HBAR just erupted – here is the reason that HEDERA may lead the next encryption gathering

Over the past few weeks, HBAR PRICE has been building quietly – and now signs of a real break. The long -term landline line, which was drawn from above to a height of about $ 0.40, has been tested again, this time, the HBAR price appears to pay.

according to Jesse Olson encryption analystThe “suspended purchase signal” was monitored on the Hbar Daily chart, indicating that traders are at maximum alert.

This possible reflection of this trend is supported by multiple technical indicators. The equivalent SAR, which helps to determine the direction of the movement of assets, ascending. Green points now appear under daily candles, the signal momentum can turn in favor of bulls.

At the time of writing this report, the HEDERA price is sitting near $ 0.176 – about the trend line. It can confirm a strong closure over it, with support, outbreak.

Outlook Hedra Price Outlook: Technical Goals and Support

If this penetration is the real deal, Jesse Olson’s comment appears to be a “set goals that are set” perfectly compatible with the main visual resistance areas on the scheme. The first region ranges between $ 0.20 and $ 0.22, slightly higher than the penetration point – a typical place to stop or monotheism.

From there, the following resistance area is between $ 0.24 and $ 0.25, which is lined with a previous trading scope of March. Finally, if Momntum continues forward, the HBAR price can reconsider the 0.28 – 0.30 dollar – a level that has not been unparalleled since February.

Related article: Hedra Beats XRP in the main scale with a high price of HBAR

Of course, every bullish step needs a safety net. In this case, the main support is about $ 0.16. If the HEDERA price decreases below the trend line and closes less than $ 0.165 – 0.160 dollars, the penetration is likely to be null and void, and the original can slide again to its previous range.

All eyes are now in the next daily closure. If the price continues and is paid up, the “suspended purchase” may become a complete signal-it is possible that you will start with a much larger HBAR gathering.

Why may HBAR be a prominent place in this encryption cycle

While the charts can show us the price story, the basics behind HBAR and the HEDERA network are equally impressive. Published by another encryption suspension, CryptoxmanHBAR called one of the upper symbols to see this course. He has a point.

HBAR is not only fast-it’s fast. Hedra’s Hashgraph technology allows the network to process more than 10,000 transactions per second. Better, these transactions cost a hundred fractures. This speed and the ability to afford costs make HEDERA ideal for both large -scale institutions and ordinary users.

Also read: ONYXCOIN (XCN) to $ 1 in 2025? Here is what should happen

But it is not only about performance – it is related to confidence. HEDERA is subject to a huge international companies council, including Google, IBM, Dell and Boeing. These are not just names on the website. These active participants who help form the future of the network and build real world applications in addition.

When talking about applications, HEDERA already proves its value behind encryption speculation. It is used to track global supply chains and manage digital identity. For example, Avey Dennison, the global packaging giant, uses Hedra to track the movement of the product in actual time. These are not “perhaps one day” use – it is happening now.

Finally, the HEDERA ecological system grows quickly. A wave of applications, tools and smart contracts is built on the network. With adoption, the need for HBAR codes – both for transactions and tricks. This increasing demand can be a major driver to increase the following prices.

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