Bullish Double Bottom Breakout: HBAR's price trend indicates a bullish breakout from a double bottom pattern, contributing to a 13% increase.
Strong Weekly Performance: HBAR has formed 8 bullish candles out of 9 in the weekly chart, showcasing strong upward momentum.
Potential Reach to $0.10: If the ongoing recovery rally continues to gain strength, HBAR's price could potentially hit the $0.10 mark.
Top Altcoin Gainer: HBAR ranks high among the top gainers in the altcoin market, reflecting a robust recovery rally.
36% Hike in 15 Days: The price of HBAR has risen significantly, marking a 36% increase over the past 15 days.
Rounding Bottom Pattern: A rounding bottom pattern with a neckline at $0.09886 indicates a bullish trend continuation.
20% Jump in Daily Chart: The daily chart shows a consistent bullish trend with a 20% jump.
Current Trading Price: HBAR is currently trading at $0.08446, with potential for a short-term retest phase.
Technical Indicators - MACD and RSI: Both the MACD and RSI indicators signal a strong uptrend and a surge in underlying demand.
Potential Retest Before Bull Run: The analysis suggests a possible retest of the $0.075 level before a continued bullish run.
Risk of Correction to $0.060: If the bullish momentum does not sustain, there's a risk of correction dropping to $0.060.
Strong Weekly Performance: HBAR has formed 8 bullish candles out of 9 in the weekly chart, showcasing strong upward momentum.
Potential Reach to $0.10: If the ongoing recovery rally continues to gain strength, HBAR's price could potentially hit the $0.10 mark.
Top Altcoin Gainer: HBAR ranks high among the top gainers in the altcoin market, reflecting a robust recovery rally.
36% Hike in 15 Days: The price of HBAR has risen significantly, marking a 36% increase over the past 15 days.
Rounding Bottom Pattern: A rounding bottom pattern with a neckline at $0.09886 indicates a bullish trend continuation.
20% Jump in Daily Chart: The daily chart shows a consistent bullish trend with a 20% jump.
Current Trading Price: HBAR is currently trading at $0.08446, with potential for a short-term retest phase.
Technical Indicators - MACD and RSI: Both the MACD and RSI indicators signal a strong uptrend and a surge in underlying demand.
Potential Retest Before Bull Run: The analysis suggests a possible retest of the $0.075 level before a continued bullish run.
Risk of Correction to $0.060: If the bullish momentum does not sustain, there's a risk of correction dropping to $0.060.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.