– HBAR price surges over 5%, trading around $0.14. – Institutional interest and ETF inflows drive momentum. – Coinbase’s futures launch on December 5 boosts outlook. – Trading volume increased by more than 190%. – Canary Capital’s HBAR ETF now holds over 421 million HBAR. – ETF demand and futures interest support Hedera’s growth. – Technical resistance remains a challenge for further gains.

Hedera (HBAR) has increased by over 5% in the last 24 hours, trading around $0.14. The rise is attributed to institutional interest, ETF inflows, and anticipation of Coinbase's futures launch.

Key Drivers

HBAR trading volume surged by more than 190%, placing it among the top gainers.
Coinbase plans to introduce HBAR futures trading on December 5, enhancing institutional engagement.
Canary Capital's HBAR ETF increased holdings to over 421 million HBAR, now valued at nearly $55 million.
The ETF has attracted over $72 million since its launch, contrasting with outflows from Bitcoin and Ethereum-focused funds.
IRS and SEC regulatory updates favor HBAR investment products long-term.
Real-world adoption supported by Wyoming’s stablecoin pilot on Hedera and tokenized ETF assets.

Technical Analysis

HBAR shows a possible reversal with a triple bottom pattern at $0.123.
Rising futures open interest supports bullish sentiment, but HBAR remains below a descending trendline since September.
The 20-day EMA at $0.155 restricts upward movement, while 50- and 100-day EMAs present strong resistance.
A breakout above $0.155 could lead to further gains towards $0.228.

Short-Term Outlook

If buying pressure persists, HBAR might retest the $0.16–$0.18 region.
Failure to break resistance could see retracements to $0.14, $0.125, or even $0.10.

Despite the positive momentum from ETF demand and futures interest, technical challenges remain significant for HBAR's price trajectory.