$HBAR Hedera (HBAR) has a promising future, as Canary Capital has filed with the US Securities and Exchange Commission (SEC) for an exchange-traded fund (ETF) focused on the coin ¹. If approved, this could lead to increased liquidity and awareness of the coin, opening the door to institutional investment and potentially leading to a surge in its value.

The Relative Strength Index (RSI) is currently at 63.89, indicating that bulls are in control of the market ¹. Some analysts believe that the value of HBAR could rise significantly if the ETF is approved ¹. Others believe that SEC approval of the coin is imminent, opening the door to institutional use that will attract billions of potential capital to Hedera ¹.

It is important to note that there are different technical analyses and market predictions about the future of HBAR ². Investors should do their own research and market analysis before making any investment decisions.