HBAR price has gained fresh traction after climbing above $0.24, reflecting renewed strength in Hedera price performance. The token’s market cap has risen 5.6% to $10.5B, while daily volume surged more than 100% past $430M, signaling renewed market conviction. The broader environment is riding on optimism after the SEC approved generic ETF framework, cutting approval timelines and fueling digital asset interest. Meanwhile, an analyst has set an ambitious target of $1.80 for HBAR, citing technical resilience and strong structural support.
Is Hedera Price Ready for a Major Breakout After Holding Key Levels?
HBAR price recently rebounded from the 0.382 Fibonacci support zone around $0.22, reinforcing a bullish setup as highlighted by a market analyst. Hedera price currently trades near $0.25, maintaining stability above key retracement levels that act as strong support.
A flag formation breakout earlier this year hinted at continued upside, with technicals now pointing to sustained accumulation. If buyers protect the $0.22 level, the next resistance lies near $0.40, followed by a broader extension toward $0.65.
Beyond these, Fibonacci projections suggest $1.21 as an achievable medium-term target, while the analyst long-term HBAR price forecast aligns with $1.80. This path remains valid as long as HBAR sustains its higher lows.
CoinGape earlier predicted that speculation over a potential HBAR ETF could help drive the token toward the $0.50 zone, a view now reinforced by ongoing technical strength.
SEC ETF Framework Approval Boosts Hedera Price Outlook as Speculation Intensifies
The SEC’s approval of generic ETF framework has provided regulatory clarity, reducing approval timelines from 240 to 75 days. This decision is expected to accelerate the launch of more than 100 digital asset ETFs within the next 12 months.
Such regulatory certainty often acts as a catalyst for stronger institutional flows into assets like Hedera price. Besides, the ETF approval framework has boosted confidence across the digital asset space, reinforcing expectations that crypto ETFs could expand significantly in the months ahead.
Meanwhile, Open Interest in HBAR derivatives jumped 13.42%, hitting $466M, reflecting heightened speculative engagement, according to CoinGlass. This surge highlights how policy shifts can quickly align with growing market participation. Therefore, the backdrop remains favorable for HBAR as both technicals and regulatory clarity support a bullish narrative.
Summary
HBAR price remains supported by technical strength and regulatory tailwinds. Hedera price forecasts point toward higher levels if support zones continue to hold. With ETF clarity and rising Open Interest, the path toward the analyst’s $1.80 target looks more credible. The overall outlook appears decisively bullish.