Hedera (HBAR) price has surged nearly 15%, breaking above the key $0.20 mark, a significant psychological resistance. This bullish action is a momentum following the start of trading of the Canary capital ETF. The next target may be $0.30 in case HBAR continues to maintain this level and trading volume remains steady. The outlook for HBAR appears promising if the trend continues.
Canary HBAR ETF Begins Trading on Nasdaq Today
Nasdaq has officially launched the Canary HBAR ETF (Ticker: $HBR), marking a notable step for the Hedera Network. Beginning from today, the 28th of October 2025, the fund will be providing direct exposure to HBAR as a new institutional investment channel.
The ETF will contain physical HBAR coins, insured by BitGo and Coinbase Custody. The pricing will be set by CoinDesk Indices, which will provide investors with an open and trusted method to have exposure to this expanding ecosystem.
This is a significant milestone of HBAR, as it becomes a part of other industry giants such as Solana and Litecoin in having its own ETF. This is due to a regulatory loophole at the time of the U.S. government shutdown, which allowed the auto-authorization of such products.
🚨CONFIRMED: Nasdaq has officially posted the Canary $HBAR ETF (Ticker: $HBR) listing circular.
The fund will begin trading on October 28, 2025, offering direct SPOT exposure to HBAR, the native token of the Hedera Network.
The ETF will hold actual HBAR in custody with BitGo… pic.twitter.com/Sorm2gJ924
— Mark (@markchadwickx) October 27, 2025
HBAR Set for Explosive Breakout: Analyst Predicts 60% Surge
Crypto analyst has recently highlighted a promising opportunity for HBAR price, indicating the potential for a major breakout. The analyst reports that Hedera Hashgraph (HBAR) is on the verge of massive price action, and a 50-60% price gain may soon be realized.
The post by the analyst on X implies that HBAR is in the spotlight of traders with a technical setup that might result in an outburst. The chart which is accompanied depicts a definite price trend, the coin seems to be about to make a sharp upward trend.
$HBAR gearing up for a massive breakout ⚡
50-60% move on the radar! 🔥#HBAR #HBARUSDT pic.twitter.com/ePYcG6WNQU
— ZAYK Charts (@ZAYKCharts) October 28, 2025
Recently, HBAR saw inflows reaching $14M, pushing prices higher. In contrast, significant outflows of $18M in mid-March caused a price drop. However, the latest surge in inflows above $10M has driven the price past $0.20.
How High Can HBAR Price Go?
As of 28th October 2025, the Hedera Hashgraph price was trading at $0.213, marking a 15% increase. This boom is after a breakout over major levels of resistance, and the price is moving with a big upward momentum.
The Relative Strength Index (RSI) is standing at 86, which indicates that the asset is overbought. An upward movement of prices is also confirmed by the Moving Average Convergence Divergence (MACD), which is a confirmation of a bullish crossover.
In case the bullish trend persists, the HBAR price forecast could initially hit the level of $0.23, and then it could hit the level of $0.25 and even hit the level of $0.30. This would be an increase of 40% on the prevailing price.
On the negative side, in case the momentum turns the other way, the main support levels will be observed at $0.19 and $0.18. Further pullback to as low as $0.16 may occur in case the break is below these levels.
To sum up, the launch of the Canary Capital ETF and its good technical signals are a clear indication of a bright future of HBAR. In case of the bullish momentum, the price might experience an additional upsurge, which may be up to $0.30.
