đ HBAR Primed for 45% Explosion as Hedera Network Activity Goes Parabolic
Hedera's native token HBAR isn't just climbingâit's gearing up for a moonshot. Network metrics scream bullish as institutional adoption kicks into high gear.
### The Proof Is in the Protocol
Transaction volumes and active wallets just shattered records. When enterprise-grade blockchain starts moving, smart money followsâeven if Wall Street still can't tell a hash from a hashtag.
### Targets Locked
That 45% surge isn't hopeful speculationâit's technical reality. HBAR's chart paints a textbook breakout pattern while the broader crypto market plays catch-up.
Hedera's institutional darling status might finally pay off. Or this could be another 'revolutionary tech' that makes bankers rich and retail bagholders. Place your bets.
HBAR price technical analysis
The daily chart shows that the HBAR price also rebounded after it formed a double-bottom pattern at $0.1255. A double bottom is one of the most bullish patterns in technical analysis
Hedera price is nearing the neckline at $0.2288, its highest point on May 12. This double-top pattern has a height of about 45%.Â
HBAR price has moved above the 50-day and 100-day Exponential Moving Averages. Additionally, the Relative Strength Index and the MACD have continued to rise.
Therefore, the token will likely continue rising as bulls target the key point at $0.3327, 45% above the current level. This target is established by first measuring the depth of the double-bottom and then the same distance from the neckline.Â