Analysts Predict 123% Surge in Crypto as ETF Approval Looms as Key Catalyst

Jakarta, Pintu News – Hedera (HBAR) price has been in the spotlight in recent weeks as it continues to attract the attention of analysts and investors. The asset has formed a strong technical structure on the higher time frames, indicating a possible significant move in the future.

However, overall market sentiment and news from institutions may affect HBAR’s performance in the coming weeks.

HBAR Price Movement: Target Aligns with Analyst’s Bullish Chart

According to analyst Javon Marks, the price of HBAR has the potential to experience a significant increase after breaking the previous resistance level. His chart shows a projected increase of up to 123%, with the first major target around $0.504, followed by the second level below $1.

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This breakout structure suggests that the price of Hedera has formed a reversal zone which supports the outlook. Moreover, the asset has consistently recorded higher lows, signaling strong market conviction.

Marks emphasized that if the price breaks $0.504, a stronger continuation pattern could open up. Therefore, this projection reinforces the increasingly positive long-term HBAR price forecast.

On the weekly chart, the price of HBAR formed a bullish pennant pattern after an explosive rally. As of September 6, HBAR was briefly trading at $0.214, showing mild volatility after the sharp rise earlier this year.

This pattern is characterized by a narrowing trendline, holding the price movement between resistance around $0.292 and support at $0.187 levels. Price is currently in the middle of the range, with an attempt to hold above $0.21, supported by the Parabolic SAR indicator.

If buyers take control again, a possible breakout towards $0.400 is realistic, in line with the long-term projections. However, rejection at the upper limit could extend the consolidation phase.

Overall, this setup confirms that the long-term HBAR price forecast remains technically optimistic despite the short-term correction.

ETF Approval Chances Reach 90%: Important Catalyst for Hedera

In addition to technical analysis, institutional interest further strengthens the bullish view on HBAR prices. A Bloomberg Terminal report indicates that the Hedera ETF application from Grayscale and Canary has a 90% chance of approval.

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The SEC’s final decision is scheduled for November 11, 2025, a significant milestone for the asset. Analysts think that the ETF approval could encourage a significant influx of institutional flows, similar to the pattern seen with Bitcoin and Ethereum ETFs.

Regulatory approvals such as these have the potential to increase Hedera’s price visibility in global markets and encourage greater liquidity. In addition, ETF approval will strengthen Hedera’s position as a credible asset for mainstream adoption. This combination of technical and institutional factors puts HBAR in an attractive position.

In conclusion, the price of HBAR is at an important junction, combining strong technical signals with regulatory catalysts. The chart shows potential room for a significant rally, with analyst targets emphasizing large upside.

The high chance of ETF approval adds to the optimism, focusing investor attention on the coming months. Overall, the price of Hedera continues to build the case for great growth potential.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. Hbar Price Forecast: Analyst Targets 123% Rally as ETF Approval Odds Hit 90%. Accessed on September 8, 2025