Hedera (HBAR) Price May Hit $0.70 If Breakout Holds Above Key Trendline This Week

The breakout signaled a reversal of the broader downtrend. Steph predicted a possible action towards the $3.50, with interim resistance in between $0.40-$0.70.

Meanwhile, the breakout follows the previous prolonged consolidation. It implies that the bulls have taken the lead at long last.

In addition, the wedge breakout is taking place at a critical market stage. Altcoins have begun to peak, and the HBAR price is seeing a similar type of buildup to the ones that have occurred in the past.

The upwards trendline break on the green candle showed the new buying force. Notably, it also follows months of declining prices.

Trendline Breach and MACD Reversal Confirm Upside Shift

Erica Hazel also confirmed the Hedera price breakout on the daily chart, where a long-term descending trendline was breached. Her chart presented several rejections at the identical resistance level during the first half of 2025.

The decisive trend shift above this trendline and solid support at $0.14 indicated a strong breakout.

HBAR Price Analysis | Source: Erica Hazel, X

Moreover, the MACD oscillator on the analyst chart gave a bullish cross across the breakout indicator. This momentum confirmation added technical weight to the move.

The blue area in her projection was broad enough and marked the targets as high as $0.40.

Trading volume also surged as price exited the falling structure. This ascertains the fact that traders are no longer in the mood for hesitation.

Considering that, it appears that if HBAR price consolidates above $0.25, the move toward $0.40 could unfold quickly.

Real-World Asset Deal Sparks Institutional Momentum

In addition to the technical breakout, major news from the TradFi sector is supporting HBAR upside. Analyst Mark Chadwick highlighted a deal involving Lloyds Bank and Aberdeen Asset Management.

The two institutions revealed that the Aberdeen money market fund is now tokenized through Archax using the Hedera blockchain.

This pilot on real-world asset (RWA) includes more than 650 billion in institutional assets. Given Lloyds‘ market cap of 60 billion and the UK’s daily derivatives volume of 5.4 trillion, the potential size is enormous.

The collaboration was a sign that there was more interest in the provision of regulated assets using Hedera as an infrastructure.

Importantly, the move featured two financial giants transferring real capital into tokenized forms. As a result, HBAR network validation from major banks could drive a long-term revaluation.

This also increased long-term demand for HBAR utility, especially if similar institutions follow suit.

Institutional adoption has brought a new essential dimension to the Hedera price breakout. As technical and fundamental evidence points in the same direction, the next several weeks are crucial for the Hedera price.

HBAR Price Eyes $0.70 as Momentum Builds

In the meantime, analyst Iko explained that the HBAR price has broken out of a significant band of resistance. In his chart, Hedera price was just a little bit lower than the February high, and now it is targeted at 0.70.

However, Iko claimed that to validate this breakout as a long-run trend, the volume had to be higher.

HBAR price currently trades near $0.23 after a weekly surge of over 46%. In his projection, he indicated a zig-zag pattern to $0.40, followed by $0.70.

HBAR Price 1 day chart: Source: Iko, X

In case Hedera confirms the trend with increased volume, the next resistance is $0.29, and then $0.36. Above $0.40, there is little resistance until $0.70. Traders track these levels for breakout retests or continuation setups.