Hedera (HBAR) rebounds following Robinhood listing after recent price correction.
Key support levels hold as technical indicators remain favourable.
Testnet upgrade boosts confidence in Hedera’s long-term potential.
After a significant plunge over the past week, the price of Hedera (HBAR), the native cryptocurrency of Hedera Hashgraph, has today turned bullish following its listing on Robinhood.
$HBAR is now available to trade on Robinhood. pic.twitter.com/5Lj3s7CKdn
— Robinhood (@RobinhoodApp) July 25, 2025
The listing has sparked renewed interest from traders and investors, with market sentiment appearing to shift positively after days of consolidation and downward pressure.
HBAR rebounds after a steep correction
Earlier this month, HBAR reached a local peak near $0.29 before pulling back sharply by nearly 20%, bottoming out around $0.233.
The correction raised concerns among traders, especially with several consecutive red candles forming on the daily chart.
Despite the pullback, HBAR has managed to hold above critical support levels, most notably around $0.233.
This support has been tested multiple times, and its strength suggests that bulls are still defending key zones.
Notably, HBAR has remained above its 50-day and 200-day Simple Moving Averages (SMAs), signalling a strong underlying structure that remains intact despite short-term volatility.
Today’s rebound comes as a welcome relief and is widely seen as a response to the Robinhood listing, which opens HBAR to a broader retail audience.
Market indicators suggest stability, not reversal
Technical indicators reveal a market that is cooling, but not collapsing. The Relative Strength Index (RSI), which had recently touched overbought territory, has now fallen back into a neutral range.
While this confirms waning upward momentum, it also suggests that the market is not yet oversold, leaving room for a potential continuation to the upside.
The Moving Average Convergence Divergence (MACD) indicator has also begun to show early signs of a bearish crossover.
However, analysts note that the divergence remains shallow, indicating that the recent correction could be more of a pause than a trend reversal.
These signs support the argument that HBAR’s medium-term bullish structure is still valid, especially as it trades above all major trendlines.
Hedera testnet upgrade boosts confidence
HBAR’s price bounce has coincided with other fundamental developments in the Hedera ecosystem.
On July 24, the Hedera network underwent a scheduled testnet upgrade to version 0.64. The upgrade, which was completed within 40 minutes, introduced improvements in performance and network stability.
Although the upgrade was on the testnet and not the mainnet, it demonstrated continued progress in Hedera’s technical roadmap, bolstering investor confidence.
The upgrade also underscores Hedera’s appeal to developers and enterprises.
With its unique hashgraph consensus mechanism, the network continues to distinguish itself from traditional blockchains by offering faster transaction speeds, better scalability, and enhanced efficiency.
These capabilities make it particularly attractive for real-world use cases, especially in enterprise and institutional settings.
Hedera price outlook: Can bulls hold the momentum?
As of press time, HBAR is trading near $0.248, reflecting a 2.9% gain in the past 24 hours.
While short-term volatility remains, the recent price movement suggests a potential recovery is underway. If the current bullish momentum holds, HBAR could revisit the $0.26 resistance level.
A clean break above that threshold may set the stage for another retest of the $0.30 region.
However, traders should be cautious, watching the $0.213 support level closely.
A breakdown below this key zone would mark a shift in short-term sentiment and potentially open the door to a deeper correction.
On the other hand, if bulls manage to maintain control above $0.22, the market may see renewed attempts to push higher in the coming weeks.
