HBAR Price Targets New ATH after 31% Surge HBAR Eyes Fresh All-Time Highs as Trading Volume Surges HBAR Breaks Through Critical Resistance, Altcoin Poised for Top Ten HBAR ETF Demand Grows as Institutional Interest in Digital Assets Rises Coinbase Prime Adds HBAR to Custody Offerings, Boosting Adoption HBAR Price Soars 100% in 24 Hours, Altcoin Enters Top 15 by Market Cap HBAR’s Massive Rally After 36 Months of Consolidation, Altcoin Gains Prominence HBAR Breaks 0.61 Fibonacci Retracement Level, Bullish Momentum Builds HBAR Price Surge Comes With 100% Surge in Daily Trading Volumes HBAR Open Interest Surges 22%, Traders’ Interest Remains Strong HBAR Price Eyes $0.46 Level, Analysts Suggest Rapid Ascent to ATH HBAR Enters Top Positions in Social and Market Activity Rankings HBAR’s Altcoin Rally Trailing Only Litecoin, Analysts Expect Top Ten Entry HBAR Price Surge Driven by Donald Trump’s Election Victory HBAR Price Surge Fueled by Big Players Pushing for Greater Adoption HBAR Price Surge Marks Significant Recovery and Rally for Digital Asset HBAR Price Surge Closely Watched by Traders as Momentum Builds HBAR Price Surge Comes Amid Rapidly Evolving Crypto ETF Landscape HBAR Price Surge Gains Importance as Institutional Interest in Digital Assets Grows HBAR Price Surge Boosted by Recent Approval of Bitcoin ETFs HBAR Price Surge Positions Canary for Potential First-Mover Advantage HBAR Price Surge Fuels Positive Momentum in Crypto Market HBAR Price Surge Driven by Strong Traders’ Interest HBAR Price Surge Highlights Bullish Prospects for Further Price Gains HBAR Price Surge Shows Strong Momentum in Crypto Market HBAR Price Surge Marks Significant Milestone for Altcoin HBAR Price Surge Driven by Technical Levels and Market Activity HBAR Price Surge Shows Altcoin’s Potential for Top Ten Entry HBAR Price Surge Fueled by Institutional Interest and Adoption HBAR Price Surge Marks Altcoin’s Recovery and Rally HBAR Price Surge Closely Watched by Analysts and Traders HBAR Price Surge Gains Importance in Crypto Market HBAR Price Surge Boosted by Recent Developments in Crypto ETF Landscape HBAR Price Surge Positions Altcoin for Greater Adoption HBAR Price Surge Fuels Positive Momentum in Crypto Market HBAR Price Surge Driven by Strong Traders’ Interest HBAR Price Surge Highlights Bullish Prospects for Further Price Gains HBAR Price Surge Shows Strong Momentum in Crypto Market HBAR Price Surge Marks Significant Milestone for Altcoin HBAR Price Surge Driven by Technical Levels and Market Activity HBAR Price Surge Shows Altcoin’s Potential for Top Ten Entry HBAR Price Surge Fueled by Institutional Interest and Adoption HBAR Price Surge Marks Altcoin’s Recovery and Rally HBAR Price Surge Closely Watched by Analysts and Traders HBAR Price Surge Gains Importance in Crypto Market HBAR Price Surge Boosted by Recent Developments in Crypto ETF Landscape HBAR Price Surge Positions Altcoin for Greater Adoption HBAR Price Surge Fuels Positive Momentum in Crypto Market HBAR Price Surge Driven by Strong Traders’ Interest HBAR Price Surge Highlights Bullish Prospects for Further Price Gains HBAR Price Surge Shows Strong Momentum in Crypto Market HBAR Price Surge Marks Significant Milestone for Altcoin HBAR Price Surge Driven by Technical Levels and Market Activity HBAR Price Surge Shows Altcoin’s Potential for Top Ten Entry HBAR Price Surge Fueled by Institutional Interest and Adoption HBAR Price Surge Marks Altcoin’s Recovery and Rally HBAR Price Surge Closely Watched by Analysts and Traders HBAR Price Surge Gains Importance in Crypto Market HBAR Price Surge Boosted by Recent Developments in Crypto ETF Landscape HBAR Price Surge Positions Altcoin for Greater Adoption HBAR Price Surge Fuels Positive Momentum in Crypto Market HBAR Price Surge Driven by Strong Traders’ Interest HBAR Price Surge Highlights Bullish Prospects for Further Price Gains HBAR Price Surge Shows Strong Momentum in Crypto Market HBAR Price Surge Marks Significant Milestone for Altcoin HBAR Price Surge Driven by Technical Levels and Market Activity HBAR Price Surge Shows Altcoin’s Potential for Top Ten Entry HBAR Price Surge Fueled by Institutional Interest and Adoption HBAR Price Surge Marks Altcoin’s Recovery and Rally HBAR Price Surge Closely Watched by Analysts and Traders HBAR Price Surge Gains Importance in Crypto Market HBAR Price Surge Boosted by Recent Developments in Crypto ETF Landscape HBAR Price Surge Positions Altcoin for Greater Adoption HBAR Price Surge Fuels Positive Momentum in Crypto Market HBAR Price Surge

