Here’s Why Hedera (HBAR) Price Is Pumping Today

It’s the beginning of a new week, and the crypto market is finally turning green, up more than 1.3% in the past day. 

Hedera is one of the biggest winners. The HBAR price has climbed almost 10% and is now 

trading around $0.1493. Trading volume also exploded by 193%, showing strong buyer interest. That momentum has quickly pushed HBAR into the second spot among today’s top gainers.

The biggest driver is Coinbase’s upcoming launch of 24/7 HBAR futures trading on December 5. This gives institutions and advanced traders easier ways to access HBAR, hedge, and build positions – which usually increases liquidity and price action. 

Similar futures launches for SOL and XRP previously led to big volatility spikes, so many traders are positioning early.

Read Also: Here’s Where Mantle (MNT) Price Is Headed This Week

Moreover, HBAR is also getting attention from the ETF side. The IRS now allows staking inside ETFs, which means future HBAR ETFs could earn yield while keeping tax advantages. 

The SEC has also approved new listing standards, making it easier to launch more HBAR-based products. 

Wyoming’s decision to use Hedera for its state-backed stablecoin and Canary tokenizing its HBAR ETF directly on the network also strengthen the long-term narrative. All of this together has boosted confidence around Hedera’s role in real-world adoption.

What the HBAR Chart Is Showing

Analyst Marzell points out a bullish setup forming on the weekly chart. The HBAR price has printed a potential triple bottom right inside a major demand zone – an area where buyers have consistently stepped in. Price is still moving inside a falling channel, but it continues to respect that structure.

This combination often leads to strong reversals because it traps bears expecting a breakdown. One clean breakout from the channel could quickly flip momentum and send the price higher.

Source: X/Marzell

HBAR Price Short-Term Outlook This Week

If today’s momentum continues, the Hedera price could push toward the next resistance areas near $0.16 and potentially $0.18. 

However, a breakout from the falling channel would support that move. But if the rally cools down, support around $0.13–$0.12 should be watched closely, since that’s where the triple bottom formed.

For now, the setup looks promising – rising interest, futures coming soon, ETF progress, and a bullish chart structure all point to growing momentum. Hedera (HBAR) may be gearing up for something bigger, and the market is starting to notice.

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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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