Hedera HBAR Price Surge: Can It Reach $0.50 by July 2025?
Hedera's HBAR token has surged 17.11% in the last 24 hours and 41.66% over the past week, driven by technical breakouts and fundamental catalysts. With a market cap of $11.92 billion and trading volume spiking 126.07%, HBAR is now among the top-performing altcoins.
Key factors fueling this momentum include potential U.S. spot ETF approval, Hedera's $215 million DeFi ecosystem growth, and strategic enterprise integrations. The token has broken out of a long-term falling wedge pattern, currently trading at $0.2816, with eyes set on the $0.37353 resistance level. The $0.50 target appears increasingly achievable if bullish sentiment persists.
Technical indicators reveal extreme conditions—an RSI of 85.17 signals overbought territory, while widening Bollinger Bands indicate heightened volatility. Critical support lies at $0.2376, a level that must hold to maintain the current uptrend.