Once, in a café wired with more laptops than espresso machines, I overheard two traders argue about whether blockchain projects could ever ditch their ‘boring’ sideways markets. Fast forward to HBAR’s October price antics, and the déjà vu is almost uncanny: excitement, confusion, and an inevitability of ‘wait and watch.’ This post is for everyone caught between hope and doubt, staring at those resistance lines as if the universe owes them a breakthrough.
The Resistance Riddle: 21.7 Cents and the Myth of Breakout
Every crypto chart tells a story, but few are as suspenseful as HBAR’s ongoing dance with the 21.7 cent resistance. This level, marked by the October 10 swing high, has become the focal point for traders and analysts alike. It’s not just a number—it’s the line in the sand that separates wishful thinking from a true price breakout signal.
Why 21.7 Cents Matters: The Technical Indicator Everyone Watches
In recent videos and community discussions, the message has been clear: “This is so important because without a break above this high...there is really no breakout signal from this range.” The 21.7 cent resistance isn’t arbitrary. It’s a technical indicator, a price ceiling that HBAR has failed to breach since the October 10 high. Until this level is convincingly broken, any talk of a sustained rally remains just that—talk.
- Key resistance level: 21.7 cents (October 10 high)
- Strong support: 19.38 cents, forming a tight trading range
- Volume surge: Recent 137% spike hints at institutional selling near resistance
The “Will-They/Won’t-They” Drama of Crypto Resistance Levels
Traders keep circling back to the October 10 high, treating it like the market’s own soap opera cliffhanger. Each approach to 21.7 cents brings a flurry of hope and speculation. Yet, time and again, HBAR gets rejected, echoing the classic crypto patience test. This isn’t unique to HBAR—other coins like Dogecoin have faced similar scenarios, where the excitement builds but the breakout never quite materializes.
“If we’re moving towards a resistance area, we can watch for that. But really, I was so clear on this level, yeah, this level of on this 10th of October high.”
The Myth of News-Driven Breakouts: October 28’s Fleeting Pump
October 28 brought a surge in HBAR’s price, fueled by news headlines and a burst of optimism. For a moment, it seemed like the long-awaited breakout was here. But as quickly as it came, the rally faded. The price retreated, and the 21.7 cent resistance held firm. This pattern is all too familiar in crypto: news-driven pumps create excitement, but they rarely deliver a lasting trend unless backed by a genuine technical breakout.
- October 28 rally: News-induced spike, but no sustained move above resistance
- Distribution signs: Volume increases near resistance suggest institutional selling, not accumulation
HBAR Price Prediction: The Range-Bound Reality
Despite the optimism, HBAR remains trapped between strong support at 19.38 cents and resistance at 21.7 cents. Until a decisive move above the October 10 high, the price is stuck in a holding pattern. For traders, this is a lesson in patience—and a reminder that technical indicators and price breakout signals matter more than fleeting news or hype.
Wave Corrections and Crypto’s ‘Sliding Doors’
HBAR’s October price action has been a masterclass in wave correction patterns, keeping traders glued to their charts and on edge. The ongoing wave two correction is the talk of the Hedera Hashgraph community, with everyone asking the same question: are we staring down another dip, or is a surprise bounce just around the corner?
Right now, the technical analysis points to an ambiguous Elliott Wave structure. The market could be setting up for either a bullish reversal or another leg down. This uncertainty is classic crypto—where support and resistance levels can feel both tantalizingly close and frustratingly out of reach.
October 17: A Possible Bottom, or Just a Pause?
Many eyes are locked on the October 17 swing low, which landed around 15.5 cents. This level has become a key support for HBAR price prediction. Some traders argue that this might have been the cycle’s bottom, especially after the sharp recovery that followed. But as wave correction patterns remind us, the story might not be over yet.
The market’s recent rally—sparked by news-driven momentum on October 28—looked promising, but it didn’t break above the critical resistance at 21.7 cents (the swing high from October 10). Without a clear breakout above this resistance, there’s no definitive signal that the correction has ended. As one seasoned analyst put it, “We’re range bound for now, okay?”
Wave Theory vs. Gut Instinct
This is where wave theory and trader instinct collide. On one hand, the Elliott Wave structure suggests we could be in the middle of a classic A-B-C correction. After the October 10 crash and bounce, the market may have completed a wave A down, a wave B up (possibly topping with the late-October pump), and could now be setting up for a C wave down.
But here’s the twist: the C wave doesn’t always have to break below the previous A wave low. As the source notes:
“the C wave doesn't necessarily need to break below the low of the A wave. Yeah, it's not a must.”
This nuance makes HBAR price prediction especially tricky. The C wave could simply retest the October 17 support—or even form a higher low—before the next move. Or, in a more bearish scenario, it could push below 15.5 cents, catching late bulls off guard.
Support, Resistance, and the ‘Sliding Doors’ Moment
For now, the support and resistance lines on the HBAR chart are more than just numbers—they’re the “sliding doors” of crypto fate. A break above 21.7 cents could signal a new bullish phase, while a drop below 15.5 cents might open the door to further downside. Until then, traders are left weighing wave theory against gut instinct, watching for that decisive move that will reveal which path HBAR will take next.
