Hedera Surges 8% as Ethereum Leads Crypto Recovery

As the third quarter of 2025 begins, the cryptocurrency market is experiencing a notable recovery from the previous quarter. Ethereum (ETH) is at the forefront of this resurgence, with gains exceeding 5% and a current trading price near $2,600. This broader bullish trend is positively impacting various altcoins, with Hedera (HBAR) emerging as a particularly promising asset.

HBAR has already surged by over 8% today. The key to understanding its potential lies in its chart structure, which is currently mirroring a pattern that previously triggered a significant breakout in SEI just a few weeks ago. This fractal similarity is generating strong bullish interest around HBAR.

A side-by-side comparison of SEI and HBAR on the daily chart reveals striking similarities. SEI recently traded within a falling wedge, a classic bullish reversal formation. After weeks of consolidation, SEI broke above both the wedge and the 100-day moving average (MA). This breakout initiated a 76% rally, eventually pushing SEI above its 200-day MA and confirming a strong trend reversal.

Now, HBAR appears to be following a similar trajectory. HBAR has already broken out of its falling wedge and successfully retested the breakout level. The price is currently testing the 100-day MA resistance zone, the same phase SEI was in before its explosive rally began. This fractal similarity is generating strong bullish interest around HBAR.

If HBAR can decisively break above its 100-day MA, the next key resistance will be the 200-day MA, currently around $0.2154. A confirmed move above that level could open the door for a powerful rally, potentially delivering 35% upside from current levels. However, traders should remain cautious. If HBAR fails to hold above the breakout trendline and gets rejected from the current resistance zone, the bullish momentum could fade, leading to further consolidation.