Join Our Telegram channel to stay up to date on breaking news coverage
The Hedera price soared 13% in the last 24 hours to trade at $0.2675 as of 12:05 a.m. EST on trading volume that skyrocketed 49% to $903 million.
The surge came after Robinhood officially listed HBAR on its platform, which will allow users in the US to trade the crypto.
$HBAR is now available to trade on Robinhood. pic.twitter.com/5Lj3s7CKdn
— Robinhood (@RobinhoodApp) July 25, 2025
With the listing increasing accessibility and liquidity for the cryptocurrency, will the HBAR price continue soaring?
Hedera Price Sustains Bullish Momentum After Breakout
The HBAR price on the daily chart shows that Hedera recently broke out of a long-standing falling channel pattern, which had been governing price action from late 2024 into mid-2025.
The Hedera price decisively broke out of the channel structure in early July. The breakout was supported by increasing bullish momentum, leading to a surge past previous resistance levels.
After the breakout, the price of Hedera rallied to a local high of approximately $0.30285 before facing a retracement. This pullback found support near the 0.618 Fibonacci retracement level around $0.24344, which has historically acted as a strong demand zone in bullish continuations.
The 50-day simple moving average (SMA) is currently around $0.18573 and is sharply rising, having recently crossed above the 200-day SMA at $0.20734.
Meanwhile, the Relative Strength Index (RSI) is at 65.90, just below the overbought threshold of 70. This reading suggests that while HBAR is approaching overbought territory, it still has room to grow without being technically overstretched.
According to the HBAR/USD chart analysis, the Hedera price appears poised for further upside.
If the bullish momentum continues, the next major resistance is around the previous high of $0.30285, followed by a potential challenge of the psychological level near $0.35. A successful breakout above $0.30285 could open the path toward $0.40, which aligns with the prior swing high.
HBAR/USD Chart Analysis (Tradingview)
On the downside, if the price of HBAR fails to maintain support above $0.243, a deeper retracement to $0.227 or even the $0.207 area (200-day SMA) could follow.
Meanwhile, investors are also piling into a new ICO called Snorter Token (SNORT). According to Jacob Crypto Bury, a popular crypto YouTuber with over 57.4K subscribers, SNORT could potentially soar 100X on launch.
Snorter Token Presale Rushes Toward $3 Million Mark
Snorter Token is a Telegram-based trading bot for crypto that offers a wide range of tools and features designed to simplify the crypto trading process for retail investors.
The project comes as an assistant built to help everyday traders snipe high-upside meme coins the moment they launch, with the speed, automation, and protection that until now was only available to whales.
Its advanced algorithms help investors navigate volatile markets, automate risk management, and capitalize on opportunities faster than manual trading.
The bot is entering a space where most users currently favor Trojan and BonkBot, two bots that have gained prominence on the Solana blockchain for their affordable fees and secure transactions.
But Snorter Bot beats the competition in terms of fees. By simply holding the SNORT token, traders reduce their execution fees from 1.5% to 0.85%, undercutting other crypto trading bots.
🚨 Crypto Cautionary Tale: James Wynn’s $100M Wipeout & Rise of Snorter Bot 🚨
🐋 Whale Gone Silent
James Wynn—once a meme-coin legend who turned thousands into millions—vanished after reportedly losing close to $100 million on high-leverage Bitcoin trades and deleting his X… pic.twitter.com/jCq8U2lD1P— Snap Media (@SnapMediaLive) July 17, 2025
The $SNORT token, the project’s native cryptocurrency, has seen a growing investor base and community interest during its presale phase, having raised over $2.4 million.
The token is selling for $0.0993 and can be bought with SOL, ETH, BNB, or bank card. After purchase, the tokens can also be staked for a huge 173% annual return.
Interested investors will want to buy before a price hike in a little more than 1 day.
Related Articles
- Galaxy Digital CEO Mike Novogratz Says ETH May Outperform BTC
- Forexus Drops An NFT Coin – Public Phase Sells Out In Minutes
- Trending Meme Coins To Watch Now, July 25 – Bonk, CateCoin, BurnFi
Best Wallet - Diversify Your Crypto Portfolio
- Easy to Use, Feature-Driven Crypto Wallet
- Get Early Access to Upcoming Token ICOs
- Multi-Chain, Multi-Wallet, Non-Custodial
- Now On App Store, Google Play
- Stake To Earn Native Token $BEST
- 250,000+ Monthly Active Users
Join Our Telegram channel to stay up to date on breaking news coverage
