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Hedera (HBAR) appears to be on the brink of a significant upward move, with technical indicators and broader market conditions aligning in its favor. Despite experiencing a brief pullback, HBAR remains resilient, holding firm above a crucial support level, hinting at a potential rally that could propel the token toward new multi-month highs. At the […]
Following a price drop, Hedera Hashgraph’s native cryptocurrency, HBAR, has recovered. The recent development of a double-bottom structure close to key support levels has enabled the price to regain the $0.1611 price. Currently, HBAR is trading just below the key $0.16328 threshold, but the uptrend momentum is restrained. For HBAR’s bearish trend to be overcome, […]
In a surprising turn of events, the native token of the decentralized ledger platform Hedera, HBAR, experienced a significant price surge of over 100% during the early hours of Tuesday. Starting from a low of $0.0875, HBAR skyrocketed to reach the $0.1821 mark by Wednesday. The sudden surge was triggered by the news of BlackRocks [...]
The post BlackRocks Tokenized Fund News Sends Hedera (HBAR) Soaring 100%, The Reason May Surprise You appeared first on Crypto Breaking News.
Hedera Hashgraph (HBAR) is showing strong signs of recovery, surging over 20% in the past week as bullish momentum sweeps across the broader crypto market. Despite continued macroeconomic uncertainty and global financial instability, Bitcoin’s recent price jumps have reignited optimism, lifting the entire market with it. HBAR is now trading near a critical resistance level, and traders are watching closely for confirmation of a sustained uptrend. Related Reading: XRP Network Activity Jumps 67% In 24 Hours Big Move Ahead? Top analyst Carl Runefelt shared insights on X, noting that HBAR has officially broken out of a massive falling wedge patternan important bullish technical signal. Falling wedge breakouts often precede sharp upside moves, especially when backed by strong volume and broader market support. As HBAR rides this momentum wave, investors are eyeing higher targets if key resistance levels are flipped into support. With renewed risk appetite across crypto and leading assets like Bitcoin paving the way, HBAR could be positioning itself for a significant continuation rally. However, market conditions remain volatile, and any pullback from broader sentiment shifts could test HBARs strength. For now, bulls appear to be in controland if the breakout holds, HBAR may soon target fresh local highs. HBAR Eyes Continuation Amid Renewed Crypto Momentum Hedera Hashgraph (HBAR) is trading at a crucial turning point as bulls continue to apply pressure following a sharp breakout from a long-standing downtrend. The asset remains over 50% down from its local highs earlier this year, but recent developments suggest that HBAR could be gearing up for a strong reversal, especially as broader market sentiment begins to improve. Global tensions and ongoing trade war fears between the US and China continue to rattle equities and traditional markets. However, crypto assets are beginning to diverge from this trend, with Bitcoin leading a notable move higher that has started to lift altcoins like HBAR. This decoupling could mark the beginning of a fresh rotation into digital assets as investors seek growth outside of conventional markets. Runefelt insights highlight that HBAR has broken out of a massive falling wedge pattern, typically a bullish reversal signal. This breakout confirms the potential for upward momentum, especially if HBAR can continue to push through current supply zones. The next key target sits around the $0.38 level, but for that to materialize, bulls must maintain pressure and sustain higher lows in the coming sessions. If momentum holds and macro fears ease even slightly, HBAR could be poised to surprise the market with a sharp rally. Related Reading: Ethereum Holds Above MVRV Band Low A Final Dip Before Recovery? Price Tests Key Resistance Amid Bullish Momentum HBAR is currently trading at $0.185 as it tests a critical resistance zone around the 200-day Exponential Moving Average (EMA). Bulls are now aiming to reclaim the $0.20 level, which also aligns closely with the 200-day Simple Moving Average (SMA). A clean breakout above this range would confirm the bullish momentum and potentially open the door for a rally toward higher levels, including the $0.25 mark. After surging more than 20% in the past week, HBARs price action is showing early signs of strength, but confirmation is