Dogecoin Déjà Vu: Pattern Recognition and False Starts
When it comes to cryptocurrency market trends, Dogecoin is the altcoin everyone loves to reference—especially when talking about price action that seems to go nowhere. For traders watching HBAR’s October swings, the Dogecoin price comparison is more than just a meme; it’s a reality check. Despite the buzz, both coins have been stuck in their own ranges, with no real breakout signals to back up the bullish chatter.
It’s a pattern that feels all too familiar. As one trader put it,
But also Doge has not even broken above the first signal level, so how can we be directly bullish?This comment, sparked by a viewer message, sums up the frustration many feel. The charts might show movement toward resistance, but unless there’s a clear breakout, optimism is just that—optimism, not confirmation.
Range-Bound Reality: The Unwritten Rule of 2025
If you’ve been following price trends and forecasts for HBAR or Dogecoin, you know the phrase “range-bound” has become almost a mantra. Since early October, HBAR has hovered between support and resistance, echoing Dogecoin’s own sideways shuffle. Social media, meanwhile, is full of bullish outlook predictions that often leap ahead of what the charts actually show.
- Dogecoin price comparison: Both coins have failed to break above key resistance levels, despite repeated attempts and plenty of hype.
- Pattern recognition: Traders spot familiar setups—approaching resistance, minor rallies—but without follow-through, these are just false starts.
- Social media speculation: Platforms like Twitter and Reddit amplify every uptick, turning small moves into big stories before the market confirms anything.
The result? A cycle of hope and disappointment. Traders see a move toward a resistance area, messages fly in—“Is this the breakout?”—but the answer is usually the same: not yet. As discussed in recent videos, “there is really no breakout signal from this range.” The temptation to jump the gun is strong, especially when everyone is searching for the next big move.
Sentiment vs. Signal: Why Patience Matters
The Dogecoin déjà vu isn’t just about price—it’s about psychology. When sentiment outpaces reality, traders risk acting on hope rather than evidence. The October high for HBAR, much like Dogecoin’s stubborn resistance, serves as a reminder: until the signal is clear, the breakout isn’t real.
This is where pattern recognition can be both a blessing and a curse. Spotting familiar setups is useful, but when every minor rally is treated as the start of a bull run, false starts become the norm. The lesson from both HBAR and Dogecoin? Sometimes, the most important move is to wait.
In the end, the Dogecoin price comparison is less about the coins themselves and more about the mindset of the market. With both coins range-bound and no confirmed breakouts, the unwritten rule for October—and perhaps all of 2025—is simple: patience is not just a virtue, it’s a survival skill in crypto.
News Pumps, Trading Jitters, and the Human Side of Volatility
October 2025 was a month that perfectly captured the unpredictable spirit of the crypto markets, especially for Hedera Hashgraph (HBAR). For traders glued to their screens, the end of the month brought a familiar rush: “And the market rallied here, there was a news related um pump here on the 28th of October.” News events like this are the lifeblood of crypto speculation, sending trading volume surges rippling through exchanges and lighting up social media feeds. But as anyone who’s watched these markets for more than a few weeks knows, the story doesn’t always end with a fairy-tale breakout.
The October 28 rally was a textbook example. News broke, excitement soared, and trading volume spiked—at one point, HBAR saw a 137% increase in trading volume, a clear sign that something big was happening. For many, this was a signal to jump in, hoping for a breakout above stubborn resistance levels. Yet, despite the flurry of activity, the Hedera Hashgraph price structure remained unmoved, refusing to budge above key technical barriers. The market, it seemed, was content to tease traders, offering hope but no real follow-through.
This is where the human side of volatility comes into play. When trading volume surges and news events dominate the headlines, emotions run high. The Twitter frenzy kicks off, and speculation becomes the order of the day. But as the dust settles, reality sets in: “For now, this is range bound and I'm waiting for, yeah, some more price action. But for now, the pressure appears downward in the very short term.” These words capture the mood of many traders—caught between excitement and caution, waiting for confirmation from technical indicators rather than chasing every headline.
October’s trading volume surge was more than just retail excitement. Research into the data suggests that institutional players were active, with the spike in volume likely indicating selling pressure and distribution near resistance levels. In other words, while some traders were buying into the news, larger players may have been quietly taking profits, reinforcing the importance of reading between the lines. In the world of crypto, a surge in trading volume doesn’t always mean a sustainable move; sometimes, it’s just the market’s way of trolling the hopeful.
The lesson from HBAR’s October oscillation is clear: patience is more than a virtue—it’s a survival skill. News-driven rallies can provide hope and fuel speculation, but without confirmation from technical indicators and price structure, they’re often little more than noise. The whimsical world of crypto rewards those who can balance excitement with discipline, recognizing that sometimes, the best move is to wait and watch. As October fades into memory, the unwritten rule remains: in the face of volatility, patience is the trader’s greatest ally.
TL;DR: HBAR’s October price saga is a lesson in patience: the 21.7-cent resistance is still the star to watch, technical patterns hint at more churn before clarity, and—unless October delivers a surprise—the crypto crowd will have to keep their FOMO in check.
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