{"id":101742,"date":"2025-10-02T22:00:12","date_gmt":"2025-10-02T22:00:12","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=101742"},"modified":"2025-10-02T22:00:12","modified_gmt":"2025-10-02T22:00:12","slug":"hedera-hbar-price-eyes-0-30-breakout-as-etf-decision-and-elliott-wave-signals-build","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=101742","title":{"rendered":"Hedera (HBAR) Price Eyes $0.30 Breakout as ETF Decision and Elliott Wave Signals Build"},"content":{"rendered":"

Hedera (HBAR) is gaining momentum as \u201cETF season\u201d heats up and technical patterns align for a potential upward move.<\/p>\n

After bouncing from a September low near $0.205, HBAR has formed constructive patterns, an Elliott Wave advance, a double bottom, and a 10-week descending wedge, that together suggest a bullish turn.<\/p>\n

With a final decision on a proposed HBAR spot ETF expected in November, traders are wondering if a clear break above $0.23\u2013$0.24 could lead to the $0.30 level.<\/p>\n

ETF Season Puts HBAR in the Spotlight<\/strong><\/h2>\n

Macro tailwinds are strengthening, with the SEC expected to make decisions on numerous crypto ETF applications<\/a> in October\u2013November. Analysts believe that current listing standards improve the chances of approval.<\/p>\n

Hedera, which has been under review for a spot ETF since 2024, could benefit from an increase in approvals that would expand U.S. investor access.<\/p>\n

Additionally, Hedera\u2019s reputation in the enterprise sector, governed by reputable council members and involved in real-world finance initiatives like SWIFT panels and public-sector pilots, supports positive sentiment and keeps HBAR relevant as institutions seek scalable, low-cost settlement solutions.<\/p>\n

Elliott Wave & Wedge Patterns Flag Upside Continuation<\/strong><\/h2>\n

On the daily chart, HBAR<\/a> completed a double bottom at approximately $0.205 (on September 5 and 26), with a neckline around $0.255.<\/p>\n

Price action has since contracted into a falling wedge lasting over 10 weeks, often a sign of upcoming breakouts, while analysts view the move as Wave 2 within an Elliott Wave cycle that started with a 140% surge from late June to late July.<\/p>\n

A shift into Wave 3, typically the longest and most impulsive phase, would bring the year-to-date high of about $0.3065 into focus, with potential to challenge last November\u2019s peak of around $0.40 if momentum broadens.<\/p>\n

Market internals are also improving, with a rising Chaikin Money Flow indicating steady net inflows. A move above $0.242\u2013$0.248 could trigger approximately $32 million in short liquidations, fueling any upside breakout.<\/p>\n\n

Hedera Key Levels to Watch: $0.22 Support, $0.30 Resistance, and $0.40 Target<\/strong><\/h2>\n

The near-term structure remains tight. Traders need a clear close above $0.230\u2013$0.242 to confirm a wedge breakout; reaching $0.248 could trigger forced short exits, boosting gains.<\/p>\n

Breaking above $0.30 would confirm the inverse head-and-shoulders pattern and support the Elliott Wave projection toward $0.3065, then $0.35\u2013$0.40 as market breadth improves.<\/p>\n

On the downside, $0.205 serves as the main invalidation level. A daily close below the double-bottom would diminish the bullish momentum and could lead to a drop towards $0.198. Until then, positive ETF headlines and strong flows suggest that the Upside bias in October remains intact.<\/p>\n

Cover image from ChatGPT, HBARUSD chart on Tradingview<\/p>","protected":false},"excerpt":{"rendered":"

Hedera (HBAR) is gaining momentum as \u201cETF season\u201d heats up and technical patterns align for a potential upward move. After bouncing from a September low near $0.205, HBAR has formed constructive patterns, an Elliott Wave advance, a double bottom, and a 10-week descending wedge, that together suggest a bullish turn. With a final decision on […]<\/p>\n","protected":false},"author":0,"featured_media":101743,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-101742","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/101742"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=101742"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/101742\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/101743"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=101742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=101742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=101742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}