needed. Holding above $0.185 and pushing through the $0.20 barrier would validate the recent breakout from a falling wedge pattern and suggest that bulls are in control. However, the rally remains fragile. If HBAR fails to hold above the $0.175 level, it could face a deeper retracement and return to previous support zones near $0.15. That would invalidate the current breakout structure and increase bearish pressure. Related Reading: Solana Short-Term Indicator Signals Potential Risk Reversal Or Pause? Traders are now watching closely as HBAR battles with long-term moving averageslevels that often serve as a dividing line between bear and bull phases. The next few sessions will likely determine whether HBAR confirms its uptrend or returns to consolidation. Featured image from Dall-E, chart from TradingView
Hedera (HBAR) has caught the attention with promising technical patterns signaling a potential price surge. Hedera is holding strong above its crucial support level and aiming to test resistance to start its upward journey. HBAR recently hit its low at $0.1262, triggered by market volatility, but was able to hold support and strongly rebound from […]
Hedera Hashgraphs native token, HBAR, is capturing traders attention as technical indicators point to a potential bullish reversal on the 1-hour chart. According to a recent analysis, HBAR has broken out of a falling wedge pattern following a double top formation, setting the stage for a short-term price surge. HBAR Shows Early Signs of Bullish […]
NEAR Protocol (NEAR) continues to demonstrate quiet resilience in a mixed crypto market, posting a modest but meaningful gain of 1.35% in the past 24 hours. Currently trading at $2.20, the token has shown relative strength, rising 6.36% over the last seven days. Trading volumes have also surged, with $184.97 million recorded in daily activity, […]
After weeks of heightened volatility and sustained sell-offs across the broader crypto market, Hedera (HBAR) appears to be stabilizing, and showing early signs of a potential comeback. Investors have started to regain confidence as HBAR makes a technical breakout and reclaims a spot among the top-performing digital assets. HBAR recently climbed back into the spotlight […]
Hedera (HBAR) is at a critical juncture, currently trading at $0.1703 after an 8% surge in the past 24 hours. While the price action appears promising, technical indicators suggest that the market is at a turning point. Traders are closely watching whether HBAR can maintain its momentum or face a potential correction. HBAR Key Resistance […]
Arweave (AR) provides promising insights into potential price trajectory Let's take a look at this Arweave price prediction article in more detail.
Hedera is showing strong bullish momentum, positioning itself for a potential breakout. After facing turbulence and market volatility, the token recently touched a low of $0.18. However, it has since rebounded, aligning with the broader market recovery and setting the stage for a significant price surge. Swift’s Blockchain Integration with Hedera A major catalyst for […]
Hedera (HBAR) displayed volatility on the weekend, rising 30% from a critical support level. On Sunday, in the X post, Crypto analyst Rose Premium Signals indicated that HBAR may continue the bullish run, with the technical implications suggesting a reversal of the trend. Traders are now focusing on strength and direction to continue, especially in […]
Hedera Hashgraph (HBAR) is gaining strong momentum, showing a 4.55% increase in the last 24 hours. Currently trading at $0.193078, the cryptocurrency has a 24-hour trading volume of $390.15 million and a market cap of $6.90 billion. With a bullish setup forming, HBAR appears to be on the verge of a significant breakout. Market analysts […]
Stellar (XLM) is showing strong signs of recovery after weeks of bearish pressure, fueled by Bitcoins recent rally. Following a sharp 25% decline over the last 30 days, XLM has gained 9.82% in the past 24 hours, sparking optimism for a potential breakout. As the crypto market regains momentum, investors are closely watching XLMs price […]
Stellar is trading along the resistance level at $0.09 and has retested once. The price of Stellar dipped 4.5% after hitting the resistance level twice. [...]
NEAR price was consolidating inside a bullish triangle while trading above key support areas. The technical setup favored the upside as buyers fixed their eyes [...]
Stellar Lumens (XLM) price was at risk of further losses on Friday as it saw a complete reversal of all the gains made on November [...]
