Hedera Hashgraph (HBAR) Breaks Trendline Resistance, Eyes $0.40 Rally

Hedera Hashgraph (HBAR) has broken a major downtrend, signaling a potential bullish wave. The daily chart shows a clean breakout above a descending trendline that had held prices down since February 2025. HBAR is now trading near $0.25, up sharply after the breakout. The breakout was confirmed by a MACD crossover, rising volume, and a histogram turn green. The chart structure points toward a healthy and sustained breakout, with a potential rally toward $0.40. Traders are waiting for a potential retest near $0.22 before entry.

Hedera Hashgraph (HBAR) has broken a significant downtrend, indicating a potential bullish wave in the cryptocurrency market. The daily chart shows a clean breakout above a descending trendline that had been holding prices down since February 2025. As of July 2, 2025, HBAR is trading near $0.25, up sharply after the breakout. This breakout was confirmed by a MACD crossover, rising trading volume, and a histogram turn green, signaling a strong bullish trend.

The rally began as the HBAR price pushed through key resistance levels at $0.19 and $0.205, which had previously acted as strong barriers. The breakout was confirmed with a significant spike in trading volume, coupled with bullish chart patterns such as the descending wedge and double-bottom reversal. In the weekly chart, the HBAR price has broken above the bearish channel and the bull flag. Additionally, the weekly MACD has undergone a bullish crossover, and the RSI has flipped a persisting bearish trend.

The chart structure points toward a healthy and sustained breakout, with a potential rally toward $0.40. Traders are waiting for a potential retest near $0.22 before entering the market. Securing this level is crucial to maintaining a consistent ascending trend and testing the higher target.

Hedera's surge isn't purely speculative; real-world developments are reinforcing its value. Over the past week, Hedera's DeFi ecosystem TVL jumped from $151M to over $215M, with DEX volumes exceeding $80M, indicating growing user adoption and liquidity on-chain [1]. Furthermore, Hedera has made waves in the enterprise space. At the RAISE Summit 2025, Hedera was chosen as the ledger layer for sovereign AI infrastructure, partnering with heavyweights like NVIDIA, Accenture, and SCAN UK. The platform's ABFT consensus mechanism and carbon-negative design make it appealing for large-scale public sector and institutional applications [2].

References:
[1] https://ih.advfn.com/crypto/Hedera-Hashgraph-HBAR/overview
[2] https://coinstats.app/news/961c117e6060cf084591850d65c23468cee9f3e87abe461481aedc656b13068f_Hedera-HBAR-Price-Breaks-Out-With-Massive-25-RallyWhats-Driving-the-Momentum/