HBAR is waking up. Mainnet upgrade done, Robinhood listing secured. Is a $1 breakout finally within reach?
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Key Takeaways
HBAR’s price is breaking out after its mainnet upgrade and Robinhood listing
Technical structure mirrors its 2021 rally, with a breakout above the falling channel.
A breakout above $0.47 could lead to $1, but a fall below support remains possible.
Two days post its mainnet upgrade, Hedera (HBAR) has scored a major win — a Robinhood listing. Earlier today, the U.S. trading platform confirmed it had officially added HBAR to its growing roster of crypto assets.
With this move, Hedera now joins heavyweights like XRP, Solana (SOL), and Cardano (ADA) on the platform — a notable stamp of mainstream accessibility.
In response, HBAR’s price saw a modest bounce to $0.25.
But this might just be the beginning. With a fresh mainnet upgrade and new retail exposure, HBAR looks primed for a longer-term breakout. Here is why.
However, HBAR seems to be in the consolidation phase with downward-sloping parallel trendlines (the flag).
For HBAR to break above the upper boundary of the flag, volume has to increase. However, as of this writing, the Moving Average Convergence Divergence (MACD) has formed a bearish crossover and hit a negative reading.
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This drop to the negative zone indicates bearish momentum around the coin. If this momentum continues, HBAR’s price risks an extended downtrend.
However, the Chaikin Money Flow (CMF) suggests that the bull flag pattern may not take long to override any bearish MACD signals. The CMF has climbed to 0.05, indicating net buying pressure and confirming that bulls hold control.
As long as the CMF remains above the zero line, bullish momentum will likely persist. In this scenario, HBAR bulls may successfully defend key support levels at $0.19 and $0.22 while aiming to retest resistance at $0.29.
Meanwhile, this comes after Hedera upgraded its mainnet on Wednesday, July 23. According to its earlier announcement, the event disrupted transactions on the network.
“Hedera will be upgrading Hedera mainnet to v0.63 on Wednesday, July 23 2025 at 17:00 UTC. The upgrade will take approximately 40 minutes to complete, users should expect some disruption to network,” The Hedera Status handle disclosed on X.
HBAR Price Chart Echoes 2021 Rally
On the weekly chart, HBAR’s price has broken above the upper trendline of a falling channel. This breakout closely resembles the setup that preceded HBAR’s explosive 2021 rally, which pushed the altcoin to its all-time high of $0.57.
The Money Flow Index (MFI), which has climbed to 76.26, adds weight to this breakout. This reading reflects heightened buying pressure into the asset.
While an MFI this high typically suggests the asset is entering overbought territory, it can also confirm continued upside in the context of a fresh breakout.
If this historical pattern continues, HBAR’s price could breach the resistance at $0.47, and its market value might rise to a new high of $0.58.
In the long run, this could drive the price to $1. However, a breakdown below the lower trendline of the falling channel might invalidate this and drag HBAR down to $0.16
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Victor Olanrewaju is a crypto analyst and reporter at CCN with deep roots in on-chain research and technical analysis. His crypto journey began in 2017, but it was the 2020 Uniswap airdrop that sparked a full-time pivot into the space.
With a foundation in copywriting, Victor honed his craft creating high-converting content for leading crypto brokers — most notably an XRP price prediction that ranked #1 on Google during the 2021 bull run.
He later joined AMBCrypto in 2022, where he combined storytelling with technical and on-chain analysis to cover key market narratives.
In 2024, he expanded his expertise at BeInCrypto, collaborating with analysts and using tools like Glassnode, Santiment, and IntoTheBlock to break down Bitcoin and altcoin trends.
At CCN, Victor covers the top cryptocurrencies, memecoins, macro shifts, blending real-time insights with deep-dive metrics.
He holds a Bachelor’s degree in Physics from the University of Ibadan, equipping him to simplify complex data for a wide audience. Follow his work or connect on LinkedIn or X.
