The price of Hedera Hashgraph (HBAR) has stabilized and is showing signs of a potential rebound. Investors are anticipating approval for a spot exchange-traded fund (ETF) focused on HBAR by the Securities and Exchange Commission (SEC). JPMorgan predicts that the SEC is likely to approve crypto funds, which could pave the way for a Hedera ETF. The total value locked in Hedera Hashgraph's ecosystem has been increasing, and the network is often seen as a faster and more cost-effective alternative to Ethereum. The daily chart suggests that HBAR is forming a bullish pennant pattern and could experience a strong breakout, with the next key level to watch at $0.3920 and a psychological target of $0.50.



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