Hedera’s HBAR declined about 1.6% for the day to hover near $0.211, but the overall outlook into “Uptober” remains 0 Reading: Dogecoin Breakout Could Happen ‘In A Hurry,’ Analyst Warns Momentum is supported by increasing ETF optimism, with new trust and ETF discussions bringing HBAR into the same conversation as large-cap altcoins, along with renewed engagement from 1 Makes Global Partnerships Hedera representatives participated with SWIFT, Citi, and Germany’s Bundesbank on a Sibos panel to discuss digital-currency interoperability, highlighting Hedera’s role in real-world finance. Meanwhile, Wyoming’s Frontier Stablecoin pilot, which selects HBAR for low-cost, high-speed settlement, continues to validate Hedera’s enterprise-first 2 the Hedera Governing Council, featuring companies like Google and IBM, the network’s value proposition is clear: high throughput, low fees, and energy efficiency through its hashgraph 3 fundamentals, combined with institutional filings and improved macro narratives for regulated crypto products, keep HBAR on watch lists despite short-term 4 Action: HBAR Key Levels Into “Uptober” Technically, HBAR’s structure shows a recovery from a two-month low near $0.21, with the price still coiling inside a descending wedge, a setup that often precedes upside moves when broader sentiment turns 5 support lies between $0.212 and $0.205; losing that range could lead to a slide toward $0.198.
On the upside, $0.226–$0.230 remains the first barrier; a clear break above could target $0.235 and the mid-September highs near $0.245, with $0.285 as the October stretch level if buying momentum accelerates. HBAR's price trends sideways on the daily chart.) into the mid-40s, while Chaikin Money Flow trends higher, suggesting net 6 near-term warns of a narrowing golden cross between the 50- and 200-day EMAs that could turn into a death cross if bulls fail to defend the support 7 swing traders, the strategy is simple: respect downside risk below $0.205, but look for confirmation above $0.230 to push toward $0.245–$0.285. Enterprise Adoption Gains Momentum, With Risks HBAR’s story is supported by enterprise integrations (payments, identity, and tokenization) and consistently very low fees (<$0.0001), making it appealing for high-frequency settlement.
On-chain, active addresses and staking participation have increased, and sentiment is bullish going into Q4, driven by ETF hopes and public-sector 8 Reading: Bitcoin LTH Selling Pressure Builds: 6–12M Coins Keep Flowing Onto The Market However, risks remain, including rejection at $0.235, which could lead to continued consolidation; competition from high-throughput rivals like Solana remains intense; and broader Bitcoin declines could limit altcoin 9 image from ChatGPT, HBARUSD chart from Tradingview
Story Tags
Latest news and analysis from NewsBTC
