Hedera’s HBAR token is showing bullish signals that suggest it could soon start a rally to a new all-time high. Crypto Winkle, a leading market analyst, points to Grayscale’s recent ETF filing as a major catalyst. Only one resistance level now stands between current prices and potential all-time highs.
According to Crypto Winkle, HBAR has caught the market’s attention with its hashgraph technology. The system offers faster speeds and better security than traditional blockchains. Another major bullish factor is that major tech companies like Google and IBM back the Hedera project, giving it serious credibility.
What you'll learn 👉
HBAR Price Chart Looks Promising
Looking at the charts presented by Crypto Winkle, a strong support zone has held firm at around $0.2. This led to a clear bullish reversal a few days ago. HBAR is now struggling below a key resistance zone at around $0.25 level. Breaking above this resistance could trigger a major breakout.
The MACD indicator shows growing momentum, with its blue line crossing above the orange signal line.
The technical setup is forming, we’re seeing higher lows form while momentum builds. These signs typically lead to strong upward moves.
The technical analyst expects a spike once the resistance breaks. Once this final barrier breaks, he expects HBAR to hit levels never seen before.
Fundamental Factors That Could Support Hedera Price Growth
HBAR fundamentals look just as strong as its technical signals. The network processes over 10,000 transactions per second with tiny fees. This speed makes it attractive for businesses looking to build real-world applications.
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A council of 39 global companies governs Hedera. This structure adds stability and trust to the project. Combined with Grayscale’s recent interest through their EFT filing, it shows HBAR is gaining recognition beyond crypto circles.
The token has a fixed supply of 50 billion. This limit could drive prices higher as more users join the network. New partnerships in finance, gaming, and healthcare keep expanding Hedera’s reach.
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