HBAR Poised for Rally with Bullish Flag and RWA Boom
HBAR has formed a bullish flag pattern on its daily chart, suggesting a potential rebound. The price pulled back to the 50-day moving average at $0.23. Analysts expect the RWA market to boom, boosting HBAR demand. A recent collaboration with Swarm enables tokenized stocks with 1:1 backing and insolvency protection. Hedera’s stablecoin studio and partnerships with asset managers like Aberdeen Group support its tokenization strategy. If HBAR breaks above the flag’s upper trendline at $0.304, it could surge toward $0.40. Traders should monitor the $0.23 support level for signs of strength.
Bullish
The formation of a bullish flag chart pattern suggests a technical rebound in HBAR, aligning with historical break-and-retest setups that preceded rallies in similar altcoins. Coupled with strong real-world asset (RWA) catalysts—such as the Swarm partnership for 1:1 backed tokenized stocks and collaborations with major asset managers—HBAR’s demand outlook has improved. In the short term, traders may see a bounce from the $0.23 support toward the flag’s upper trendline at $0.304. A clear break above this level could trigger a move to $0.40. Over the long term, ongoing tokenization initiatives and RWA adoption may underpin sustained price growth, making this a bullish signal for HBAR.