HBAR price rises after Hedera and FedEx partnership, but risks remain

HBAR price has bounced back in the past few days as the crypto market rebound continued and after Hedera reached a key partnership with FedEx, a top player in the delivery and logistics industry.

Hedera (HBAR) token jumped to a high of $0.1038, up sharply from this month’s low of $0.0735. It remains much lower than $0.3045, its highest level in 2025.

HBAR price has rebounded primarily because of the ongoing crypto market rally. Bitcoin and most altcoins rebounded after the recent US consumer inflation report raised the possibility that the Fed will deliver more cuts.

The token also jumped after Hedera reached a deal with FedEx, a top global multinational. FedEx became the latest major company to enter the governance council, joining other companies like Tata Communications, LG, Mondelez, Google, Hitachi, and Deutsche Telekom. 

FedEx aims to help advance a trusted digital infrastructure that can support the lifecycle of global shipments and make supply chains smarter for everyone involved. In a statement, Vishal Talwar said:

“As supply chains become increasingly digital-native, trusted data must be shared and verified across many parties without increasing risk or centralizing control.”

Still, the HBAR price faces some major risks that may hit its performance. One of them is that demand for the Canary HBAR ETF has dried in the past few months. It has not had any inflow since February 9 of this year. Its inflows stands at about $6 million this year, bringing the cumulative inflow to $90 million. 

Also, the ecosystem growth has stalled, with the total value locked in its DeFi ecosystem falling to just $39 million. The stablecoin market cap has dropped to $68 million, a tiny amount in an industry with billions of dollars.

HBAR price technical analysis

The daily timeframe chart shows that the HBAR price has rebounded in the past few days. It has rallied from a low of $0.07360 to the current $0.1037.

The coin has retested the key resistance at $0.1037, its lowest level in October and December last year. That is a sign that the coin has formed a break-and-retest pattern. 

The coin has also found resistance at the 50-day moving average. Therefore, there is a likelihood that the token will resume the downtrend, potentially to the year-to-date low of $0.073.