Bitcoin News Today: HBAR Price Near Key Trendline With 5.25% 24-Hour Dip and 13.5% Volume Surge

HBAR, the native token of the Hedera Hashgraph network, is currently consolidating near a critical ascending trendline that has served as a key support level for months. The price hovers around $0.2489, close to the $0.245–$0.250 range, which has become the focal point of short-term market action. Analysts suggest that a successful retest and bounce from this level could trigger a move toward $0.31 and beyond, while a breakdown might push the price toward $0.23 or even $0.21 [1]. Recent 24-hour trading volume has surged by 13.50% to $698 million, indicating heightened activity and investor interest at this pivotal support zone [1].

Crypto analyst Kamran Asghar highlighted that HBAR is retesting a key trendline on the daily chart, with a successful hold potentially setting the stage for a bullish continuation. He noted that a confirmed breakout could target $0.31 or higher, with long-term price goals estimated near $0.50 and even $1. However, a failure to hold the trendline could see the price retreat further, with the $0.245–$0.250 range defining the immediate battleground for bulls and bears [1].

Market sentiment has also been bolstered by recent developments, including a surge in retail interest following HBAR's listing on Robinhood. X user Casey Morgan observed that Hedera rebounded sharply from the $0.20 level since early July, with the listing contributing to a 13% price jump. This surge attracted new traders, particularly in the U.S. market, and reinforced interest in Hedera’s real-world applications and DeFi integrations [1].

HBAR’s price dipped 5.25% in the last 24 hours and 4.02% over the past week, but the growing volume and volatility suggest a period of consolidation is giving way to renewed momentum. Traders are now looking for a decisive move either above or below the trendline to confirm the next phase of the price action [1].

With a current market capitalization near $10.7 billion, Hedera remains one of the most closely watched assets in the crypto market. Analysts caution that while the technical setup is bullish, the outcome will depend on whether the trendline holds or gives way to bearish pressure. A break above $0.31 could open the door to higher targets, while a breakdown could lead to a retest of previous support levels [1].

The broader market is also showing signs of increased participation, with some HBAR holders engaging in high-stakes crypto gambling platforms to leverage their positions for substantial prizes. While these activities may not directly affect the price, they reflect a growing awareness of the token among retail investors [1].

In summary, HBAR is at a pivotal moment in its price journey. The retest of the ascending trendline represents a critical juncture that could either confirm a new bullish trend or signal a deeper correction. With technical indicators, volume activity, and market fundamentals aligning, traders are keenly watching for a clear breakout to determine the next chapter in Hedera’s price trajectory [1].

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[1] Hedera (HBAR) Price Correction Done – [https://www.ccn.com/analysis/crypto/hedera-hbar-price-correction-done/](https://www.ccn.com/analysis/crypto/hedera-hbar-price-correction-done/)

[2] What to Expect from Hedera (HBAR) Price in August 2025 – [https://beincrypto.com/hbar-price-august-outlook/](https://beincrypto.com/hbar-price-august-outlook/)

[3] HBAR Price Shoots 5% As Hedera Gets Special White House Mention – [https://themarketperiodical.com/2025/07/31/hbar-price-shoots-5-as-hedera-gets-special-white-house-mention/](https://themarketperiodical.com/2025/07/31/hbar-price-shoots-5-as-hedera-gets-special-white-house-mention/)

[4] Bitcoin Cash Hits $584 & Hedera Eyes $0.30 While ... – [https://blockchainreporter.net/bitcoin-cash-hits-584-hedera-eyes-0-30-while-spartans-casino-tempts-traders-with-a-lamborghini-prize/](https://blockchainreporter.net/bitcoin-cash-hits-584-hedera-eyes-0-30-while-spartans-casino-tempts-traders-with-a-lamborghini-prize/)

[5] BCH and HBAR Traders Flock to Spartans Casino for Big Prizes – [https://www.msn.com/en-us/money/markets/bch-and-hbar-traders-flock-to-spartans-casino-for-big-prizes/ar-AA1JFr8e](https://www.msn.com/en-us/money/markets/bch-and-hbar-traders-flock-to-spartans-casino-for-big-prizes/ar-AA1JFr8e)