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Hedera (HBAR) Gains Bullish Momentum as Technical Indicators Flash Breakout Signals

Hedera (HBAR) Gains Bullish Momentum as Technical Indicators Flash Breakout Signals

Published:
2025-05-14 16:48:16
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[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN]
Hedera HBAR News -

Hedera Hashgraph’s native token HBAR has surged 25% over the past month, with technical analysis indicating continued upward momentum. The cryptocurrency is currently trading above key moving averages while its 14-day Relative Strength Index sits at 80%—a strong bullish signal that often precedes significant price movements.

Market analysts observe HBAR’s consolidation within a defined range, with volume profiles and momentum indicators suggesting an imminent breakout. The token’s price structure reveals clear support and resistance levels that could determine its near-term trajectory.

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