Nov 2, 2025
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Hedera Price Prediction: Falling Wedge Pattern Hints 150% Upside Amid $44M ETF Inflows
Hedera (HBAR) faced a 3% price decline over the last 24 hours, reaching $0.19 on November 2, following a 13% loss in October. Despite this, Hedera is witnessing substantial institutional interest with $44 million ETF inflows.
Institutional Investment Trends
- Canary's HBAR ETF, launched on Nasdaq on October 28, attracted $44 million in net inflows within its first week.
- In contrast, Litecoin's ETF saw much lower inflows of $719,970 in the same period.
- This reflects a strong institutional preference for Hedera’s enterprise solutions over Litecoin’s payment utility.
Enterprise and Market Position
- Hedera focuses on enterprise-first solutions, collaborating with entities like the U.S. Department of Defense and Qatar Financial Centre.
- Despite a recent price dip, Hedera's market capitalization stands at $8 billion, surpassing Litecoin's $7.8 billion.
Technical Analysis and Forecast
- A falling wedge pattern suggests a potential 150% breakout for HBAR, targeting $0.50 if resistance near $0.21 is overcome.
- The 50-day SMA provides short-term support around $0.20, while longer SMAs form a consolidation zone near $0.22.
- Bullish momentum indicators include MACD crossing above the signal line; however, RSI is trending downward to 53.6.
- A breakout above $0.21 could see targets of $0.28, $0.35, and possibly $0.50.
- Failure to maintain support might lead to a pullback toward $0.15.
