Hedera (HBAR)
Price Achieves
Major Milestone in Historic 700%
Rally
Hedera (HBAR) price has surged to its highest levels since 2021, showcasing
remarkable momentum in the cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта market. The coin has skyrocketed
721% over the past 30 days, outperforming most major cryptos in terms of
gains.
With a market cap now reaching $13.44 billion, HBAR has surpassed notable
projects like SUI , Uniswap, and Litecoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Litecoin. Technical indicators across
multiple timeframes suggest strong bullish momentum, though some metrics hint
at potential consolidation ahead.
HBAR Current Uptrend Is Still Strong
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HBAR Directional Movement Index (DMI) shows a very strong trend with an
Average Directional Index (ADX) reading of 72.
ADX measures trend strength regardless of direction, with values above 25
indicating a strong trend and readings above 50 suggesting an exceptionally
strong trend. At 72, HBAR ADX indicates an extremely powerful trend momentum
in the market. HBAR DMI. Source: TradingView
The Positive Directional Indicator (D+) at 42.6, despite dropping from 55,
coupled with a very low Negative Directional Indicator (D-) of 1.2, confirms
strong bullish momentum for HBAR price .
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The large spread between D+ and D- supports the continuation of the uptrend,
though the declining D+ value suggests some weakening in buying pressure.
However, as long as D+ remains significantly above D-, the bullish trend
structure remains intact.
Ichimoku Cloud Shows Hedera Price Could Be Overextended
The Ichimoku Cloud chart for Hedera shows strong bullish momentum, with price
trading well above both the base line (kijun-sen) and conversion line
(tenkan-sen).
The wide separation between these lines indicates accelerating upward
momentum, though prices may be stretching too far above the baseline. HBAR
Ichimoku Cloud. Source: TradingView
The cloud (kumo) structure is bullish with future cloud formation trending
upward, suggesting continued upward support.
However, the significant distance between the current Hedera price and the
cloud suggests the price may be overextended in the short term, potentially
setting up a retest of the baseline or cloud top as support levels during any
consolidation phase.
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HBAR Price Prediction: Can It Retreace to $0.27?
Hedera price action shows exceptional bullish momentum, rising 721% in 30 days
to reach levels unseen since 2021. The EMAs are in perfect bullish alignment,
with shorter timeframes leading above longer ones, suggesting continued upward
momentum.
A break above the $0.39 resistance level could trigger further advances toward
psychological levels at $0.45 and $0.50, representing a potential upside of
42%. HBAR Price Analysis. Source: TradingView
However, the extended rally has pushed price significantly above key EMAs and
the Ichimoku Cloud, indicating possible overextension for HBAR price .
Support levels at $0.27 and $0.19 could provide bouncing points during any
corrective moves, with $0.12 serving as critical support if selling pressure
intensifies.
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