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Hedera HBAR Shows Bullish Signals as Technical Indicators Point to Potential Breakout
Hedera HBAR Shows Bullish Signals as Technical Indicators Point to Potential Breakout
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[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN]
Hedera HBAR News -
Hedera's HBAR is displaying early signs of recovery, currently trading at $0.15528 with a 0.78% daily increase. The cryptocurrency is consolidating below its 20-period SMA, while Bollinger Bands tighten between $0.14929 and $0.16161—a typical indicator of impending volatility.
Technical analysis reveals cautious optimism: the RSI at 54.20 approaches bullish territory, and a MACD crossover (0.00149 above 0.00113) suggests emerging upward momentum. Growing volume and open interest indicate accumulating market interest.
Traders are monitoring for a decisive breakout from the current range, which could confirm whether HBAR's downward trend has finally reached its conclusion.
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