Hedera (HBAR) Set for Major Rally: Analyst Forecasts $1.50-$2.00 Surge by Mid-2025

Hedera's HBAR token is showing strong bullish signals, with analyst Steph is crypto identifying a 'final wave' pattern that could drive prices to $1.50-$2.00 by mid-2025. The asset has completed accumulation and correction phases and is now entering a decisive upward cycle.

Technical analysis reveals three key movements: initial accumulation, a sharp correction, and now a rounded curve indicating sustained buying pressure. Institutional interest suggests growing demand, with HBAR currently trading at $0.26 (up 3.47% daily) and a market cap approaching $10.95 billion.

Trading volumes surpassing $333 million reflect robust market participation. Observers note HBAR's resilience aligns with broader crypto trends, where select altcoins show strength even during consolidation periods.