Key Insights: HBAR price forecast shows strong potential for a 1471.43% rally to $3.30. HBAR rallied more than 1,300% after its breakout in the previous peak cycle. DTCC platform has listed Hedera’s HBAR crypto ETF. Open interest remains high, indicating that traders are actively positioning for further upside. Recent HBAR price predictions show that a bullish rally is imminent if the current technical setup unfolds as expected. This comes after the DTCC platform listed Hedera’s HBAR crypto ETF, Canary’s XRP, and Fidelity’s Solana ETFs. At the time of writing, HBAR traded at $0.24451 after creating support around $0.2100. Over the last 24 hours, the price of the Hedera Hashgraph native token recorded an uptick of 1.82%, according to TradingView. On-chain derivatives data indicate a bullish HBAR price forecast, thanks to funding rates increasingly favoring long bullish positions. HBAR Price Setup Targeting $3.30 According to expert analyst EgragCrypto, Hedera (HBAR) is positioned for a powerful rally that could drive its price as high as $3.3. The chart reveals a clear repeating cycle pattern where consolidation phases are followed by steep rallies. HBAR has already completed a long corrective phase and is now breaking out of a bullish channel, mirroring the setup that preceded the explosive 2021 surge. In the previous cycle, HBAR rallied more than 1,300% after its breakout, reaching its cycle peak. The current wave structure suggests that a similar move is underway, with Elliott Wave analysis indicating a potential major wave 5 extension. This projection aligns with Fibonacci levels, strengthening the case for a sharp upward move. Key resistance levels remain near $0.10 and $0.12. However, once these are cleared, the path to higher valuations opens up rapidly. The cycle top zone highlighted in the chart indicates that $3.3 is not only possible but highly probable if the market momentum continues. With strong technical confluence and historical patterns supporting this outlook, HBAR appears ready to enter its next major growth phase. Meanwhile, expert trader Sjuul noted a strong bullish momentum after the asset broke above its descending trendline. In his chart, he highlights a classic “Power of 3” setup, signaling that the token may now be entering its expansion phase. This pattern often leads to sustained upside as long as support holds. For now, the key support zone is acting as a foundation for buyers, giving confidence that the move is valid. If the price maintains above this level, HBAR could target the resistance zone in the short term and test $0.3050. A successful push through resistance would further strengthen bullish momentum and open the door for extended gains. HBAR price action | Source: Sjuul X Funding Rates Are Bullish for HBAR Price In addition to the strong technical setup, market sentiment is also supporting the bullish outlook. Open interest remains high, indicating that traders are actively positioning for further upside. At the same time, funding rates are holding positive, which suggests that the long positions are outweighing shorts. This signals that traders are confident enough to pay a premium to keep their bullish bets open. As a result, demand continues to increase, creating the conditions for prices to rise. HBAR Funding Rate HBAR Crypto ETF Excitement Canary’s HBAR ETF has been listed on the Depository Trust & Clearing Corporation (DTCC), a key move that signals progress toward launch. DTCC eligibility is primarily an administrative step, indicating that the product is ready for potential clearing and settlement once approved. However, this does not mean trading will begin immediately. The ETF still needs official approval from the U.S. Securities and Exchange Commission (SEC). Until then, the listing should be seen as preparation rather than confirmation. Even so, this milestone highlights a growing confluence of technical, on-chain, and institutional indicators for a bullish HBAR price forecast.