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Hedera HBAR Holds Critical $0.24 Support as Historic Accumulation Pattern Emerges
Hedera HBAR Holds Critical $0.24 Support as Historic Accumulation Pattern Emerges
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[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN]
Hedera HBAR News - Hedera (HBAR) is currently consolidating between $0.03 and $0.10, mirroring its 2020-2021 accumulation pattern that preceded a massive 50x surge. The token maintains crucial support at $0.24 with resistance overhead at $0.244, while analysts anticipate a potential dip to $0.223 before targeting the $0.28-$0.30 range. Current market data shows HBAR trading at $0.24 with a $10.22 billion market capitalization, recording 0.38% gains alongside $170.1 million in daily trading volume. The 2024 chart structure strongly resembles the historic base-building phase that launched its previous parabolic rally, indicating renewed upside potential if macroeconomic conditions align favorably.
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