HBAR Surges with Volume Spike: What’s Fueling the Sudden Price Surge?
The price of Hedera’s native token, HBAR, has experienced a noteworthy surge after months of consolidation. By gaining control of important charts, bullish momentum has raised the token above significant technical resistance levels. Now that there is a noticeable rising trend and increased trading volume, analysts are keeping an eye on the token’s trajectory toward the $2.00 level. The response of the market points to institutional interest and ongoing demand.
Massive Weekly Breakout: HBAR Surges Toward $2 Milestone
A confirmed breakout from a long-standing falling wedge formation can be seen on the weekly HBAR/USDT chart. When the price closes above the upper border, this technical setup, which was in place from February to mid-July 2025, usually indicates a trend reversal. A powerful bullish candle confirmed the wedge’s breakout, pushing the price above $0.25 and igniting quick gains. A period of consolidation that had lasted for several months came to an end with this breakout.
Strong upward momentum is shown by the consecutive large green candles in the current weekly pattern. HBAR is currently getting close to the psychological $2.00 mark after soaring over previous resistance levels at $0.35 and $0.50.
HBAR Shows Stability Amid Surge: Investors Eye $0.27 Resistance
Additionally, HBAR showed strength on the 24-hour chart, rising 2.46% to $0.2857. With little volatility, the price rose gradually from $0.23, indicating steady accumulation. Concurrently, trading volume increased to $1.25 billion, confirming the uptrend’s veracity. There were no notable price corrections during this time, indicating less speculative activity and more structured demand.
There are presently over 42.39 billion HBAR tokens in circulation, supporting the market capitalization of $12.11 billion. As investor interest grows, the price broke above the $0.24 barrier level, which is now acting as support. The price may soon be tested for the next resistance zone, which is close to $0.27, if it stays above $0.26 with sustained volume strength. A move toward short-term consolidation, however, would be indicated by a collapse below $0.24.
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