How Hedera is expected to rise 25% after the HBAR ETF update

If the closing price breaks above $0.235, the price of HBAR is expected to rise by 25%. Experts estimate that the U.S. Securities and Exchange Commission (SEC) will approve the HBAR spot ETF on November 11 as high as 90%. The asset rose 2.3% to $0.235, breaking the decline triangle pattern on the 4-hour chart. Technical indicators such as Supertrend and ADX are at 27, indicating bullish momentum, while 61.81% of traders hold long positions.