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Key Takeaways:
- HBAR has regained bullish momentum, supported by parabolic trendlines and a key mention in a White House crypto report.
- Breaking the $0.295 resistance could send the price toward $0.375 and eventually $0.42.
- XRP’s recent rally provides a bullish fractal, suggesting HBAR could mirror the move in Q3 2025.
The price of Hedera (HBAR) is gaining traction as bullish technicals and renewed fundamentals align, pointing to a potential rally toward a new cycle high. Following a sharp rebound from its parabolic support trend, HBAR is poised to break out — with $0.42 now firmly in focus.
White House Report Sparks Renewed Interest
HBAR’s recent momentum received a notable boost after being mentioned in a White House report on the digital asset ecosystem. This rare nod from the U.S. government added credibility and drew fresh attention to Hedera’s enterprise-grade network. As a result, investor sentiment has turned sharply positive, echoing patterns seen in previous XRP breakouts.
Parabolic Support Holds Firm
Since June 22, HBAR has followed a steep parabolic ascent, facing only brief pullbacks. Despite rejections near the $0.295 Fibonacci resistance level, the token bounced strongly with a bullish engulfing candlestick, indicating buying pressure remains high.
Indicators like RSI and MACD previously flashed bearish divergences, but these have already played out, clearing the path for renewed upward movement. If HBAR breaks above $0.295, the next key levels to watch are $0.375 and $0.42 — with the latter representing a potential new cycle high.
Elliott Wave Count Suggests Wave Five Has Begun
Technical analysis reveals HBAR has just exited a corrective wave four and is entering wave five, which historically carries the strongest price acceleration. The formation of a running flat in wave four suggests pent-up momentum, and analysts project the rally could peak at $0.42 before a broader correction.
Interestingly, HBAR’s chart mirrors XRP’s recent price trajectory. Both assets peaked in late 2024 and corrected into mid-2025. XRP already broke to a new high — and if the fractal holds, HBAR could soon follow suit.
With bullish momentum building, favorable fractals, and institutional recognition via the White House report, HBAR appears well-positioned for a breakout. A move above $0.295 could trigger a sharp rally to $0.42 in the coming weeks.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses
Also Read: Robinhood Boosts Hedera (HBAR) with New Listing as Price Eyes $0.30 Breakout
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