Stellar (XLM) soared, gaining 20% on a trading volume of $1 billion in 24 hours. While its pared gains a little in more recent hours, [...]
Hedera (HBAR), a decentralized public network known for its near real-time consensus and developer-friendly environment, has emerged as one of the top-performing altcoins in the cryptocurrency market. As the overall market experiences a resurgence of bullish sentiment, HBAR has demonstrated impressive growth, positioning itself as one of the leaders among the top 100 cryptocurrencies by market capitalization. Trading Volume For HBAR Spikes 200% Over the past fourteen days, HBAR has recorded substantial gains, surging by nearly 50%. This upward momentum extends to the thirty-day and year-to-date time frames, with gains of 36.8% and 15%, respectively. In the past seven and twenty-four hours alone, HBAR’s price has continued its bullish trajectory, skyrocketing by 33.5% and 17%, respectively. These price movements have propelled HBAR beyond its previous 19-month high of $0.1015, reaching a new 20-month high of $0.1060. Related Reading: Bitcoin On Steroids: Key Technical Factors Fueling The Rally To $70,000 The surge in trading volume, which currently stands at $218,438,657 in the last 24 hours, reflects the increased market activity surrounding HBAR, representing a 204.90% increase from one day ago, according to CoinGecko data. Despite HBAR’s impressive performance, the road to its all-time high (ATH) of $0.5759, achieved in September 2021, presents a formidable challenge. Currently facing an almost two-year downtrend structure, HBAR would require a staggering 443% uptrend to reclaim its previous milestone. In the near term, HBAR faces a crucial hurdle at the $0.110 level, which must be defended to prevent further gains. A breach of this level would open the door for testing the $0.1148 and $0.1285 resistance walls. Should bullish momentum persist, attention will then shift to the resistance at $0.1506, followed by $0.1690 and $0.1822. These levels represent the final obstacles before potentially reaching the $0.2000 mark, a threshold not surpassed since April 2022. On the downside, the $0.0855 level is expected to act as a support, preventing HBAR from establishing a lower low within the current market uptrend structure. Hedera Network Welcomes Mondelez International As the adoption of cryptocurrencies gains momentum among major companies worldwide, the Hedera Council, responsible for overseeing the Hedera public network, has recently announced a series of significant partnerships. One notable addition to the Council is Mondelez International (Nasdaq: MDLZ), a prominent multinational food company renowned for its global brands, including Oreo, Ritz, LU, Clif Bar, Cadbury Dairy Milk, Milka, and Toblerone. On February 14, the Hedera Council revealed that Mondelez International had joined its ranks. This collaboration marks a significant milestone as Mondelez International, with its mission to empower people to snack right, sets its sights on leveraging distributed ledger technology (DLT)-based solutions on the Hedera network. Per the announcement, the initial focus of the partnership will revolve around digital transformation initiatives, supply chain management, and enhancing core business processes to deliver elevated customer experiences. With an emphasis on digital transformation, Mondelez International seeks to streamline processes, enhance transparency, and optimize supply chain management using the Hedera infrastructure. Related Reading: Bitcoin Spot ETFs: Issuers Set New Record As Weekly Inflows Cross $2.2 Billion All around, the Hedera protocol and its native token HBAR have experienced substantial growth in market capitalization, trading volume, and partnerships, reflecting the increasing interest from investors in the protocol’s offerings. This positive environment sets the stage for future growth and development of the protocol. However, it remains to be seen whether HBAR can sustain investor attention and continue to achieve price gains, considering the possibility of market corrections following the significant gains recorded in the past 30 days. Nonetheless, HBAR appears well-positioned to emerge as one of the top-performing altcoins in the current bull run. Featured image from Shutterstock, chart from TradingView.com
The Crypto community is now focusing on the HBAR after a recent analysis revealed that the token could increase its value dramatically. In an X post on Thursday, Egrag highlighted that HBAR could see a 7X potential further down the line. The assessment is based on token pricing at present and the likelihood of the […]
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