In the midst of the continuous declining market morale, HBAR, the original distinguished symbol of HEDERA, is preparing for an impressive gathering as it was broken from the upper price movement. On February 28, 2025, after the opening bell of the United States market, most assets began to suffer from a price recovery.
Hbar rise up to collapse
HBAR has seen 7.5 % family momentum, and at these prices, the original reached a decisive resistance level of $ 0.20 and is preparing for penetration. Currently, HBAR is trading near $ 0.21 and gained more than 6.5 % in the past 24 hours.
During the same period, its upper momentum prompted an increase in the participation of traders and investors, which led to a 70 % jump in the trading volume.
Technical analysis HBAR and the next level
According to expert technical analysis, HBAR appears bullish as it erupted from the updated bullish price movement that was formed on the time frame for four hours. Based on the momentum of the historical price, if Altcoin closes a four -hour candle above the level of $ 0.21, there is a strong possibility that can rise by 20 % to reach $ 0.25 in the coming days.
The biological measures on the chain
After penetration, the feelings appear to be turning towards the positive side. Traders are betting on the difficult side, while investors accumulate symbols, as stated by the Analysis Company on the series Coinglass.
The immediate flow/external flow data reveals that exchanges have witnessed an external flow of $ 2.50 million from HBAR within the past 24 hours, indicating a possible accumulation, which may push the purchase pressure and gather prepared alongside the upward trend.
In addition to the upcoming expectations of investors and long -term holders, it appears that traders inside the day increase their bets on the upper side, as the bulls have now controlled the assets.
At the time of the press, merchants are excessive on the long side at $ 0.1999, where they built long jobs worth $ 3.10 million. Meanwhile, $ 2.18 is another level of the record as merchants betting on the short side built $ 1.34 million in short jobs.
By combining these standards on the series and technical analysis, the bulls seem to control, and HBAR may rise soon.
