HBAR Surges 12% on Robinhood Listing, Analysts Eye Potential Breakout Toward $3.30

Hedera’s native token, HBAR, posted a sharp 12% gain on Friday, climbing to $0.2657 following its addition to Robinhood’s crypto trading platform. The move made HBAR the day’s top performer among the top 20 cryptocurrencies by market cap, according to CoinDesk data.

The listing opened the door to a broader U.S. retail investor base and triggered a notable spike in trading volume. Activity peaked around 12:00 UTC on July 25, with more than 713 million HBAR tokens traded in a single hour, fueling a breakout through the $0.26 level — now seen as a short-term resistance zone.

HBAR continued its upward momentum into Saturday, solidifying support around $0.24 and forming a near-term uptrend.

Hedera’s Unique Edge

Hedera operates on a hashgraph consensus model, differing from traditional blockchains by offering faster, more energy-efficient transaction processing. Its infrastructure supports decentralized applications, DeFi, and NFTs, with the HBAR token serving as the primary utility asset for fees, staking, and node rewards.

Technical Outlook: Room for More Upside?

Crypto analyst ChartNerd highlighted on social platform X that HBAR could be preparing for a more significant move — provided it breaks through a key resistance zone near $0.35, which aligns with the Supertrend indicator. This level, if breached with volume, could push HBAR into price discovery, where past highs no longer offer resistance.

Using Fibonacci extension levels, ChartNerd projected bullish targets of $1.26 and even $3.30 under a strong continuation scenario.

Technical Snapshot: HBAR Momentum Builds

• Price Action: HBAR rose from $0.24 to $0.27 in 24 hours ending July 26 at 06:00 UTC — a gain of nearly 12%.
• Volume Spike: A midday Friday surge in activity pushed prices above $0.26 before a brief pullback.
• Support Zone: Solid buying interest around $0.24 has formed a clear upward channel.
• Watch Levels: Traders are eyeing a close above $0.27, which could pave the way for continued weekend gains.

While broader market conditions and macro headwinds remain in focus, HBAR’s combination of improved exchange access and unique network fundamentals could make it one to watch in the near term.