Key Points
- •Hedera (HBAR) aims for $0.30 amid ETF speculation.
- •Spot ETF decision could affect HBAR price.
- •Institutional backing supports potential breakout.
Hedera (HBAR) is anticipated for a breakout above $0.30, potentially driven by technical signals and the impending U.S. SEC spot ETF decision in November 2025.
The potential breakout could increase liquidity and institutional interest in HBAR, emphasizing its position within the enterprise Layer 1 sector.
Hedera's native token HBAR is approaching a potential breakout to $0.30, driven by technical indicators and interest in a spot ETF.
Anticipation surrounds a decision on the ETF by the U.S. SEC expected by November 2025. Involving major enterprises like Google, IBM, and financial institutions, Hedera's governing council strengthens its credibility. No recent statements from Hedera's founders have surfaced. Community optimism relates to technical patterns signaling potential upward movement.
A Favorable SEC Decision
A successful ETF approval could lead to increased inflows and liquidity for HBAR. Institutional activities, including public-sector pilots, bolster Hedera's ecosystem. Price support is evident near $0.205 with increased activity on its mainnet. Past ETF approvals have often led to market rallies and liquidity surges. Analysts flag a double-bottom pattern for HBAR as indicative of a potential bullish movement if favorable ETF news arises by November 2025.
Institutional Engagement
Analysts highlight institutional engagement as a primary driver for HBAR's trajectory. On-chain activity shows positive signs, aligning with technical patterns for a potential price increase. While the SEC's decision is pivotal, technical factors also influence this period. Historically, regulatory movements like ETF approvals have ignited market surges. Hedera’s price, following ETF-related headlines in 2024, experienced notable upticks. The Elliott Wave setup parallels past scenarios where it saw significant gains, highlighting future possibilities.
“Double-bottom at $0.205 with neckline near $0.255, forming a bullish wedge consolidation, suggests potential HBAR move to $0.30 and above if ETF news is favorable.” — Trading Dashboard Analyst, Mitrade Exchange