Hedera has grabbed the spotlight in the crypto market, with a surge of over 12% in the last 24 hours to trade at $0.2666. The spike comes after its listing on Robinhood, which gives it access to over 20 million U.S. retail users. Backed by a robust 58% jump in 24-hour trading volume, now at $1.03 billion, HBAR is regaining strong bullish momentum.
Its pace is further supported by growing ETF speculation and recent network upgrades. With market cap swelling to $11.3 billion, HBAR has clearly entered a high-energy phase. Curious about where the Hedera price is heading next? This short-term HBAR price analysis is all you need.
On the daily chart I’ve shared, HBAR has broken above its previous resistance at $0.26, which very well aligns with the 23.6% Fibonacci retracement level. This came into play after forming a “higher low” at $0.233 on July 24. That being said, traders need to watch out for the immediate support zone, seen between $0.2480–$0.2520, with a more critical stop-loss threshold at $0.2390.
Talking about indicators, the 14-day RSI stands at 66.34, running closely with overbought territory but still suggesting room for upside. Meanwhile, the MACD remains slightly bearish with a negative histogram (-0.00022), though the price has consistently held above its 7-day simple moving average at $0.2611.
If the bullish momentum continues, HBAR price could next target its July 25 high of $0.2976, followed by a potential breakout toward $0.3274. A successful close above $0.2993 would validate this bullish trajectory, with long-term resistance at $0.3735.
The price surged after HBAR was listed on Robinhood, increasing accessibility and triggering a 58% rise in trading volume.
The immediate resistance is at $0.29930, followed by $0.3274 and a longer-term cap near $0.3735.
Yes, the trend is bullish. RSI is strong, price has formed a higher low, and it’s trading above short-term SMAs.
XRP price prediction is one of the most discussed issues with the coin staying above…
Ethereum and Cardano whales are quietly shifting part of their portfolios into $0.0944 Remittix (RTX),…
Ethereum treasury companies are quickly becoming a new way for institutions to hold and manage…
The RWA sector is gaining traction as five standout projects like ONDO, HBAR, PENDLE, LINK,…
The blockchain world just crossed another important milestone. Stellar, the network powering multiple decentralized applications,…
As usual, it's been an eventful week for crypto, folks! Bitcoin hit fresh highs, but…