- Recent positives include a July 2nd testnet upgrade, events like RareEvo 2025, and community discussions on development.
- SEC delayed Hedera ETF decisions, cooling short-term sentiment, though traders watch for upside if $0.17 breaks with volume.
Hedera Hashgraph (HBAR) is trading at $0.16008 USDT, showing a +0.48% gain over the last 24 hours, with a weekly performance of +4.91%.
Despite this recent strength, HBAR has posted a −2.56% monthly decline, and remains deep in negative territory −40.45% YTD, with a −44.59% drawdown over the last 6 months.
Over the past year, however, HBAR has still delivered a notable +128.86% gain, suggesting a high-volatility recovery pattern from 2023 lows.
From a technical standpoint, HBAR is forming a possible bullish trend reversal, supported by a recent bounce above the 200-day EMA, with analysts noting a shift in structure toward higher highs and higher lows. Price is stabilizing above $0.158, with the next breakout target at $0.165–$0.172.
A clean move beyond that resistance zone could open the path toward $0.20, while downside risk remains at $0.148–$0.150. Momentum indicators are neutral-bullish, with volume steadily increasing.
Recent developments have added positive momentum to HBAR’s market narrative. Hedera successfully completed a testnet upgrade on July 2, as part of ongoing improvements to its enterprise-grade consensus service. Additionally, upcoming events such as RareEvo 2025 (August 6–10) and its prior presence at IBW2025 are helping increase visibility and community engagement.
ETHNews analysts also highlight the recent HBAR Community Call, which focused on ecosystem development, SDK upgrades, and partnerships within the enterprise tokenization space.
From a macro perspective, discussions around a Hedera-based ETF remain speculative after the SEC delayed its decision on Hedera and Polkadot ETFs, citing the need for additional review. While this has not triggered major selloffs, it has dampened short-term bullish sentiment.
Nonetheless, traders are closely watching for follow-through from recent accumulation patterns, with some setups targeting 15–25% upside if $0.17 is broken with volume.
