Hedera’s native token, HBAR, has surged over 40% this week, becoming one of the top trending cryptocurrencies on CoinMarketCap. Now hovering near $0.26, Hedera price is testing key resistance levels as momentum builds, but analysts warn that caution is still warranted despite the excitement.
Exposure and Real-World Utility Drive HBAR Fundamentals
A combination of fundamental reasons and public interest is driving HBAR’s rise. Notably, the Hedera blockchain appeared in a White House report about decentralized finance (DeFi), showcasing its role in infrastructure and innovation.
This kind of exposure has added legitimacy and sparked renewed interest from the crypto community.
Similarly, AUDD, the Australian Digital Dollar stablecoin on Hedera, selected by Hedera Council member AP+, was picked for key projects in Australia’s digital finance modernisation.
This is a big win for Hedera, as it demonstrates that a stablecoin built on its network, AUDD, is trusted and capable of supporting complex, real-world financial applications within Australia’s regulated banking and payment systems.
Meanwhile, Archax Exchange’s collaboration with Lloyds Banking Group and Aberdeen Investments, finalizing the UK’s first use of tokenized real-world assets using the Hedera network, has cemented HBAR’s positioning in the institutional adoption race.
The news, shared by the Global Blockchain Business Council, has created bullish ripples among traders watching the RWA space.
Hedera Price Forecast: Bulls Target $0.30–$0.35
Hedera coin is still riding an upward trend, steadily printing higher lows over the past few weeks. Momentum looks healthy too, as RSI sits in the 60s, showing strength without tipping into overbought territory.
At present, HBAR is facing a key resistance point between $0.258 and $0.265. This range has worked as both support and resistance in the past.
If buyers can push the price above $0.265 and close strongly for the day, the next target is around $0.30, which is a 15% increase from the current price. If the overall market stays positive, it is also likely that HBAR could move toward $0.35 in the short term.
However, this bullish view will be invalid if HBAR gets rejected or slips below its key supports. We could see a pullback toward the $0.23–$0.24 range. While that wouldn’t necessarily break the bullish structure, it could cool the momentum and shake out overleveraged positions.
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