- HBAR retests the downward channel resistance at $0.20 amid a Hedera price breakout
- Re-testing key resistance levels could set the altcoin up for a sharp rally in coming weeks
- A favorable macro backdrop and talk of ETFs could help push HBAR prices higher in a bullish crypto market
Hedera’s native token, HBAR, surged more than 14% over 24 hours at the time of writing, climbing to about $0.19 as renewed upward momentum took hold.
With the asset trading near the critical technical level of $0.20, a sustained advance could enable bulls to push the price above $0.29 in the coming weeks.
Hedera price rises as markets rebound
The crypto sector experienced a strong rebound on November 10, 2025, supported by renewed optimism toward risk assets.
Much of the early rally that lifted Bitcoin above $106,000 and pushed HBAR toward $0.20 followed an important U.S. Senate agreement aimed at avoiding a prolonged government shutdown.
After around 40 days of fiscal uncertainty weighing on global markets, lawmakers advanced a compromise to fund federal agencies through January. That deal also includes a future vote related to extending certain health subsidy provisions, which eased fears of economic disruption and injected fresh liquidity into both equities and digital assets.
Market leader Bitcoin led the surge, reclaiming the $106,000 level with a roughly 4% intraday gain.
This marked a sharp reversal from weekend lows near $99,000 and came despite approximately $1.2 billion in outflows from exchange-traded crypto funds that week.
The recovery reflects stabilizing sentiment after deleveraging, and Bitcoin’s momentum has spilled over into the broader altcoin market.
HBAR price outlook
As noted, HBAR’s recent rise aligns with broader market gains.
Hedera jumped sharply amid headlines around a potential HBAR ETF listing, benefiting from the megacap tokens’ upswing.
On the move, HBAR climbed more than 12%, rising from a low near $0.17 to test the $0.20 area.
Over the past week the token has recovered roughly 8%.
Technically, this rally has taken HBAR to the upper boundary of a multi-month descending channel.
Bears have repeatedly defended the $0.20 resistance area, which also aligns with the 50-day exponential moving average (EMA) and traces back to the July high near $0.30.
The 50-day EMA currently sits near $0.1930, creating a notable convergence that could prove a challenging battleground for sellers.
Price action since July shows a series of lower highs and lower lows consistent with a dominant bearish trend. However, rising short-interest and a 122% surge in one-day volume during the recent probe of $0.20 suggest the potential for a breakout.
Bears appear prepared to defend this zone aggressively, and a failed breakout could trigger a retracement back toward prior support levels.
A decisive daily close above $0.20 accompanied by sustained volume would invalidate the bearish channel and likely mark a transition toward a bullish flag resolution. Momentum indicators such as the relative strength index (RSI) point to upside potential toward $0.29, a level that served as resistance in late July.
Conversely, a drop below $0.20 could accelerate selling toward the channel’s lower trendline. Intermediate support sits roughly between $0.16 and $0.14, and a deeper decline would open the door to a retest of $0.12.