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Hedera (HBAR) Defies Bearish Signals With 20% Rally—Can the Upside Continue?
Hedera (HBAR) Defies Bearish Signals With 20% Rally—Can the Upside Continue?
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[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN]
Hedera HBAR News -
Hedera’s HBAR token has surged 20% despite forming a death cross, a bearish technical pattern where the 50-day moving average crosses below the 200-day moving average. Typically signaling weakening momentum, this indicator has failed to dampen HBAR’s bullish trajectory as the token demonstrates unusual resilience against traditional market expectations.
While momentum has cooled slightly, traders remain in control of the price action. Sustained demand could push HBAR toward further gains, showcasing how this digital asset continues to defy conventional technical analysis in today’s volatile crypto markets.
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