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Hedera HBAR Breaks $0.27 Resistance as Whale Activity Fuels Bullish Momentum
Hedera HBAR Breaks $0.27 Resistance as Whale Activity Fuels Bullish Momentum
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[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN]
Hedera HBAR News -
Hedera's HBAR token surged past the $0.27 resistance level with a 7.72% gain on August 8th, driven by aggressive whale accumulation and growing institutional interest. Currently trading at $0.27 with a 0.65% daily increase, technical indicators point to strengthening bullish momentum.
Network fundamentals further supported the rally, with Hedera's July 2025 update highlighting advancements in tokenization and stablecoin adoption. The RSI at 58.71 indicates potential for additional upside before reaching overbought conditions.
This marks HBAR's second significant price movement this week, following an 8.98% jump on August 6th. Market participants are now monitoring whether $0.27 can transition from resistance to support.
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