HEDERA (HBAR) has recently seen a month full of challenges, with a price of a significant drop. Altcoin has witnessed great losses, leaving investors interested in its future.
However, a marked transformation in the market indicates that HBAR may be ready to attend a reflection in March 2025.
HBAR returned to the upscale area
For the first time since late January, the RSI has entered HBAR to the upper region, indicating an important shift in feelings.
This represents a great achievement of the distinctive symbol, because it indicates that the bullish momentum is now gaining strength. RSI suggests that the last downward trend may end, and Altcoin may continue to move up with the improvement of the wider market conditions.
The feelings of investors are also improving, driven by this change in the relative strength index. With HBAR moved to the upscale area, it is possible to attract more attention from both investors from retail and institutions. This feeling in feeling can help increase the price.
The Bollinger teams recently offered a pressure, indicating a possible rise in volatility. Often this style is preceded by large price movements, in which case, playing the fluctuation in favor of altcoin recovery.
The candlesticks were placed under the foundation line during the pressure, which historically indicates an upward outbreak.
With fluctuations now playing for HBAR, the distinctive symbol is in a good position to experience a height in the coming weeks. With the outbreak of the narrow range, a strong escalating movement increases.
Hbar has a lot to look forward to
The HBAR price is currently 16.8 % over the past 24 hours, after it has exploded from the previous lower direction. The move prompted Altcoin higher than the support level of $ 0.22, which paves the stage for the continuation of the upward trend.
The next goal for HBAR is to restore losses from mid -January to mid -February. To do this, Altcoin will need a heart of $ 0.27 to a strong support level, which will allow her to continue to rise about $ 0.37.
This step represents a 60 % increase in price, and benefits greatly from the first investors.
However, if HBAR fails to breach $ 0.27, he may find himself united within a scope of $ 0.27 to $ 0.25, or even between $ 0.25 and $ 0.22.
Each of these support levels has been tested before, and the failure to exceed $ 0.27 would nullify the ups of Altcoin.
Disintegration
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