The Hedera price is up 21.84% to around $0.115 in 24 hours, pushing against a weaker crypto market as fresh institutional activity puts HBAR back on traders’ radar. The move has also lifted HBAR roughly 30% over the past week, with daily data showing the token climbing from $0.0788 on September 19 to an intraday high of $0.1155 on September 28.
The main catalyst is reports that BlackRock’s ICS US Treasury Money Market Fund shares are being tokenized on Hedera through Securitize. That story comes alongside growing interest in real-world assets, IBM’s Hedera-based IDTrust listing and stronger altcoin performance.
With the HBAR price now testing key technical levels, traders are asking whether the token could repeat one of its biggest historical moves.
What you'll learn 👉
HBAR Has Repeatedly Rallied After Weekly MA50 Breakouts
The chart shared by Doctor Profit shows a pattern that HBAR traders are watching closely. The analyst points to previous occasions when the HBAR crossed above its 50-week moving average, with the chart marking historical moves of 1,610%, 224%, 428% and 218%. These figures come from the price ranges marked on the chart, not from a guaranteed projection for the next move.
$HBAR
— Doctor Profit 🇨🇠(@DrProfitCrypto) September 28, 2026
Every time HBAR crossed the MA50 weekly, it saw strong upside moves afterwards. With the growing focus on tokenized finance, coins such as QNT or ONDO pumped very strong recently. I am buying as its breaking out right now pic.twitter.com/zxvGTrjru1
Doctor Profit wrote that each time the Hedera price crossed the weekly MA50, strong upside followed, adding that he was buying as the token broke out. He also connected the setup to tokenized finance, pointing to QNT and ONDO as examples of tokens that posted large moves.
The key technical point is that HBAR is attempting to establish itself above a long-term trend indicator after its move from below $0.08 to above $0.11.
The latest price data gives the setup some context. The Hedera price traded as low as $0.07798 on September 19 before reaching $0.11546 on September 28, representing an intraday rise of about 48% from that low. The question now is whether the weekly MA50 breakout can develop into another extended move or whether HBAR loses the breakout level.
Why Is Hedera Price Pumping?
The main catalyst is the BlackRock tokenization story. Social-media posts have reported that shares of BlackRock’s ICS US Treasury Money Market Fund are being tokenized on Hedera through Securitize. BlackRock’s fund had about $37.97 billion in net assets as of September 24, although official confirmation that these shares are being tokenized specifically on Hedera remains important before treating the report as fully confirmed.
The second factor is broader altcoin rotation. One September 26 reading put the Altcoin Season Index at 71, up from 44 a week earlier, although it remained below the 75 threshold used to define broad altcoin season. HBAR has also gained against Bitcoin, with the HBAR/BTC rate up 27.27% over 30 days.
There is also a separate enterprise catalyst. The Hashgraph Group announced on September 23 that its Hedera-based IDTrust platform had been validated and listed on the IBM Cloud Catalog, giving enterprises access to identity infrastructure for AI agents, devices and people. The actual number of enterprise deployments and the amount of identity traffic routed through Hedera have not been disclosed.
Related Hedera News: Hedera Price Prediction: Analyst Spots a Setup for an Extraordinary Rally
Where Will Hedera Price Go Next?
Path one:
$0.121. If HBAR holds the $0.109 area and clears $0.115, the next level from the provided setup is $0.121. That would represent roughly a 5% move from $0.115.
Path two:
$0.17–0.18. A sustained breakout above $0.121 could open the door toward the previous resistance zone around $0.17. From $0.115, that would require a move of about 48%.
Path three:
$0.097. If HBAR loses $0.109 and then breaks $0.101, the downside setup points toward $0.097. That would put the HBAR price about 15.7% below $0.115. The September 30 U.S. PCE inflation report is another major macro event that could influence crypto volatility around these levels.
For the HBAR price, $0.109, $0.101 and $0.121 are the key levels to watch first.
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