Hedera HBAR Surges 3.26% as Whales Drive Breakthrough Above Key Resistance
Hedera's HBAR rallied 3.26% to $0.27, decisively breaking the $0.2635 resistance level amid significant whale accumulation. The upward momentum, fueled by institutional buying pressure since August 8th, indicates sustained demand rather than short-term speculation.
Technical analysis supports continued bullish momentum, with the RSI at 58.94 suggesting further upside potential. A notable 15-minute candle during the breakout saw 2.4 million HBAR traded, confirming strong organic demand.