Key Takeaways
- The Robinhood listing on the 25th of July saw HBAR prices leap higher by 8%, but the uptrend has been underway for most of July. The altcoin’s rally is expected to continue, and the $0.39 price target could be reached.
Hedera [HBAR] received bullish impetus on the news that Robinhood had listed HBAR for trading. The popular trading platform allows many large-cap crypto assets to be traded.
The addition of the Hedera platform token allows greater mainstream exposure.
The Robinhood listing news came on the 25th of July. On this day, HBAR prices rose 8.19%. Crucially, the bulls were challenging the $0.285-$0.3 resistance zone.
This has been a key supply zone in 2025.
AMBCrypto explored why that is, and whether the recent news means the altcoin is primed to rally toward its all-time high at $0.569.
Mapping HBAR’s next support zone
Source: HBAR/USDT on TradingView
The 1-day chart above shows the Fixed Range Volume Profile for 2025’s price action.
The Point of Control was at $0.192 and had been flipped to support in early July. The Value Area High (dotted blue) was at $0.261. HBAR was trading just above this level at press time.
The strong gains in July meant that the market structure was bullish. Even the retracement from $0.3 did not form a lower low, but remained above the $0.234 support.
Momentum indicators support further gains
During this pullback, the RSI reset from overbought conditions to a healthy bullish reading of 65.
This meant that there was more space for Hedera prices to push higher again.
Meanwhile, the OBV continues its steady climb, signaling consistent accumulation and buy-side pressure throughout the rally.
Overall, the signs pointed toward more gains in the coming weeks for HBAR.
A price drop below $0.223 would be the first sign of trouble for bulls on this timeframe. Meanwhile, a rally beyond $0.28-$0.3 will target $0.324 and $0.392 next.
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion
