharp weekly rally, with $HBAR surging nearly 40% this week. Analysts are now predicting whether the token can hold onto its breakout and continue to climb.
The Hedera-based identity platform IDTrust was listed on the IBM Cloud Catalog, making it purchasable directly by IBM's enterprise clients. This move has been seen as a major boost for the token, with many attributing the price surge to the ETF-related momentum and IBM news.
However, some analysts are cautioning that the token may be due for a pullback, with one analyst suggesting that it could slide toward the 200-day EMA at $0.0875 if it loses its current support cluster. This has led to predictions of a bullish case where $HBAR reclaims this week's high near $0.1227 and pushes towards the December 2025 high near $0.155.
Despite some caution, many analysts remain optimistic about Hedera's prospects, with one analyst comparing its chart setup to Quant's historical run from $120 to $250 to $360, suggesting that $HBAR could follow a similar numerical progression from $0.12 to $0.25 to $0.36.