Here’s Where Hedera (HBAR) Price Is Headed This Week

Hedera (HBAR) is having a much stronger week than most of the market. While many altcoins are still struggling, the HBAR price jumped more than 15% in the past day and is now trading around $0.1930. 

Trading volume also climbed over 120%, which tells you buyers are finally stepping back in with confidence.

What makes this move interesting is that it comes at a time when Bitcoin and Ethereum ETFs saw more than $1.17 billion in outflows. Yet HBAR-focused funds moved in the opposite direction, pulling in $26.8 million last week. 

Europe drove most of those inflows, showing that institutions still see Hedera’s enterprise angle – things like CBDCs, supply-chain tracking, and regulated infrastructure – as something worth backing. 

On top of that, the newly launched Canary HBAR ETF has already crossed $71 million AUM, which is impressive this early.

What the Hedera Chart Is Showing

The 4H chart shows a clean bounce from the $0.155–$0.16 zone, which acted as a solid bottom. From there, buyers stepped in with real momentum, sending the HBAR price straight into its important resistance area around $0.19–$0.20. Late October, price even spiked up to $0.219, but it couldn’t sustain the breakout yet.

Still, the overall structure looks healthier. HBAR is finally forming higher lows again, something it hasn’t done in weeks. 

As long as this pattern continues, the market is signaling that bullish pressure is slowly building. A confirmed close above $0.20 would open the door toward the $0.215–$0.22 area, which is where sellers last stepped in.

Source: Coinank

Market Indicators

Momentum indicators are starting to align with the recent move. RSI is sitting in the mid-40s, which shows strength without being overbought. That gives the Hedera price room to keep pushing if buyers stay active.

Open interest is stabilizing near $150 million, which suggests a steady flow of new positions without excessive leverage. Shorts have eased off slightly, while long positions picked up – another sign of improving sentiment.

The MACD on the 4H chart is also turning positive, with green histogram bars expanding. That shift usually supports trend continuation rather than a quick retrace.

Read Also: XRP Price Could Hit $43 If It Mirrors Zcash’s 1,775% Rally – Here’s the Breakdown

Hedera Price Short-Term Outlook for This Week

HBAR has one major job this week: reclaim and hold $0.20. If it manages to do that, the next logical target sits in the $0.215–$0.22 region. A breakout there would set the stage for a move toward $0.24, which hasn’t been tested since October.

If the Hedera price cools off instead, support builds first at $0.175, and then at the stronger $0.155–$0.16 zone. As long as HBAR stays above that lower area, its short-term bullish setup stays intact.

Between strong ETF inflows, rising volume, and improving technicals, Hedera is positioned better than many altcoins right now. If this momentum holds, HBAR could see more upside as the week unfolds.

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Boluwatife Afe
Boluwatife Afe

Boluwatife is a dedicated content strategist specializing in the crypto industry and is passionate about blockchain technology and digital currencies. With a keen eye for emerging trends and a talent for making complex topics accessible, Boluwatife aims to educate and inspire the crypto community through engaging and insightful content.

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