- HBAR retests the descending channel resistance at $0.20 as Hedera shows breakout momentum
- A successful retest of this key resistance could send the altcoin soaring in the weeks ahead
- Bullish crypto market conditions, aided by macroeconomic tailwinds and ETF-related interest, may support HBAR’s price
Hedera’s native token HBAR rose more than 14% in 24 hours at the time of writing, climbing toward $0.19 on renewed upward momentum.
With the token now approaching the critical technical level of $0.20, a sustained breakout could propel bulls toward $0.29 or higher over the coming weeks.
Hedera price rises as markets recover
The cryptocurrency sector experienced a strong rebound on November 10, 2025, driven by renewed appetite for risk assets.
Much of the early upside that pushed Bitcoin above $106,000 and HBAR toward $0.20 followed a key U.S. Senate agreement that helped avert a prolonged government shutdown.
After roughly 40 days of fiscal uncertainty that had pressured global markets, lawmakers reached a compromise to advance a funding bill to keep federal agencies open through January. The agreement, which includes a future vote on extending certain health care subsidies, reduced immediate fears of economic disruption and helped restore liquidity to equities and digital assets.
Bitcoin (BTC), the market bellwether, led the rally, reclaiming the $106,000 level with about a 4% intraday gain. That move marked a sharp reversal from weekend lows near $99,000, which coincided with nearly $1.2 billion in weekly outflows from exchange-traded products. The recovery illustrates stabilizing sentiment after a period of deleveraging, and Bitcoin’s momentum spilled over to many altcoins, including HBAR.
HBAR price outlook
The recent uptick in HBAR mirrors broader market gains. Hedera, which has benefited from approval and listing news around an HBAR-focused ETF, capitalized on the wider rally among large-cap tokens.
On the day of the move, HBAR jumped more than 12%, rising from intraday lows around $0.17 to trade near $0.20. Over the past week, the token has rebounded roughly 8%.
From a technical perspective, HBAR’s advance has brought it to the upper boundary of a multi-month descending channel. Bears have repeatedly defended this resistance area on prior retests, and the latest confrontation is centered near $0.20.
This $0.20 zone, traced from July highs around $0.30, also overlaps with the 50-day exponential moving average (EMA). The EMA currently sits near $0.1930, creating a meaningful confluence that could attract seller interest.
Chart patterns show HBAR has followed a downward trajectory since July, forming a series of lower highs and lower lows that reinforce bearish control. Nonetheless, the current test of the $0.20 resistance—combined with elevated short interest and a daily volume increase of approximately 122%—suggests the potential for a breakout.
Sellers appear prepared to defend this area aggressively, which could trigger a short-term retracement to prior support levels. However, a decisive daily close above $0.20 accompanied by sustained volume would undermine the descending channel and point to a bullish flag resolution.
Should that breakout occur, momentum indicators such as the Relative Strength Index (RSI) support the possibility of a rally toward $0.29, a prior resistance level from late July.
Conversely, a failure to hold above $0.20 could accelerate downside pressure toward the channel’s lower trendline. The intermediate support band sits around $0.16–$0.14, while a deeper sell-off could see HBAR retest the $0.12 area.
Traders will likely monitor volume, daily closes, and reactions around the 50-day EMA closely to gauge whether HBAR can convert this retest into a sustained breakout or if bears will reassert control and push prices lower.