After the beginning of the year, the price of Hedera (Harb) begins to bounce back. In January, Har was trading near $ 0.40. But when the wider crypto market was in trouble, the price dropped to about $ 0.12 in April. Then things started to change.
Last week a har broke out descending wedge patternTo. Such a setting often points to the turning of trends and so far it looks like a good sign. From the breakthrough, the price has risen by about 50 percent and is now sitting near $ 0.18.
Instead of falling again, the price has remained evenly. It has moved sideways, which may mean that buyers are waiting for the next big move. And this move may be related to bitcoin. Around the same time, the hub began to rise, and Bitcoin started to push higher, from $ 74,000 to $ 95,000.
Now Bitcoin is trading near $ 97,000. If it continues, there is a good option for altcoins, as hedera follows. However, if the bitcoin watering, it can also be pulled down.
Why may be a big moon for hedera
There are some key events coming in May that can give Hedera an additional momentum.
First is Hedera Consensus 2025 Toronto. It is one of the largest chip circuits of the year. Belonging to this usually pay a lot of attention, networking and sometimes even partnership announcements. Such exposure can increase trust in the project and help you move higher.
Hedera will also participate in the Token2049 Dubai panel discussion. The focus is on marking the real world's assets. This is a hot topic in cryptos right now. If Hedera is able to show that it is a serious player in this room, it may be of interest to investors and developers looking for real uses.
In addition, Hedera has some community and sponsorship events. They work with the Karate Combat, the Cryptocurrency Women's Association and the Crypto Center. These events may not move directly to the price, but they help to grow the community and bring in more people who want to build with Hedera.
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Predicting the price of HBAR for May
So, where could the price of Hbar go in May?
If Bitcoin stays strong and the market remains bullish, you can climb somewhere between $ 0.22 and $ 0.25. Such a move would be supported by a recent breakthrough, a positive feeling of market and buzz about events such as Consensus and Token2049.
If things remain more neutral and Bitcoin trades towards the side, the Har can continue in the range of $ 0.16 and $ 0.20. It would still be a healthy sign and could set up a stage for a new move later.
However, as the market turns and Bitcoin begins to fall again, the Har can fall to about $ 0.14. Breakout is a good sign, but the overall crypto direction still plays a big role in the next case.
In both cases, May is becoming an important month for Hedera. The symbolism of events with strong exposure and increasing attention is behind the project
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