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The digital currency, HBAR (Hedera Network’s native token), has continued its upward trend, increasing approximately 11% within the past 24 hours, now trading at around $0.40. Boasting a market capitalization exceeding $14.4 billion, HBAR ranks as the 15th largest cryptocurrency by market cap. Crypto market analysts speculate that this significant price surge for Hedera could pave the way for a potential new record high in its future price trajectory.

Remarkably, the HBAR price increase is accompanied by a substantial 100% rise in daily trading volumes to reach approximately $2.7 billion. Moreover, Coinglass data indicates a significant jump of 22% in open interest for Hedera, now standing at $547 million, suggesting robust participation from traders. This data hints that the bullish trend could persist in the near future.

Hedera Price Eyes Fresh All-Time Highs

Currently, the surge in Hedera’s price has exceeded the 0.61 Fibonacci retracement barrier, suggesting a potential increase in its value according to bullish forecasts. As per crypto expert Tony Bitcoin, if today’s candlestick ends above the crucial $0.37 mark, it is expected that HBAR will ascend towards the 0.78 Fibonacci level, which stands at approximately $0.46.

If HBAR falls and verifies this particular point, the analyst predicts it may swiftly climb back to its record high (ATH) of $0.57, indicating a substantial rebound and surge for the digital currency. Traders are keeping a close eye on these technical indicators as bullish sentiment intensifies in the market.

Source: Tony Bitcoin

After Donald Trump’s win in the 2024 elections in November, the value of Hedera saw a significant surge following a period of approximately 36 months where its price remained relatively stable. HBAR has since moved up to be among the leading coins in terms of social and market activity, just behind Litecoin. This strong performance has led analysts to predict that Hedera will break into the top ten cryptocurrencies during the next major market uptrend.

With Hedera cryptocurrency growing in popularity, major players are aggressively pursuing broader acceptance. Coinbase Prime has recently expanded its services to include secure storage for Hedera (HBAR), catering to institutional investors. However, it’s important to note that the availability of these custody services may differ based on the specific custodian entity and the customer’s jurisdiction.

Hedera (HBAR) is now available for custody on Coinbase Prime! .

Availability of this asset may be restricted based on custodian entity and customer jurisdiction.

— Coinbase Institutional 🛡️ (@CoinbaseInsto) January 16, 2025

HBAR ETF Demand Grows

In the rapidly changing world of crypto Exchange Traded Funds (ETFs), Canary’s early adoption of a Hedera ETF puts it in a strong position to potentially claim first-mover status, which could further boost its positive trajectory. This development becomes more significant as institutional interest in digital assets increases, largely due to the recent greenlight for Bitcoin ETFs.

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2025-01-17 13:41