Hedera (HBAR) Breakout Signals Bullish Reversal, Targets $0.38

BTCC / BTCC Square / Global Cryptocurrency /

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2025-07-21 18:16:17

[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN] Hedera HBAR News -

Hedera's HBAR has broken out from months of consolidation within a falling wedge pattern, surpassing resistance in early July. This technical breakout sparked a 71.91% rally, driving the price from $0.14 to $0.26 in less than two weeks.

Technical analysis shows a classic bullish reversal, with the descending channel breakout confirmed by increasing volume and sustained accumulation. The pattern suggests a profit target range between $0.26 and $0.37, with Fibonacci extensions pointing toward $0.37748.

The market structure has clearly shifted, as confirmed by the wedge breakout's validation through follow-up price action. This mirrors historical patterns where falling wedges signal trend reversals, with HBAR's volume profile supporting further upside potential.

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