HEDERA (HBAR) LOOKING READY TO BREAKOUT?!!! | HOLDERS PAY ATTENTION | HBAR CRYPTO NEWS TODAY🔥

Added: 2026-06-01

[00:00:00]All right, welcome back to the Crypto ZX channel to my HBAR holders. Much love to you guys as always for everyone that's still here right now. But I'm sure if you guys are part of the HBAR community, you guys have noticed that HBAR has been holding up much better than expected, especially when you look at the market conditions over the last one week. Um and you're seeing XLM obviously having an amazing time, Algorand. But again, you know, there is a similarity between these projects, utility-driven projects.

[00:00:28]And you can really see they're starting to gain attention right now. Uh if you look at it on a weekly time frame, we're coming out of, you know, this Bitcoin retracement, which of course has dragged the broader market down. But yet, you're seeing HBAR also up about 6%, which I'm sure everyone will take. But let's take a closer look and see what's going on.

[00:00:42]Before we do that, as always, just a quick disclaimer. Anything on this channel is not financial advice. Always do your own due diligence and research when you are investing in cryptocurrency. So, you're looking at the price of HBAR at 9.4 cents. We're a little uh off on, you know, CoinGecko. Uh but give or take 9.3 to 9.4 cents is the price right now, up about 3.4% on the Bitcoin side. Valuation approaching a $4 billion and the 24-hour trading volume is also picking up at 280 million people are starting to pay attention. And you are seeing bids coming across HBAR right now. But take a look at this. Hedera is proud to be a finalist for the best blockchain for mainstream financial services in the Future of Finance 3 Award 2026. This recognition reflects the continued momentum behind enterprise-grade DLT adoption and the growing role of Hedera is playing in a shaping the future of finance. We need to keep one thing in mind.

[00:01:39]We are in a bear market. Barely any interest. And even if there was interest prior to, you know, this, uh you were seeing that interest coming from true holders uh and mainly bigger players. But now, you know, with this type of excitement coming on board, you do tend to see a lot of people act like, you know, they're the biggest fanboys, but me as a content creator, I've been giving you guys HBAR updates when the market has been in the downtrend, when the market has a upside, and I know who the true true holders are because I see the people that comment, that engage, regardless of the market conditions.

[00:02:10]Uh but, you know, what you want to be focusing on what it's doing because again, I've said this a thousand times on the channel, in a bull market, everything seems shiny. All the projects are pushing, you know, good narratives, you know, start trying to, you know, bring more eyes on them and trying to, you know, go based off of their road map, so on so forth. But, when the market goes down, there's no interest in the native token, that's where you really distinguish between, you know, what's really good or not. And you have seen HBAR continuing to build, seeing the institutional adoption coming on board. Obviously, you know, that itself is a reason why you're seeing so much interest kicking in here. Um and obviously with XLM, again, I'm going to make a separate update on that, that's also a perfect example. And just about, I would say, 3 4 weeks ago, if you were looking into some of these projects or, you know, seeing the overall sentiment across those projects, very bearish, barely anyone bidding the charts. But now, as you see some good announcements coming on board, you know, people are starting to realize, "Hold on, you know, there is something going on here."

[00:03:09]Hence, you're starting to see a lot of excitement because again, when you look at XLM, for example, just over the last 1 week, it's up 66.1%. But of course, there is some big announcements coming out of XLM. Uh so again, stay tuned for those updates. Well, let's take a closer look at HBAR and see what's going on.

[00:03:24]So, you know, dominance is really helping right now, believe it or not.

[00:03:27]You know, Bitcoin is still obviously down from where we were just about a week week and a half ago. Uh but, dominance continuing to push down, giving some of these altcoins a room to still grow. Uh if you're looking at BTC right now, you know, Bitcoin, of course, still maintaining its price within the 78.6. I made a market analysis update for you guys yesterday, kind of going over this. Uh and right now, you know, Bitcoin has held its ground, but we're coming up on a week and as you guys know, and as you do go into the weekend, there's CME futures are closed. Um so again, more manipulation could be happening. So we'll see if Bitcoin remains around here. If it doesn't, we could push back down to some of these lower levels, which could, believe it or not, end the party for the immediate short term. But I can I think the sooner this flush happens for Bitcoin, if it were to happen, if we were to go below here, the better it is. But so far we've been, you know, perfect on Bitcoin's trajectory. But if you're looking at HBAR, look at the move here. Look at the first First and foremost, I want you guys to take a look at the volume spike.

[00:04:23]When was the last time we saw this much volume? It dates back to February. So is this really a time where we finally see HBAR breaking out here? Could potentially be. Because look what happened with XLM.

[00:04:34]And you know, people smart money could start realizing, "Hold on. There is something." Maybe, you know, people that haven't really accumulated HBAR when, you know, HBAR price was, of course, I don't know why HBAR price is lagging here. Let me give it a little bit of a refresh live. So you know, when the price was hovering our, you know, last bull market peak, which of course was on January 19th, 2025, at a staggering 40 cents. The people that were there, obviously now when you look at it from a perspective of a retracement, you know, you have seen a retracement of about 80%, which is quite a hefty uh pullback.

[00:05:07]So again, you know, in terms of an opportunity standpoint for accumulation, people are starting to realize, "Hold on. Maybe it is a good time to accumulate." And yet you're seeing some excitement kicking in. But you know, what I'm paying attention to is the volume spike. This is something you want to be paying very, very close attention to. Uh but look at where we currently are for HBAR. You literally just uh a few days back we were sitting at, you know, this 8.2 cents. HBAR has seen a 16% move. And now we're coming up at this resistance. If this resistance is able to break out, we could push up to May 11th, uh you know, high, which again is right below our 10-cent price point.

[00:05:43]But breaking above here, I think we take it back above 10 cents. I could potentially even see HBAR retesting levels we have not seen since early February and that would be quite something. Obviously, the most bullish statement would be to get back into 78.6 and kind of get give HBAR that head start as we do go into that next space towards, you know, the reversal because the higher the price is the better it is for HBAR because once the market still turns things around, you know, if HBAR is already hovering at the likes of the 78.6 again, you know, we could kind of see a head start if you get what I mean.

[00:06:18]So, again, I'm not saying things are about to turn around. We could still see BTC see a flush. I've talked about that in my market analysis update. Again, this is a very important key support line. If this does not hold, we could push back down to the likes of 70 or 70K would be the next target and below 70K, obviously, the door is open for us to go down to 67, potentially making our way back down to where we were, you know, prior. So, pretty much around tripping this whole move that we have seen, but HBAR is looking really good here. And for long-term accumulators, again, you cannot really you cannot really time the bottom perfectly. So, the dollar cost averaging in is your best friend and even though we have seen a little bit of a bounce right now, you're still seeing from our 2025 highs, still down about 77% for HBAR there. So, again, let me know in the comments what you guys personally think about HBAR. What's your overall take? Is smart money finally starting to pay attention?

[00:07:09]Is this really the time where you see these projects picking up traction?

[00:07:14]But again, you know, speaks for itself, you know, this right here, the recognition that it's deserving, it's I think well-deserved. Obviously, if you deep dive into HBAR, you really see that it is one of the working projects.

[00:07:26]You hear that so much, the working projects word get thrown around, but there's a very few that are really doing something and taking Web3 to the masses.

[00:07:35]But again, let me know in the comments what you guys think. Much love as always. We'll see you later in CryptoZX and peace out.