Hedera’s HBAR fell by about 1.6% to hovering that day, nearly $0.211, but the overall outlook for “Uptower” remains positive.
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Momentum is supported by the increased optimism of ETFs, and new trust and ETF debate will make HBAR the same conversation as massive Altcoins, along with HBAR new engagement from Swift.
Hedera creates a global partnership
Hedera representatives participated in the SIBOS panel at Bundesbank in Swift, Citi and Germany to discuss the interoperability of digital currencies and highlight Hedera’s role in real-world funding.
Meanwhile, Wyoming’s frontier stubcoin pilots, selecting HBAR for low-cost, fast settlements, continue to examine Hedera’s enterprise-first approach.
Under the Hedera Governing Council, which features companies such as Google and IBM, the network’s value proposition is clear. Hashgraph consensus provides high throughput, low fees and energy efficiency.
These fundamentals, coupled with institutional submissions and improved macro narratives for regulated cryptographic products, put HBAR on the watch list despite short-term volatility.
Price Action: “Up to the HBAR key level”
Technically, the structure of the HBAR shows a recovery from a two-month low of nearly $0.21. Prices are still wrapped inside the downward wedge.
Immediate support ranges from $0.212 to $0.205. Losing that range could potentially slide to $0.198. The advantage is that $0.226-0.230 remains the initial barrier. The clear break above could target $0.235 and mid-September highs at nearly $0.245, with an October stretch level of $0.285 if momentum accelerates.
HBAR's price trends sideways on the daily chart. Source: HBARUSD on Tradingview
The momentum indicators are mixed but stable. The RSI rebounded from overfolding (28) in the mid-40s, but Chaikin’s money flow tends to be high, suggesting a net inflow.
If the Bulls fail to adhere to their support levels, a narrow golden cross between 50 and 200 days of Emma warns a narrow golden cross between 50 and 200 days of Emma. For swing traders, the strategy is simple. The negative side risk of respect falls below $0.205, but it pushes it up to $0.245-0.285 in search of confirmations above $0.230.
Enterprise adoption gains momentum with risk
HBAR’s stories are supported by enterprise integration (payments, identity, and tokenization) and consistently very low fees (<$0.0001), making them appealing for high-frequency payments.
On-chain, active addressing, and staking participation is increasing, and sentiment is bullish entering the fourth quarter, driven by ETF hopes and public sector pilots.
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However, risks including a $0.235 rejection remain, which could lead to continuous integration. Competition with high-throughput rivals like Solana remains fierce. And a wider bitcoin decline could limit Altcoin rallies.
ChatGpt cover image, Hbarusd chart in TradingView