Hedera (HBAR) has posted a strong comeback today, with a notable 18% surge in the past 24 hours, rising to around $0.28. Its trading volume has increased by 127% to $1.75 billion and now sits firmly among the top gainers, joining Lido DAO, Uniswap, and Dogecoin in today’s bullish wave.
Why is Hedera going up today, and can the HBAR price break past its critical $0.32 resistance to trigger an even larger uptrend? Let’s break down what analysts and technical indicators are saying.
Why Hedera is Going Up Today
The broader cryptocurrency market received a major boost after the U.S. House passed the GENIUS Act on Thursday, which provides regulatory clarity for stablecoins.
While HBAR is not a stablecoin, this development has improved the risk tolerance for altcoins overall. The total crypto market cap jumped over 4% in 24 hours, hitting a new all-time high of slightly over $4 trillion.
At the same time, Hedera is catching institutional attention. Its enterprise partnerships with Accenture, SCAN UK, and EQTY Lab, built around NVIDIA’s Blackwell platform, are placing it as a critical layer of AI infrastructure.
Another bullish trigger came from Valour’s launch of new staking ETPs on the SIX Swiss Exchange, including 1Valour Hedera (HBAR) and 1Valour Internet Computer (ICP). These products offer institutional and retail investors secure, regulated exposure to HBAR, incorporating native staking rewards.
Technical Breakout Signals
On the charts, HBAR is showing textbook bullish strength. After forming a double-bottom pattern around $0.1265 in June, the coin confirmed a breakout with volume surging 132% in just 24 hours.
The key technical indicators on TradingView suggest a positive outlook for buyers. The MACD shows a clear bullish divergence, with the histogram at +0.0108, its highest level since March 2025. This indicates that buying momentum is increasing.
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Moreover, the RSI stands at 84.88, showing an overbought condition. However, during intense breakout phases, momentum can remain in this range for some time without reversing quickly, especially when the increase comes from actual buying rather than speculation.
Crypto analyst CW (@CW8900) highlighted on X that HBAR is approaching its final sell wall at $0.32, a crucial level that, if broken, could unlock a much larger uptrend.
CW’s chart shows a clear zone of previous heavy selling pressure that aligns with the next Fibonacci extension level (127.2%), making this resistance critical.
Hedera Price Outlook
The key level to watch currently is $0.32. If HBAR breaks above that, it could climb fast to 0.35 or even $0.38, especially if Bitcoin keeps pushing higher.
Looking further ahead, if the buzz around Hedera’s AI partnership with NVIDIA and Accenture keeps growing, and if the market shifts into a full altcoin season, HBAR could easily reach $0.50 in the near term, a level it hasn’t touched since 2021.
However, if HBAR gets rejected at this resistance, expect a healthy pullback toward $0.26–$0.247, where buyers are likely waiting.
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