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While various major altcoins faced challenges this week, HBAR is poised to be March’s top performer, similar to Sonic’s position in the February altcoin report.
It has remained resilient against broader economic pressures—such as US President Trump’s “tariff war” and NATO tensions—achieving a solid 25% gain for the week.
This strength is driving speculation that a $10 target may be achievable.
HBAR Price Analysis: Is a $10 Hadera Imminent?
Its potential is particularly evident with the emergence of a falling wedge pattern that has been developing since mid-December.
HBAR / USDT 1D chart, symmetrical triangle pattern. Source: Binance.
Although $10 remains a long-term goal, this movement establishes a foundation. Much of its anticipated upside has already materialized, yet the pattern still indicates a target of $0.36—a potential 50% increase from current levels.
It demonstrates promising durability, especially as technical indicators favor bullish momentum.
The Relative Strength Index (RSI) has reset to a neutral 52 after approaching overbought levels at 70, while the MACD line continues to trend upward above the signal line—both signs of prevailing buying pressure.
This creates a solid basis for growth, although consolidation may be the next step, with the 50SMA acting as a significant overhead resistance to the 20SMA support rebound attempts.
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If buying pressure continues into the weekend, this resistance could be overcome.
Hadera May Not Be the Optimal Choice this Bull Cycle
Those who opted for HBAR as an alternative Layer-1 to Solana (SOL) might need to reconsider—Solaxy ($SOLX) has addressed the Solana Network’s primary limitation: scalability.
The post-inauguration “meme coin mania” has transformed the Solana network into a lucrative opportunity for 10-100x meme coin options, but the trading volume it generates has had adverse effects.
As any user would recognize, failed transactions are the platform’s biggest complaint. Solaxy responds to this issue while leveraging its advantages.
Unlike Ethereum, which offers several Layer-2 solutions, Solana has long been without this capability—until now.
By processing transactions off-chain and finalizing them on Solana, Solaxy significantly alleviates congestion, reduces transaction fees, and facilitates seamless interoperability between blockchains.
With over $25 million raised in its ongoing presale, the project is already gaining substantial momentum—potentially attributed to its 162% APY on staking that rewards early investors.
You can follow Solaxy on X and Telegram, or join the presale on the Solaxy website.
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