Key Insights
- Hedera (HBAR) price maintains higher lows on long-term charts, supporting bullish structures that analysts suggest could fuel a significant upward rally.
- Technical projections highlight $0.504 as a key resistance level, where a breakout may unlock momentum toward secondary price targets near the $1 range.
- Bloomberg Terminal reports a 90% chance of ETF approval for Hedera, potentially unlocking institutional inflows and boosting market visibility.
Hedera’s native token, HBAR, has captured market attention as analysts highlight strong technical structures on higher timeframes. The asset has consistently maintained higher lows, signaling sustained buying interest. Analyst Javon Marks projects a potential rally of more than 120%, with a first major target of $0.504 and a second level near $1.
On the one-week chart, HBAR is trading within a bullish pennant flag following its earlier rally. The token currently trades at $0.214, with price action confined between resistance at $0.292 and support near $0.187. The Parabolic SAR indicator supports attempts to stabilize above $0.21, indicating steady momentum. Analysts suggest that a confirmed breakout could extend gains toward $0.400 in the medium term, aligning with broader bullish targets.
Break Above Resistance Could Trigger Rally
The breakout structure on higher timeframes highlights the importance of the $0.504 resistance level. Analysts emphasize that surpassing this level may unlock stronger continuation patterns. The technical setup points to a reversal zone that reinforces a constructive long-term outlook despite near-term volatility.
In addition to technical signals, institutional developments have strengthened the case for Hedera. Bloomberg Terminal reports that ETF applications linked to Grayscale and Canary have a 90 percent likelihood of approval. The United States Securities and Exchange Commission is expected to deliver its final decision on November 11, 2025. Approval could attract significant institutional inflows, replicating trends seen in other digital asset ETFs.
Market Impact of ETF Approval
An approved Hedera ETF would provide greater exposure to global investors and enhance market liquidity. It would also reinforce Hedera’s position as a credible digital asset for mainstream adoption. Consequently, the combination of bullish technical formations and institutional catalysts has placed HBAR at a decisive point, with strong potential for further growth.
