Particle.news
Download on the App Store
7 ARTICLES
·
2d ago

Hedera’s HBAR Nears Key $0.32 Level Following Robinhood Listing

A Robinhood debut that lifted HBAR above key moving averages alongside a market cap surge beyond those of Avalanche, Litecoin positions the token for a $0.32 challenge.

HBAR Jumps 8% After Robinhood Listing, Eyes $0.4 Price Target
HBAR price
Image
Image

Overview

  • HBAR has climbed to as high as $0.305 before pulling back to around $0.285, holding above a critical $0.275 support zone established this month.
  • The token remains above its 50-day and 200-day simple moving averages, underscoring a sustained medium-term bullish structure.
  • Market capitalization has risen to nearly $11.8 billion, propelling HBAR past Avalanche and Litecoin into the 16th spot among crypto assets.
  • Trading volume has surged to more than $1.1 billion over 24 hours while the relative strength index hovers near overbought territory.
  • Analysts warn that a daily close above $0.32 could trigger a breakout toward $0.36–$0.40, with Fibonacci projections in bullish scenarios extending toward $3.30.