Technical analysis by Migoreng_wrap about Symbol HBAR: Buy recommendation (8/23/2025)
Migoreng_wrap

HBAR is currently c. 0.27% of the total crypto market. I expect this to go up higher as HBAR.D could potentially hit 0.65% and 1%. HBAR should now be considered an OG crypto especially when it made an ATH in the previous cycle, and also likely to make another new ATH in the 24/25 cycle. Not all alt coins have this 'crypto heritage' - with many forming a broader ABC correction in the 20/21 cycle unable to break out to make new ATHs - eg. XRP, XLM, BCH. With its market cap coin ranking already being higher than the previous cycle (lingering around top 30-50 and now around top 15-20), I am expecting HBAR to find a new ATH. Keep an eye out on the resistance line formed from the previous cycle. If it can break that resistance line, then we can see HBAR hit the next level at $2. HBAR/BTC should also be used to navigate when the top is in. Key Targets: 1. $0.90~$1.30 (highly probable) 2. ~$2 (moonshot) 3. ~$3.30 (unlikely) HBAR to the MOON