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Hedera HBAR Shows Bullish Signals as Whale Accumulation and Technical Indicators Point to Potential Upside
Hedera HBAR Shows Bullish Signals as Whale Accumulation and Technical Indicators Point to Potential Upside
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[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN]
Hedera HBAR News - Large HBAR holders have significantly increased their positions over the past week, signaling strong institutional confidence. Accounts holding at least 1 million tokens grew from 82.41 to 84.09, while the 10 million token band expanded from 106.59 to 107.86. At current prices, this represents a minimum inflow of $420,000 and $317,500 respectively into these tiers. Technical indicators reinforce the bullish narrative. Despite HBAR's price dipping from $0.23 to $0.22 between August 19-22, the Relative Strength Index climbed from 43 to 51—a classic bullish divergence. This suggests underlying demand is absorbing supply even during price weakness, creating a foundation for potential upside.
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