The HBAR price is trading around $0.076, and there are a few reasons traders are paying close attention right now. A bullish chart setup is still in play, a major U.S. crypto vote is only days away, and Hedera continues to expand its footprint in the tokenization market.
None of those factors guarantee a rally, but together they give the HBAR price a stronger story than it had a few months ago. The big question now is whether buyers can turn that into a move toward the next resistance levels.
What you'll learn 👉
The HBAR Price Is Trying to Hold Its Recovery
We pulled up the HBAR chart. It’s trading at $0.07609 after moving from a low near $0.064. One of the bigger developments: HBAR broke above a descending trendline that had been capping it for months.
After that breakout, it pulled back and started testing support instead of giving up those gains. That’s usually a good sign. The first support level is around $0.07463. Below that, traders are watching $0.07201 and $0.06844. As long as those levels remain intact, the recovery structure stays alive.
The chart also follows an Elliott Wave setup. In that structure, the move from $0.064 to $0.08419 is viewed as the first impulsive wave, and the latest dip is treated as a corrective wave. If that view proves correct, the next upside targets for the HBAR price come in around $0.08966 and $0.09807.
Beyond that, traders will be watching the psychological $0.11 level. For now, the line that matters most is $0.064. A break below that level would invalidate the bullish setup and force traders to reassess the outlook.
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A Senate Vote Could Be the Next Catalyst
The crypto market is also watching Washington. On September 15, the U.S. Senate is set to hold a procedural vote on the Digital Asset Market Clarity Act, better known as the CLARITY Act. The bill is meant to create a clearer regulatory framework for digital assets.
That matters for Hedera because regulators previously classified HBAR as a digital commodity earlier this year. If the legislation advances, institutions may gain more confidence when it comes to using digital assets for payments, custody services, and tokenized financial products.
For the HBAR price, any improvement in regulatory certainty could help sentiment at a time when investors are already looking for reasons to return to altcoins. But HBAR is also getting support from what is happening inside the ecosystem. Hedera has become one of the networks being used for real-world asset tokenization.
What’s Next for the HBAR Price?
HBAR is still at a crossroads. If support between $0.07463 and $0.07201 holds, buyers will likely set their sights on $0.08419 first. A move above that could open the door to $0.08966 and $0.09807, with $0.11 as the bigger target down the road.
If the market loses support at $0.07463, attention would move to $0.07201 and $0.06844. A deeper drop toward $0.064 would put the bullish structure under serious pressure. For now, the HBAR price has a constructive chart setup, an important regulatory event on the calendar, and growing exposure to the tokenization market. The next few weeks should reveal whether those factors are enough to push Hedera into its next leg higher.
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