Hedera is gaining strong bullish traction as analysts project a rally toward $1.80. ChartNerd highlights an Elliott Wave setup within an ascending channel, while new U.S. ETF filings signal rising institutional interest.

With price stability above $0.17 and growing volume, the token shows signs of sustained momentum heading into 2026.

HBAR’s Elliott Wave Structure Points to Long-Term Growth

Analyst ChartNerd shared a positive projection, forecasting a potential rally toward $1.80 in the upcoming market cycle. The long-term chart shows a multi-year Elliott Wave structure forming within a wide ascending channel, signaling a new impulse wave following a corrective phase. This pattern is often viewed as a transition into the strongest part of an upward cycle.

HBAR Chart | Source:x

The analysis indicates that the token is currently consolidating within a Wave (ii) retracement zone, typically preceding a strong Wave (iii) advance. The structure mirrors the network’s 2020–2021 pattern, when a similar setup led to a move toward its previous all-time high of $0.58. The current accumulation area between $0.16 and $0.20 has acted as a steady support range, suggesting that market participants are positioning for another expansion phase within the established ascending channel.

Analysts Identify Key Levels for Confirmation

According to the technical roadmap, the asset must break above the mid-channel resistance near $0.38–$0.50 to confirm a full shift in momentum. A successful breakout above this zone could validate the continuation of the Elliott Wave sequence and potentially drive it toward the projected $1.80 mark. Analysts also point to the consistent formation of higher lows as an indicator of structural strength, with the asset maintaining a stable trajectory within its long-term bullish framework.

The setup positions Hedera among the Layer-1 assets showing constructive technical progress heading into 2026. Analysts believe the pattern’s reliability depends on sustained trading volumes and continued institutional accumulation, both of which have increased in recent months.

ETF Filings Boost Institutional Interest

Market attention intensified after analyst Gilmore Estates reported that the altcoin has been named in six U.S. ETF filings, reflecting growing institutional engagement. The proposals come from established issuers, including Grayscale, Canary, REX-Osprey, and KraneShares. The filings cover both single-asset and index-based funds, showing that its energy-efficient and enterprise-grade blockchain is gaining attention in regulated investment markets.

HBAR Chart | Source: x

Analyst reports estimate a 60%–80% probability of at least one HBAR-linked ETF approval by the fourth quarter of 2025. This development follows the momentum created by Bitcoin and Ethereum ETF approvals, signaling the market’s expanding focus on diversified digital asset portfolios. The trend could introduce broader liquidity for the asset and make it more accessible to traditional investors.

Institutional Integration Strengthens Hedera’s Market Position

Gilmore Estates noted that the ongoing ETF activity represents its transition from an emerging blockchain project to an asset integrated into mainstream finance. The platform’s governance framework, supported by leading global firms such as Google, IBM, and LG, continues to enhance investor confidence. The introduction of ETF filings further aligns Hedera with other top-tier blockchain networks now considered for institutional investment.

With regulatory reviews expected in the coming quarters, analysts predict that institutional exposure will expand as more investors seek regulated access to the crypto. The growing interest could drive additional trading activity and deepen market liquidity.

Short-Term Price Action Reflects Renewed Buying Activity

In recent sessions, the price increased by 3.46% to trade near $0.17, with intraday highs approaching $0.179. The asset maintained support above $0.17, and trading volumes surged to $199.8 million in 24 hours, showing heightened participation from both retail and institutional investors.

HBARUSD 24-Hr Chart | Source: BraveNewCoin

Short-term data also shows that the altcoin continues to establish higher lows throughout October 20. Analysts expect a move toward $0.18–$0.185 if the token remains above $0.175. With a market capitalization of $7.42 billion, sustained closes above the $0.17 mark could strengthen its near-term outlook and set the foundation for further gains toward the $0.20 resistance zone.