{"id":22879,"date":"2026-02-27T09:48:17","date_gmt":"2026-02-27T09:48:17","guid":{"rendered":"https:\/\/bitunikey.com\/news\/hedera-price-eyes-bullish-crossover-as-stablecoin-activity-fires-up-will-it-break-out\/"},"modified":"2026-02-27T09:48:22","modified_gmt":"2026-02-27T09:48:22","slug":"hedera-price-eyes-bullish-crossover-as-stablecoin-activity-fires-up-will-it-break-out","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/hedera-price-eyes-bullish-crossover-as-stablecoin-activity-fires-up-will-it-break-out\/","title":{"rendered":"Hedera price eyes bullish crossover as stablecoin activity fires up, will it break out?"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Hedera price rallied over 8% this week amid a notable jump in the stablecoin supply held on the network.<\/p>\n<div id=\"cn-block-summary-block_d67117dddc937ca1caa92c96bd708b85\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Hedera price rebounded 8% this week amid an uptick in network activity.<\/li>\n<li>HBAR price action is close to confirming a bullish crossover on the daily chart.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>According to data from crypto.news, Hedera (HBAR) price rallied 8.7% over this week amid a broader crypto market rebound largely fueled by Bitcoin reclaiming key support levels and improved investor appetite for risk assets amid a surge in tech stocks.<\/p>\n<p>The token\u2019s rally also gained support from a jump in stablecoin supply held on the network. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/chain\/hedera?appRevenue=false&amp;groupBy=weekly&amp;stablecoinsMcap=true\" target=\"_blank\" rel=\"nofollow\">Data<\/a> from DeFiLlama show that its stablecoin supply has surged nearly 17% over the past seven days, driven largely by USDC, which accounts for about 99.8% of the total supply.<\/p>\n<p>A surge in stablecoin means more users are transacting, deploying capital, or seeking yield on the network. Such activities tend to support retail sentiment.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Demand from derivative traders also provided an impetus to HBAR\u2019s rally. Notably, Hedera <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/currencies\/HBAR\/futures\" target=\"_blank\" rel=\"nofollow\">futures open interest<\/a> has increased by 3% in the past 24 hours, while its weighted funding rate has also turned positive.<\/p>\n<p>A positive funding rate means more traders are entering the market with bullish bets, which in turn is improving overall market sentiment.<\/p>\n<h1 class=\"wp-block-heading\">Hedera price analysis<\/h1>\n<p>On the daily chart, Hedera price has broken above a descending trendline that had been acting as a dynamic resistance, capping price movement since late October last year. When an asset breaks out of such a descending trendline resistance, it is typically a sign of a trend reversal, with dominance shifting to the hands of bulls.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Hedera price is forming a bullish SMA crossover on the daily chart \u2014 Feb. 27 | Source: crypto.news<\/figcaption><\/figure>\n<p>The 20-day SMA appears close to moving above the 50-day SMA, forming what traders term a short-term bullish crossover. When such crossovers are confirmed, cryptocurrencies have often sparked sharp rallies.<\/p>\n<p>Adding to the bullish outlook, the MACD lines have also pointed upwards and are close to moving above the zero line.<\/p>\n<p>Hence, the price outlook for Hedera appears to be bullish for now, with the token most likely to target $0.12 next, which aligns with the 23.6% Fibonacci retracement level.<\/p>\n<p>On the contrary, if bears can push the price below the 20-day SMA of $0.097, Hedera could enter a downtrend.\u00a0<\/p>\n<p>However, the lackluster demand for Hedera spot ETFs could become a bottleneck for any upside move, especially since other assets like XRP and Solana ETFs have continued to outpace HBAR in both net daily inflows and total assets under management (AUM).<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hedera price rallied over 8% this week amid a notable jump in the stablecoin supply held on the network. Summary Hedera price rebounded 8% this week amid an uptick in&hellip;<\/p>\n","protected":false},"author":1,"featured_media":5584,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-22879","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/22879","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=22879"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/22879\/revisions"}],"predecessor-version":[{"id":22880,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/22879\/revisions\/22880"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/5584"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=22879"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=22879"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=22879"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}