After months of the descending movement and a long standard period, the HEDERA price finally showed a strong upward outbreak. The world of famous analysts indicated that HBAR has broken another major emerging unification zone. According to his analysis, it can be 2x or even higher on the table here.
Let’s go more in what is happening with the HEDERA price and why the preparation looks very promising.
HEDERA is separated from a major convergence channel
One of the most important technical signs comes from the collapse over a conversational HBAR channel since December 2024. This channel has pressed the HBAR price less for several months. Now that it has been broken to the upward trend, it indicates a major transformation in the momentum.
Emphasized the world of plans The penetration is clear and strong. Strong upward candles appeared immediately after penetration, which are often a sign that momentum is on the side of the bulls. This is not just a random step. It shows a pattern historically that has led to a constant appearance in similar situations.
Other main details are that HEDERA price An important horizontal resistance has turned into support. The level was about $ 0.185 as a heavy ceiling for several months. Now that HBAR is closed over it, this area is likely to become a strong base for future gains. The world of the plans stated that this horizontal face gives more strength to the upward state.
HBAR price goals and what comes after that
Based on the graph that the World of Carts subscribes, the next logical step for HBAR is the goal of the scale move near 0.47 dollars to $ 0.50. This corresponds to the idea of a 2x rally to 2.5X from the penetration area of about $ 0.185.
Also read: This quiet signal can lead to an XRP price explosion
Immediate support is now sitting at $ 0.185. If Bulls can defend this level on any decline, this will confirm the penetration and put the way for a fixed height. The first resistance of the HBAR price appears in a $ 0.24 region to $ 0.26, which represents the previous local highlands. Once this area is wiped, the track becomes about $ 0.47 more open.
It is difficult to ignore the technical preparation about HBAR now. HEDERA has exploded from a long -term wheelchair, turned the large resistance into support, and signs of building a new direction now show. Analysts such as World of Charts are confident that an increase of 2x or even 2.5X may occur if the key levels are steadfast.
Follow us X (twitter)and Coinmarketcap and Binance Square For more daily encryption updates.
Get all our future calls by joining A free telegram group.
We recommend etoro
The community of active users and social features such as news extracts, and chats to obtain specific metal coins available for trading.
A wide range of assets: cryptocurrencies along with other investment products such as stocks and traded investment funds.
Trading copies: It allows users to copy prominent traders trading, for free.
Easy to use: ETORO web platform on the web -based etoro and the mobile application is easy to use and easy to move.
