Oh my, oh me! It seems the Hedera price has gone utterly bonkers! 🤯 The current surge is not just a flash in the pan, my friends. No, no! It’s a full-blown, rip-roaring, and downright thrilling ride, supported by rising volume and higher lows. The analysts, those clever chaps, have spotted some rather bullish patterns, and if the $0.17–$0.18 support zone holds, we might just see one of the most fantastic rallies of 2025! 🎉
The Trendline Has Been Broken, and All Heck Has Broken Loose!
It’s happened, folks! The HBAR price has made a rather dramatic move, closing above both the 50-day and 100-day exponential moving averages (EMAs). This, my friends, is a clear signal that the upward pressure is back on! Trading near $0.175, HBAR is now poised to build on this momentum and reclaim territory not seen since the early days of 2024. The suspense is killing me! 😱
After months of sideways trading within a compressed range, the Hedera price breakout has finally occurred. And what a sight it is! According to those clever folks at HexaTrades, the breakout coincides with a volume uptick and a clear rejection of the $0.13 to $0.15 accumulation zone. It’s a regular fireworks display, I tell you! 🎇
The Technical Price Target: A Whopping $0.30! 🤯
That wily technical analyst, ZAYK Charts, has outlined a breakout from a descending wedge pattern that formed over several months. The wedge, extending from February 2024 to July 2025, was breached to the upside, accompanied by a strong daily candle and a noticeable volume increase. Using the wedge’s height, ZAYK Charts has projected a potential move toward $0.30, estimating a 79% increase from the breakout level around $0.17. Blimey! 😲
The pattern formed higher lows while the price compressed toward the wedge apex. This tightening structure reflected market indecision that has now resolved with upward movement. Analysts are also keeping a weather eye out for potential invalidation in the event of a drop back below the $0.17–$0.18 zone. Fingers crossed, everyone! 🤞
HexaTrades has also presented two projected paths for HBAR’s price development. One targets a gradual climb to $0.26–$0.30, while the more aggressive scenario looks toward the $0.50 range. The possibilities are endless, it seems! 🤩
These targets are contingent upon HBAR price sustaining its breakout and maintaining daily closes above the former trendline. Continued strength in volume and trend structure will be key indicators for which path may unfold. The suspense is simply killing me! 😱
HBAR Volume and Market Capitalization Expand, and How! 🚀
HBAR Price recorded a 24-hour price gain of 7%, with its value rising to $0.17. Trading volume reached $292.23 million, contributing to a market capitalization of $7.30 billion. The token now ranks 23rd among all cryptocurrencies by market cap. Not too shabby, if I do say so myself! 😊
This movement reflects organic buying pressure rather than short-term volatility, as confirmed by the even distribution of volume throughout the day. It’s a regular buying frenzy, I tell you! 🛍️
Source: BraveNewCoin
Hedera price action between July 9 and 10 formed a series of higher lows and higher highs, reinforcing bullish momentum. The intraday peak approached $0.177 before a mild pullback toward support near $0.168. This area may serve as a short-term floor if the uptrend continues. Traders are also monitoring the $0.18 resistance level for confirmation of a broader upward expansion. It’s all so terribly exciting! 😆
Key Support and Resistance Levels in Focus, Because Who Doesn’t Love a Good Challenge? 🤔
The breakout has shifted the technical outlook for HBAR price, with former resistance levels now acting as support. The $0.17 zone, previously a ceiling, has become a key level for monitoring continuation. A successful retest of this area may confirm the breakout and set the stage for a move toward the $0.20 psychological level. The plot thickens, my friends! 📚
Should HBAR Price achieve a daily close above $0.20, the next resistance range lies between $0.26 and $0.30. This zone aligns with historical levels last tested in early 2024. A break above that range would bring the more aggressive $0.50 target into view. Traders will be watching for volume confirmation and candle structure near each of these levels. It’s a regular game of cat and mouse, I tell you! 🐈
Notably, the trend remains positive as long as HBAR Price holds above the $0.17 support. A drop below that level may signal weakening structure, but for now, volume strength and chart momentum appear aligned. The analysts continue to view the setup as technically favorable as long as trendline support remains intact. Phew! 😌
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2025-07-10 23:29