HBAR Price Prediction: Analyst Eyes 90% Surge Amid Taker Buy Dominance

The HBAR price has recorded a sharp 11.13% rise in the last 24 hours, with trading volume spiking 140.74% to $480.8 million. This surge highlights strong renewed demand as investors react to improving technical signals and broader market confidence. 

The Hedera price recovery has drawn analyst attention, with projections pointing toward a 90% rally from the ongoing channel structure. The recent approval of the Canary HBAR ETF, jointly launched by Bitwise and Canary, has further boosted sentiment around Hedera’s ecosystem.

HBAR Price Action Signals Breakout Toward $0.400

The HBAR price continues to move within a descending channel pattern that has guided its structure since mid-August, showing alternating periods of compression and rebound. The current HBAR value sits at $0.1920, rebounding from the lower boundary that previously acted as a strong demand zone. 

According to crypto analyst ZAYK Charts, this formation mirrors a prior setup from early June, when a breakout above the upper trendline led to an explosive rally. The same structural rhythm is now developing, where sustained buying pressure and tighter ranges are often precursors to a reversal. 

If price closes above the $0.20 region, it could validate the analyst’s 90% breakout projection toward $0.400. This renewed uptrend formation, supported by repeated higher lows, confirms that the Hedera price is once again building strength inside a high-probability reversal pattern.

Cup and Handle Pattern Reinforces Long-Term HBAR Price Forecast

The HBAR price shows a defined cup and handle pattern on the 1-day chart, signaling a bullish continuation setup consistent with longer-term reversal phases. Price has rebounded strongly from the $0.159 demand zone, forming a rounded base that suggests sustained accumulation. 

A confirmed breakout above the $0.201 neckline could push targets toward $0.233, $0.260, and ultimately $0.400, aligning with the analyst’s 90% projection. 

Meanwhile, the DMI indicator shows +DI (23.22) crossing above –DI (21.41), supported by an ADX reading of 24.95, revealing growing trend strength. These signals affirm that the market is gaining directional conviction as the structure matures. Therefore, the long-term HBAR price projection points to a constructive setup for extended upside potential as the bullish pattern completes.

Taker Buys Lead the Charge as Open Interest Rises

The 90-day Spot Taker CVD reveals that taker buys are clearly dominant, showing that aggressive market orders are favoring the buy side. This reflects strong confidence among participants positioning for upside continuation in the HBAR price.

Meanwhile, the launch of the Canary HBAR ETF under Nasdaq, alongside Bitwise’s Solana and Litecoin ETFs, has further fueled market enthusiasm. The ETF introduction signals growing institutional access to Hedera exposure and reinforces broader legitimacy for HBAR as an investment asset. Moreover, Bloomberg analyst Eric Balchunas’ confirmation of these ETF listings has drawn heightened investor interest, especially as Hedera gains more visibility among mainstream funds.

According to Coinglass, Open Interest has jumped 11.12% to $146.30 million, indicating a surge in leveraged positions favoring the long side. This rise aligns with increased speculative participation, showing traders are aligning with the bullish technical structure.

Combined, the dominance of taker buys and the new ETF approval create a strong demand foundation for Hedera. These developments collectively strengthen the Hedera price outlook, validating the analyst’s 90% rally projection toward $0.400.

To sum up, the HBAR price remains technically poised for a breakout as market participation and buying pressure intensify. The ascending momentum structure supports the case for a move above the $0.20 barrier. A confirmed breakout could fuel a rally toward the analyst’s $0.400 projection. Overall, the Hedera price continues to build strength, validating expectations of a 90% breakout rally.