Hedera (HBAR) has shown significant price growth in the past month, linked to several key market events.
Current HBAR Price and Growth Dynamics
Currently, Hedera (HBAR) is trading at $0.293, with a 4.73% increase in the last 24 hours. In the past month, HBAR has gained over 104%, with nearly a 10% rise in the last week.
Impact of the Robinhood Listing
The recent listing of HBAR on Robinhood’s U.S. platform has significantly increased asset availability for retail investors. Following the listing, HBAR surged by 8%, becoming the top gainer among the top 20 cryptocurrencies.
Technical Analysis and HBAR Predictions
The current price of HBAR is approaching key resistance levels near $0.30–$0.32, with a potential breakout towards the all-time high of $0.401. Analysts note strong market sentiment, supported by a daily trading volume exceeding $1.1 billion, indicating growing confidence and the possibility of continued growth.
Recent events surrounding Hedera (HBAR) demonstrate positive trends and renew investor interest, potentially leading to further growth of this cryptocurrency.