HBAR price prediction for May 19 indicates that the asset may be in the early stages of a larger bullish movement, with the current pullback requiring monitoring.
The price chart has possibly formed a five-wave upward pattern since the April low, suggesting a strong market trend.
A larger market correction may have ended around April 7, leading to a new uptrend with the recent rise potentially being wave 1 of a bigger bullish move.
HBAR is currently in a correction phase following the upward movement and is expected to stay above the support area between 0.142 and 0.169 for potential upward moves.