Hedera (HBAR) Positioned for Bullish Upswing as Market Momentum Builds

Hedera is positioned for a bullish upswing as market momentum builds. Hedera’s native token, HBAR, is gaining upward traction as the cryptocurrency market responds to renewed optimism, spurred by President Donald Trump’s directive allowing digital assets in 401(k) retirement portfolios. This policy shift is expected to attract significant institutional participation. In parallel, Hedera has rolled out a series of network enhancements, including its latest testnet upgrade, designed to boost transaction throughput, strengthen scalability, and improve the developer experience.

Hedera Key Levels

The recent advancements reinforce its competitive edge among high-performance smart contract platforms. Backed by a governance council that includes global heavyweights such as Google, IBM, and Boeing, Hedera’s framework offers strong appeal for enterprise-driven blockchain use cases. The recent breakout in HBAR’s price, aligned with the broader altcoin rally, reflects growing market confidence. With its technical upgrades now operational, Hedera is well-positioned to secure deeper institutional engagement and expand its footprint in large-scale, real-world applications.

Key Hedera Levels To Watch – August 10

HBARUSD is holding above the 9-day SMA (Simple Moving Average) at $0.2550, signaling sustained bullish momentum. Price is consolidating near $0.2660, with buyers defending key support at $0.240.

The RSI (Relative Strength Index) at 58 indicates healthy upside potential without overbought conditions. A break above $0.3050 could open the way toward $0.3390 in the near term.

HBARUSD Metrics

Resistance Levels: $0.30520, $0.33920, $0.39200
Support Levels: $0.23180, $0.17000, $0.09650

HBARUSD Metrics

Total Market Capitalization: $4.05T
Hedera Market Capitalization: $11.27B
Hedera Volume: $284.77M
Market Rank: #16

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