Hedera (HBAR) is attempting a bullish reversal after breaking the Bump-and-Run reversal bottom, or BARR bottom, on the three-day chart.
HBAR may jump more than 50% by June
The BARR bottom consists of three parts. First, the price moves down below the downtrend line. Then comes the sharper sell-off, which usually signals surrender. Finally, the price breaks back above the trend line and retests it as support before extending higher.
HBAR appears to be in that final stage.
The token fell from over $0.28 in late 2025 to nearly $0.07 in early 2026, marking a rebound phase. It has since recovered above the downtrend line and is now settling near it, indicating that sellers are losing control.
The immediate upside hurdle is the 50-period Exponential Moving Average (50-period EMA, red wave) near $0.10. A close above it would consolidate the breakout and open the way towards the 200-period moving average near $0.14.
This target implies an upside of approximately 56% from the current HBAR price near $0.09.
Momentum is improving too. The three-day RSI has risen from the oversold area towards the neutral 50 area, indicating weak downward pressure.
Pure8 analyst supported the bullish setup, despite relying on what appears to be a bullish flag pattern forming on the Hederal charts.
I believe the price is forming a bull flag pattern (possibly a falling wedge as well) on the weekly time frame and is currently consolidating near the bottom of the range, setting up for a potential trend reversal.
If the pattern is confirmed with the breakout above… https://t.co/W1gET7dR7x pic.twitter.com/d1phaX1dis
– Pure8 (@Pure8Nature) May 8, 2026
The setup will lose strength if HBAR falls back below the broken trend line. This would turn the breakout into a bull trap and refocus on the $0.07 low.
Easing tensions with Iran, Accenture partnership improves bullish HBAR thesis
A bullish setup for Hedera is taking shape as risk appetite improves in global markets. Cryptocurrencies have rebounded in recent weeks after easing tensions between the United States and Iran reduced fears of a broader inflationary shock caused by oil. Strong earnings from big tech companies have also boosted sentiment towards riskier assets, including altcoins like HBAR.
Developments on Hedera have added to the momentum.
On April 30, consulting giant Accenture join Hedera’s Board of Directors, strengthening the network’s corporate standing alongside members like Google and IBM.
Days later, HederaCon 2026 was held in Miami Highlight 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 Hedera-powered permissioned network for regulated enterprises.
Meanwhile, Hedera introduced “Hooks,” a programmable feature that enables automated token logic and custom business rules. The updates have improved sentiment around the long-term HBAR adoption narrative.
