Hedera HBAR Shows Bullish Signals as Golden Crossover Nears, Pointing to Potential Major Upswing
HBAR's recent price movement masks significant underlying momentum shifts. The Chaikin Money Flow (CMF) jumped from -0.06 to +0.16 between September 11-17, indicating accumulation by major holders. This contrasts with the Smart Money Index's cautious position, remaining below the 1.004 threshold that WOULD confirm strong short-term trader engagement.
An emerging golden crossover on the 4-hour chart adds technical confirmation, with the 100-period EMA approaching the 200-period EMA. Historical data shows such crossovers often precede substantial trend reversals, suggesting HBAR's consolidation phase may be approaching a critical turning point.