HBAR Price Prediction – Will White House Recognition and ETF Speculation Fuel Breakout from $0.38 Level?

HBAR price has gained attention recently following several fundamental developments. The participants in the market are now majorly observing as to how these shifts may influence the future price movement. Amid growing speculation and macro-level buzz, traders appear to be adjusting their expectations. With more institutional and retail interest, Hedera (HBAR) sentiment is still developing.

HBAR Price Action Shows Bulls Taking Control

HBAR has rebounded sharply off the key support area of $0.238 making higher lows and restoring lost initiative. The sudden recovery has returned the token to a crucial structural level. The price is currently sitting just under the $0.294 resistance level. This level had served as a resistance in April and June so it is a key area to observe in the short term run. An upside breakout of this area would pave the way to a possible long-term bullish trend. Action at this level indicates great interest by both buyers and sellers historically.

The DMI indicator also favors the bulls. The positive directional line (blue) is trending up and it is above the negative line (orange), indicating that the buyers are currently stronger than the sellers.

At the same time, the ADX line, an indicator of how strong trends are, is increasing above 40. Such rise proves that the trend is not only bullish but also has a momentum. When the +DI is above the -DI and the ADX is climbing, it typically signals a robust upward trend, validating bullish continuation as part of the HBAR price forecast.

The structure is further strengthened by short-term consolidation above the $0.25 level. This establishes a solid foundation that would facilitate further breakout.

ETF Speculation and White House Endorsement as OI Rises 10%

Hedera’s appearance in the White House crypto report has elevated its status in regulatory discussions. Although broad, this mention reaffirms the positioning of the project as an enterprise-based blockchain. The White House recognition comes after increasing speculation on an HBAR ETF approval. Analysts have cited the increasing interest in HBAR and the structural alignment that could lead to the formal product listing.

Institutional capital would find it easier to invest in such an ETF. It is particularly pertinent since, already, HBAR could be found on a wide range of the most prominent U.S. exchanges, such as Robinhood and Kraken. The 10% rise in open interest, currently at $419.33M, is yet another indication of lending a better positioning. The increase is an indicator of fresh capital fanning into the market and a support of bullish anticipations.

Further, the popularity of Hedera as a long-term investment has been boosted by the fact that Grayscale has invested in HBAR as part of its Smart Contract Fund.

Sentiment seems to be changing both on the retailing and the institutional front. With the increasing clarity of regulations, more traders can also start to view HBAR as a serious long-term to mid-term bet. Thus, the combination of ETF speculation, smoke signals by regulators, and an increased capital inflow have established a good environment towards the upside. Momentum could remain strong if these narratives persist.

In summary, the recent surge of the HBAR price does not seem to be merely a result of speculation. The increase in the Open Interest, its price chart formation and the expanding role of ETF and regulatory narratives have all given it a fair bit of context. Even though the resistance at 0.294 will still be a significant obstacle, the general trend looks favorable to buyers.