BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Hedera (HBAR) Breaks Key Resistance, Targets $0.30 Amid Bullish Momentum
Hedera (HBAR) Breaks Key Resistance, Targets $0.30 Amid Bullish Momentum
7
2
[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN]
Hedera HBAR News -
Hedera's HBAR has surged past critical resistance levels, closing decisively above both the 50-day and 100-day exponential moving averages (EMAs). The breakout from a multi-month descending wedge pattern signals a potential rally toward the $0.30 target, representing a 79% upside from current levels around $0.175.
Strengthening the bullish case, trading volume has increased alongside higher lows, reflecting growing institutional and retail interest. Technical analysts identify the $0.17–$0.18 zone as crucial support for maintaining upward momentum. This price structure mirrors early 2024's accumulation phase, positioning HBAR for what could be its strongest performance cycle in the coming quarters.
By:
Previous
Rumble Partners with MoonPay to Launch Crypto Wallet
Next
Dollar Weakness and Tariff Crosscurrents Shape Currency Markets
