Rebeca Moen
Aug 17, 2025 10:15
HBAR trades at $0.26 (+2.41% in 24h) as speculation around a potential BlackRock spot ETF filing drives institutional interest and whale accumulation continues.
Quick Take
• HBAR currently trading at $0.26 (+2.41% in 24h)
• Hedera’s RSI at 53.18 shows neutral momentum with room for upward movement
• BlackRock ETF speculation and $11 billion market cap milestone driving bullish sentiment
What’s Driving Hedera Price Today?
The HBAR price momentum stems from multiple catalysts converging over the past week. Most recently, speculation emerged on August 13th regarding BlackRock potentially filing for a Hedera spot ETF, following crypto analyst STEPH IS CRYPTO’s post on X. While this remains unconfirmed, the mere possibility has sparked institutional interest discussions across crypto communities.
This ETF speculation builds on concrete positive developments from earlier in the week. On August 9th, HBAR’s market capitalization surpassed the significant $11 billion milestone following a 7.62% price surge. The previous day saw an even stronger 7.72% rally that pushed the HBAR price to $0.2635, driven by notable whale accumulation patterns.
The combination of institutional speculation and large holder activity has created a positive feedback loop for Hedera’s price action. Whale accumulation often signals confidence in longer-term prospects, while ETF speculation suggests mainstream financial adoption potential.
HBAR Technical Analysis: Neutral Momentum with Bullish Undertones
Hedera technical analysis reveals a market positioned for potential upward movement despite mixed short-term signals. The HBAR RSI currently sits at 53.18, indicating neutral territory with ample room for growth before reaching overbought conditions. This positioning suggests sustainable upward momentum potential.
The moving average structure supports the bullish narrative, with Hedera’s price trading above all major averages. The HBAR price of $0.26 sits comfortably above the SMA 200 at $0.20, indicating a strong long-term uptrend remains intact. More importantly, the current price level matches both the SMA 7 and SMA 20 at $0.25, suggesting recent consolidation around key technical levels.
However, the MACD histogram shows -0.0022, indicating some bearish momentum in the short term. This divergence between the overall bullish structure and near-term momentum suggests traders should watch for continuation patterns rather than aggressive breakouts.
Hedera’s Bollinger Bands position at 0.5949 places HBAR in the upper half of its recent trading range, with the upper band at $0.27 serving as immediate resistance. The daily ATR of $0.02 indicates moderate volatility, suggesting any moves will likely be measured rather than explosive.
Hedera Price Levels: Key Support and Resistance
Based on Binance spot market data, several critical Hedera support levels define the current trading structure. The immediate support sits at $0.23, coinciding with the lower Bollinger Band and representing a logical entry point for momentum traders. Below this, strong support emerges at $0.14, though reaching this level would require a significant market shift.
On the upside, HBAR resistance appears at $0.28 as the immediate target, followed by strong resistance at $0.30. Breaking above $0.28 would likely trigger additional buying from traders who view the move as confirmation of the bullish trend continuation.
The HBAR/USDT pair’s current positioning near $0.26 provides an interesting risk-reward setup. Traders have clearly defined levels for both profit-taking and stop-loss placement, with the $0.25 pivot point serving as a key decision level for market participants.
Should You Buy HBAR Now? Risk-Reward Analysis
For swing traders, the current HBAR price setup offers compelling risk-reward ratios. Entry near $0.26 with stops below $0.23 provides approximately 12% downside risk against potential 15-20% upside to the $0.30 resistance level. The ETF speculation adds fundamental support to this technical setup.
Conservative investors might consider dollar-cost averaging approaches, given the neutral HBAR RSI reading and overall bullish trend structure. The whale accumulation patterns suggest smart money views current levels as attractive, though individual investors should always consider their risk tolerance.
Day traders should focus on the $0.25-$0.28 range, using the moving averages as dynamic support and resistance levels. The moderate volatility indicated by the ATR suggests steady grinding moves rather than explosive breakouts, favoring patient position management over aggressive scalping.
Risk management remains crucial regardless of strategy. The strong support at $0.14 represents maximum downside in extreme scenarios, while the 52-week high of $0.37 shows the potential upside range for longer-term holders.
Conclusion
Hedera’s current technical and fundamental picture presents a cautiously optimistic outlook for the next 24-48 hours. The HBAR price has established itself above key moving averages while maintaining neutral momentum indicators that allow for upward movement. BlackRock ETF speculation provides additional fundamental support, though traders should remain aware that such speculation can quickly reverse sentiment if proven unfounded. Watch for a sustained break above $0.28 to confirm the next leg higher, while using $0.23 as a key support level for risk management decisions.
Image source: Shutterstock
