Hedera’s HBAR token saw a modest rebound in early October 2025, climbing from around $0.21 to $0.23. This move highlights a ongoing battle between buyers and sellers, set against a backdrop of shifting institutional interest and a fragile technical landscape.
A Precarious Rebound
HBAR’s recent 3% gain to approximately $0.23 is a technical rebound following a late-September sell-off. This price action underscores a persistent tug-of-war; while some large wallets are accumulating HBAR, institutional outflows have simultaneously created selling pressure.
The token’s correlation with Bitcoin has recently weakened, falling to a two-month low. This decoupling means HBAR is moving more independently, which can sometimes be positive but often leaves it more vulnerable during market volatility, especially as Bitcoin itself tests key levels.
Practical impacts and WHBAR
For traders and risk managers, specific price levels are crucial in determining HBAR’s next major move.
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Resistance: The immediate hurdle is at $0.23, with a more significant ceiling at $0.26. A daily close above $0.23 is needed to signal strengthening bullish momentum.
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Support: The $0.21 level has acted as a floor. A break below this could trigger a deeper decline toward $0.206, invalidating the current bullish structure and potentially leading to extended consolidation.
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Upside Target: If buying pressure continues and key resistances are broken, the next focus for analysts is a potential move toward $0.30.
Catalysts Beyond the Charts
The broader outlook for HBAR is influenced by several fundamental factors. Growing institutional adoption through partnerships with major firms like Fidelity and State Street for tokenizing real-world assets (RWAs) provides a strong foundation of credibility and utility.
Speculation around a potential Nasdaq-listed HBAR ETF has also fueled optimism. While approval is not certain, the mere possibility has previously driven increased trading volume and price appreciation, as it would open the door for more institutional capital.