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Hedera (HBAR) Price Eyes $0.30 Breakout as ETF Decision and Elliott Wave Signals Build
['James Halver', 'Day Ago', 'Soyeon Lee', 'Ιωάννης Ριζόπουλος', 'Godspower Owie', 'Jake Simmons']
Cryptocurrency Market News - today's breaking crypto market news
Hedera (HBAR) is gaining momentum as “ETF season” heats up and technical patterns align for a potential upward move.
With a final decision on a proposed HBAR spot ETF expected in November, traders are wondering if a clear break above $0.23–$0.24 could lead to the $0.30 level.
ETF Season Puts HBAR in the SpotlightMacro tailwinds are strengthening, with the SEC expected to make decisions on numerous crypto ETF applications in October–November.
Elliott Wave & Wedge Patterns Flag Upside ContinuationOn the daily chart, HBAR completed a double bottom at approximately $0.205 (on September 5 and 26), with a neckline around $0.255.
Breaking above $0.30 would confirm the inverse head-and-shoulders pattern and support the Elliott Wave projection toward $0.3065, then $0.35–$0.40 as market breadth improves.