Can HBAR Break $1 in This Bull Run?

Beginner5/21/2025, 5:03:13 AM
The latest price of HBAR is about $0.22. This article comprehensively analyzes its potential to hit $1 in this bull run from the perspectives of technical analysis, ETF advancement, and RWA landing.

HBAR latest price and trend overview


Image:https://www.gate.com/trade/HBAR_USDT

As of mid-May 2025, the HBAR price is approximately $0.22, rebounding by more than 75% from the low point in April, and increasing by over 400% compared to the end of 2024. In the past two weeks, the price has broken through the key resistance level of $0.18, reaching a new high since early March, and the market attention has significantly increased.

Technical analysis in the context of a bull run

  • Key support and resistance levels
- Support levels: $0.18, $0.12 (April bottom)
- Resistance levels: $0.3965 (yearly high), $0.5820 (all-time high), $1 (psychological barrier)
  • Indicator signal
- HBAR price has broken through the 50-week Exponential Moving Average (EMA)
- RSI indicator breakthrough 50, indicating strengthening bullish momentum
- Murrey Math Lines show that the price has crossed the key S/R pivot, opening up room for further upside potential in the future.
  • technical form
- Break the neckline of the double bottom (0.18 US dollars) to confirm the trend reversal
- If it successfully breaks through $0.3965, there is potential to open up space to attack the historical high of $0.5820.

Fundamental Catalyst Interpretation

  1. Bitcoin leading effect
    The trend of HBAR is highly correlated with Bitcoin. Currently, with the continuous inflow of ETF funds and decreasing supply, BTC continues to strengthen, driving up the overall market risk appetite. If BTC continues its upward trend, it will drive more funds into HBAR and other mid-cap tokens.
  2. ETF promotion and institutional entry
    The ETF application for HBAR has been submitted to the SEC by Grayscale and Canary Capital. With Ethereum spot ETF gradually progressing, the market believes HBAR also has the potential to be approved. Once the ETF is approved, it will bring stronger compliance and liquidity support to the token.
  3. RWA (Real World Assets) landing scenarios
    Hedera is actively laying out the RWA track and has partnered with institutions such as Tokeny Solutions to conduct tokenization pilots. With its high performance and low transaction fees, HBAR is expected to become the infrastructure for on-chain enterprise-level assets, opening up long-term growth potential.

The main resistance and risks faced

  • Valuation pressure and capital needs
    If HBAR is to rise from its current price to $1, the total market value needs to reach $42 billion, posing huge financial pressure, which is difficult to achieve solely by existing retail investors.
  • Potential technical pullback
    If the price falls below the $0.18 support level, the short-term structure will be disrupted, potentially triggering further adjustments and returning to a range-bound pattern.
  • Policy and market uncertainty
    If the ETF fails to be approved for a long time or the Bitcoin market enters a pullback period, it will have an impact on the upward momentum of HBAR.

Practical strategies and investment advice

  • Build positions in batches to reduce costs
    Considering the current price is in the early stages of breaking through, you can choose to gradually build positions near $0.20, $0.18 to control the overall position cost.
  • Set stop loss, control risk
    If the price falls below $0.15, it is recommended to stop loss and exit to prevent further losses caused by trend reversal.
  • Focus on the progress of ETF approval and ecological cooperation
    The approval of ETF and collaboration with RWA project are the most important catalysts for HBAR recently, investors are advised to closely follow the relevant news updates.
  • Control position ratio
    Given that HBAR is still a mid-cap project, it is recommended not to exceed 10% of the total investment in the portfolio.

Conclusion:

HBAR has a strong technical trend and multiple fundamental positives, indeed has the opportunity to challenge $1 in this bull run. However, this target not only requires sustained market sentiment, but also relies on various factors such as Bitcoin market trends, ETF progress, and application implementation. In the highly volatile crypto market, scientific position control and risk awareness are still the biggest support for investors.

Author: Max
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
* This article may not be reproduced, transmitted or copied without referencing Gate. Contravention is an infringement of Copyright Act and may be subject to legal action.

