HBAR's 7.40% Volume Surge to $975.8M Amid Network Upgrades Fuels Bullish Breakout Potential Above $0.27

The cryptocurrency market is closely watching Hedera’s $HBAR as prominent trader Crypto Tony (@CryptoTony__) highlights a potential price breakout above $0.27, a critical technical level. The analysis, shared on X on July 26, 2025, underscores the token’s recent momentum amid ecosystem developments and increased trading activity. Over the past 24 hours, $HBAR’s trading volume surged 7.40% to $975.8 million, driven by new listings on platforms like Robinhood and network upgrades (versions 0.58.9 and 0.59) aimed at enhancing scalability and reliability [1].

Crypto Tony’s bullish outlook hinges on $HBAR surpassing the $0.27 pivot point, calculated using prior price lows and closes as referenced by CoinDesk in 2023. A breakout above this level could trigger a sustained upward trend, mirroring historical patterns where strong volume support at pivotal thresholds led to extended bullish runs. However, the Connors RSI (CRSI) indicator currently sits at 77+, signaling overbought conditions and raising the possibility of a pullback to $0.24 if volume declines. This correction scenario highlights the importance of monitoring liquidity and investor behavior in the coming days [1].

Hedera’s ecosystem has seen notable advancements in 2025, including the conclusion of Boeing’s four-year tenure on the Hedera Council in February and the announcement of space-based applications through WISeSat, a project tied to SpaceX. These developments, showcased at HederaCon in Denver, aim to attract developers and investors by expanding the platform’s utility in emerging sectors. Network upgrades, such as the recent release of version 0.59, further reinforce the protocol’s technical capabilities, potentially broadening its appeal to enterprises [1].

Analyst TimeSoul, cited in the same thread, cautions traders to watch for decisive volume above $0.27 and monitor liquidation risks below $0.26. While Crypto Tony’s forecast of a $0.30+ target is optimistic, the market’s reaction to the $0.27 level will be pivotal in determining whether the rally is sustainable or a temporary “bull trap.” Open interest and sentiment have risen sharply, with the next few days expected to provide clarity on the token’s trajectory. A successful breakout could validate the broader bullish thesis, while a failure to hold above $0.27 might signal a retesting of key support levels [1].

For investors, the current environment presents both opportunities and risks. The interplay between technical indicators, ecosystem progress, and market sentiment will shape $HBAR’s short- and long-term performance. As the crypto community awaits further developments, real-time updates from platforms like CoinCryptoNewz will remain critical for tracking liquidity shifts and institutional activity.

Source: [1] [Hedera’s $HBAR Poised for Breakout Above $0.27, Says Crypto Tony] [https://coinmarketcap.com/community/articles/6885c764539d75071612e865/]