HBAR Price Eyes $0.50: DTCC Listing & Archax Expansion Fuel Optimism

HBAR Price Prediction: Bullish Momentum Builds

HBAR is showing renewed strength, currently trading around $0.2431, a 3.42% increase in the last 24 hours. This positive movement is supported by Hedera's recent DTCC listing and increased utility through Archax's expansion. These developments enhance Hedera's institutional profile and offer greater flexibility for tokenized assets.

Technical Analysis: Cup-and-Handle Formation

The daily chart reveals a completed cup-and-handle pattern, suggesting a potential breakout from a descending channel. Key resistance levels to watch include $0.268 and $0.305. A breakthrough could lead to further gains, with Fibonacci projections pointing to $0.36 and $0.40 as subsequent hurdles before reaching a longer-term target of $0.50.

This pattern indicates a potential 106% rally if the bullish momentum sustains. However, consolidation remains a possibility. Critical support lies at $0.22; holding this level is vital to maintain the breakout's validity.

DTCC Listing and Archax Integration: Strengthening Hedera's Foundation

Hedera's inclusion on the DTCC list provides increased visibility within traditional financial systems. This boosts confidence in Hedera's ability to integrate with established markets and increases its attractiveness for institutional adoption.

Furthermore, Archax has introduced Pool Tokens on Hedera, enabling users to create and manage diversified portfolios within a single token. This supports asset transfers, portfolio restructuring, and collateralization, all while adhering to regulatory standards.

These advancements collectively enhance Hedera's credibility and reinforce its long-term growth potential. HBAR's price is increasingly supported by both technical indicators and growing real-world applications.

Conclusion

HBAR's price is navigating a key technical area where chart patterns and institutional catalysts converge. Hedera's DTCC listing provides higher-level recognition, while the Archax expansion ensures growing utility. With solid technical foundations and increasing institutional interest, HBAR is well-positioned to pursue its $0.50 target.