Can HBAR Break $1 in This Bull Run?

Beginner5/21/2025, 5:03:13 AM
The latest price of HBAR is about $0.22. This article comprehensively analyzes its potential to hit $1 in this bull run from the perspectives of technical analysis, ETF advancement, and RWA landing.

HBAR latest price and trend overview


Image:https://www.gate.com/trade/HBAR_USDT

As of mid-May 2025, the HBAR price is approximately $0.22, rebounding by more than 75% from the low point in April, and increasing by over 400% compared to the end of 2024. In the past two weeks, the price has broken through the key resistance level of $0.18, reaching a new high since early March, and the market attention has significantly increased.

Technical analysis in the context of a bull run

  • Key support and resistance levels
- Support levels: $0.18, $0.12 (April bottom)
- Resistance levels: $0.3965 (yearly high), $0.5820 (all-time high), $1 (psychological barrier)
  • Indicator signal
- HBAR price has broken through the 50-week Exponential Moving Average (EMA)
- RSI indicator breakthrough 50, indicating strengthening bullish momentum
- Murrey Math Lines show that the price has crossed the key S/R pivot, opening up room for further upside potential in the future.
  • technical form
- Break the neckline of the double bottom (0.18 US dollars) to confirm the trend reversal
- If it successfully breaks through $0.3965, there is potential to open up space to attack the historical high of $0.5820.

Fundamental Catalyst Interpretation

  1. Bitcoin leading effect
    The trend of HBAR is highly correlated with Bitcoin. Currently, with the continuous inflow of ETF funds and decreasing supply, BTC continues to strengthen, driving up the overall market risk appetite. If BTC continues its upward trend, it will drive more funds into HBAR and other mid-cap tokens.
  2. ETF promotion and institutional entry
    The ETF application for HBAR has been submitted to the SEC by Grayscale and Canary Capital. With Ethereum spot ETF gradually progressing, the market believes HBAR also has the potential to be approved. Once the ETF is approved, it will bring stronger compliance and liquidity support to the token.
  3. RWA (Real World Assets) landing scenarios
    Hedera is actively laying out the RWA track and has partnered with institutions such as Tokeny Solutions to conduct tokenization pilots. With its high performance and low transaction fees, HBAR is expected to become the infrastructure for on-chain enterprise-level assets, opening up long-term growth potential.

The main resistance and risks faced

  • Valuation pressure and capital needs
    If HBAR is to rise from its current price to $1, the total market value needs to reach $42 billion, posing huge financial pressure, which is difficult to achieve solely by existing retail investors.
  • Potential technical pullback
    If the price falls below the $0.18 support level, the short-term structure will be disrupted, potentially triggering further adjustments and returning to a range-bound pattern.
  • Policy and market uncertainty
    If the ETF fails to be approved for a long time or the Bitcoin market enters a pullback period, it will have an impact on the upward momentum of HBAR.

Practical strategies and investment advice

  • Build positions in batches to reduce costs
    Considering the current price is in the early stages of breaking through, you can choose to gradually build positions near $0.20, $0.18 to control the overall position cost.
  • Set stop loss, control risk
    If the price falls below $0.15, it is recommended to stop loss and exit to prevent further losses caused by trend reversal.
  • Focus on the progress of ETF approval and ecological cooperation
    The approval of ETF and collaboration with RWA project are the most important catalysts for HBAR recently, investors are advised to closely follow the relevant news updates.
  • Control position ratio
    Given that HBAR is still a mid-cap project, it is recommended not to exceed 10% of the total investment in the portfolio.

Conclusion:

HBAR has a strong technical trend and multiple fundamental positives, indeed has the opportunity to challenge $1 in this bull run. However, this target not only requires sustained market sentiment, but also relies on various factors such as Bitcoin market trends, ETF progress, and application implementation. In the highly volatile crypto market, scientific position control and risk awareness are still the biggest support for investors.

Author: Max
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
* This article may not be reproduced, transmitted or copied without referencing Gate. Contravention is an infringement of Copyright Act and may be subject to legal action.
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