Hedera (HBAR) Jumps 8% as Technical Indicators Flash Strong Bullish Signals
Hedera’s HBAR surged 8% as its BBTrend indicator skyrocketed to 6.83 from 1.5 within 48 hours, signaling a clear transition from consolidation to trend momentum. The price movement aligns with bullish EMA convergence as it tests a key resistance level.
Bollinger Band Trend readings above 3 historically precede sustained price movements. This volatility expansion suggests institutional accumulation may be underway ahead of anticipated network developments.