🚀 Hedera ($HBAR ): News and Trends Update
📈 Current Price
The HBAR token is currently trading at $0.2639 USD, with a slight increase of 0.51% in the last 24 hours. During the day, it reached a high of $0.2670 and a low of $0.2562.
🔥 Recent Trends
Bullish Channel Breakout: In recent days, HBAR broke its bullish channel, indicating a possible correction. Analysts suggest that the price could find support between $0.21 and $0.22.
Negative Capital Flows: There have been recorded capital outflows of $6.42 million in three days, which could reflect increasing selling pressure.
🏦 Institutional Interest
There is speculation about a possible ETF application by BlackRock for HBAR. If confirmed, it could enhance institutional credibility and attract more investments towards the cryptocurrency.
📊 Future Outlook
Despite recent volatility, HBAR shows long-term growth potential. The price is expected to reach $0.2520 in 2026 and $0.4696 in 2031, according to prediction models.