Hedera (HBAR) is attempting a bullish reversal after breaking out of a Bump-and-Run Reversal Bottom, or BARR bottom, on its three-day chart.
HBAR May Jump Over 50% By June
A BARR bottom has three parts. First, the price grinds lower under a descending trendline. Then comes a sharper “bump” sell-off, usually marking capitulation. Finally, price breaks back above the trendline and retests it as support before extending higher.
HBAR appears to be in that final stage.
The token fell from above $0.28 in late 2025 to near $0.07 in early 2026, forming the bump phase. It has since recovered above the descending trendline and is now holding near it, suggesting sellers are losing control.
The immediate upside hurdle is the 50-period exponential moving average (50-period EMA, the red wave) near $0.10. A close above it would strengthen the breakout and open the path toward the 200-period EMA near $0.14.
That target implies roughly 56% upside from HBAR’s current price near $0.09.
Momentum is improving, too. The three-day RSI has climbed from oversold territory toward the neutral 50 zone, showing weakening downside pressure.
Analyst Pure8 supported the bullish setup, albeit relying on what appears to be a bull flag pattern forming on the Hederal charts.
I believe the price is forming a bull flag pattern (It could be falling wedge as well) on the weekly timeframe and is currently consolidating near the bottom of the range, setting up for a potential trend reversal.
If the pattern confirms with a breakout above… https://t.co/W1gET7dR7x pic.twitter.com/d1phaX1dis
— Pure8 (@Pure8Nature) May 8, 2026
The setup would lose strength if HBAR slips back below the broken trendline. That would turn the breakout into a bull trap and put the $0.07 low back in focus.
Easing Iran Tensions, Accenture Partnership Improves HBAR’s Bullish Thesis
Hedera’s bullish setup is forming as risk appetite improves across global markets. Cryptocurrencies have rebounded in recent weeks after easing US–Iran tensions reduced fears of a broader oil-driven inflation shock. Strong earnings from major technology firms have also boosted sentiment toward higher-risk assets, including altcoins like HBAR.
Hedera-specific developments have added to the momentum.
On April 30, consulting giant Accenture joined the Hedera Governing Council, strengthening the network’s enterprise positioning alongside members such as Google and IBM.
Days later, HederaCon 2026 in Miami highlighted the ecosystem’s growing focus on tokenization, AI infrastructure, cross-border payments, and regulated blockchain adoption. Hashgraph also unveiled several upgrades during the event, including CLPR for bridgeless interoperability and HashSphere, a permissioned Hedera-powered network for regulated institutions.
Meanwhile, Hedera introduced “Hooks,” a programmability feature enabling automated token logic and custom business rules. The updates have improved sentiment around HBAR’s long-term adoption narrative.
