Hedera HBAR Poised for 40% Rally as Whale Activity Signals Major Breakout
Published:
2025-09-11 23:36:18
[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN]
Hedera HBAR News - Hedera's HBAR token is gaining significant momentum as whale accumulation patterns indicate growing institutional confidence. Trading at $0.236 on September 11, the token has posted an impressive 10.6% weekly gain despite a minor 3.7% monthly dip. Over the past quarter, HBAR has surged 53%, maintaining strong bullish momentum.
Whale wallets holding over 10 million HBAR increased from 117.76 to 119.54 between September 6-11, while addresses with 100 million+ tokens rose from 34.06 to 35.16. This accumulation of at least 128 million HBAR—valued at approximately $30 million—coincides with a bullish RSI divergence pattern confirming renewed upward momentum.
The token is currently testing the upper boundary of a falling wedge pattern at $0.238. A confirmed breakout could target $0.344, representing 40% upside potential. Key resistance levels are positioned at $0.246, $0.268, and $0.304. Failure to maintain support at $0.232
WOULD weaken the current bullish thesis.
By:
|Square
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