Hedera Hashgraph’s native HBAR coin is gradually picking up pace amidst a broader altcoin market rebound. On Thursday, the United States Securities and Exchange Commission (SEC) officially acknowledged the generic exchange-traded fund (ETF) framework, marking a massive breakthrough for the crypto industry.
Altcoin ETF Standards Set, HBAR ETF Next?
As the major regulatory hurdle was cleared yesterday evening, the new generic ETF listing rules pave the way for both single-handed altcoin ETFs as well as mixed baskets that could combine promising alternative digital assets with Bitcoin (BTC) or other commodities. For HBAR, this serves as great news due to the two pending ETF submissions.
One of them, the Canary Capital one, has already cleared important checkpoints with NASDAQ. The world’s top electronic stock market is actively pushing for the tracking of Hedera’s native coin price on Spot. Further on, the DTCC added this HBAR to their register on September 11, 2025, while Bloomberg’s top financial analysts now give a 90% chance of approval.
HBAR Bulls Rely On Two Targets Beyond $1
Grayscale’s ETF, just like Canary’s, is due for decision in November, 2025. Could this pivot Hedera’s HBAR price to unprecedented heights? Measuring by historical market data, it’s clear tackling a new all-time high beyond $0.56 is the first target. According to ChartNerd, the support block at the 0.382 Fibonacci Retracement level sitting at $0.22 has confirmed the flag pole.
What’s known as the bullish flag pattern, had formed in the first half of 2025, when HBAR’s price consolidated in a between $0.40 to $0.16 and vice versa. “The road to $1.20/$1.80 is in full swing”, – now declares Chart Nerd, maintaining these targets aligned with Fibonacci’s 1.272 & 1.414 levels, respectively.
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The headline suggests HBAR is aiming for $1.20, fueled by recent ETF progress and a price rally supported by Fibonacci (Fib) levels, as highlighted by @ChartNerdTA.
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Currently, Chart Nerd’s chart shows HBAR bouncing off a Fib support block at $0.22 (0.382 level) with a flag formation, projecting a 1.414 Fib extension to $1.80, with $1.20 as a key target along the way.
Bloomberg’s analysts give a 90% chance of an HBAR ETF approval by November 2025, boosting investor confidence and sparking the rally, especially after DTCC listed it on September 11, 2025.
Ciphera’s research team confirmed HBAR’s price broke out from a falling wedge pattern, a bullish signal that aligns with the rally off the $0.22 Fibonacci support.
Take it slow—while the Fib levels, ETF hype, and wedge breakout look promising, crypto’s volatile. Check HBAR’s current price (¬$0.24) and wait for ETF confirmation before diving in!
