TLDR
- HBAR price has gained traction, rising above $0.24, signaling renewed strength in the market.
- The market cap of HBAR has increased by 5.6%, reaching $10.5 billion.
- Daily trading volume surged more than 100%, surpassing $430 million, reflecting stronger investor confidence.
- The SEC approved a generic ETF framework, reducing approval timelines and boosting digital asset interest.
- Analysts predict HBAR price could reach $1.80, driven by technical resilience and strong structural support.
HBAR price has seen significant growth, climbing above $0.24, signaling renewed strength in the market. The token’s market cap rose by 5.6% to $10.5 billion. In addition, daily trading volume surged by over 100% to $430 million, reflecting stronger investor confidence.
The SEC’s approval of the generic ETF framework has provided a much-needed boost to digital assets. The decision reduces approval timelines from 240 to 75 days. Analysts expect the approval of more than 100 digital asset ETFs within the next year.
HBAR Price Remains Bullish After Fibonacci Support Bounce
HBAR price recently bounced from the 0.382 Fibonacci support zone at $0.22, signaling a potential upward trend. Currently trading near $0.25, the token has maintained stability above key support levels. The breakout from a flag formation earlier this year suggests continued bullish momentum.
Analysts predict that if HBAR holds above the $0.22 level, the next resistance point could be around $0.40. Fibonacci projections suggest that $0.65 could be a significant target in the medium term. The long-term outlook for HBAR price is even more optimistic, with an analyst targeting $1.80.
$HBAR has now bounced off of our 0.382 support block at $0.22. The road to $1.20/$1.80 is in full swing. pic.twitter.com/qGu1ezAKCM
— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) September 13, 2025
SEC Approval and Strong Technicals Fuel HBAR Price Optimism
The SEC’s decision to approve a generic ETF framework has provided clarity for the digital asset market. Investors now expect institutional interest in assets like HBAR to increase, driven by regulatory certainty. This positive environment could lead to sustained accumulation and price appreciation for HBAR.
In addition, HBAR’s derivatives market has seen significant growth. Open Interest in HBAR jumped 13.42% to $466 million, according to CoinGlass. This indicates a surge in speculative activity, adding to the bullish outlook for HBAR price.