Technical analysts point out that Hedera (HBAR) price has confirmed textbook breakout patterns that indicate its excellent price recovery could continue.
After months of consolidation and downtrends, Hedera has broken out and will provide a bullish outlook. Analysts are predicting the breakout target to be around $0.504.
If this target is achieved, it will be a massive 75% upside from HBAR’s current trading price of $0.279.
Source: X
It doesn’t end there with excitement. Analysts predict even more upside potential if HBAR breaks through and holds above the resistance level of $0.504.
This next target at 0.962 represents over 90% gains and adds a strong rationale for traders and investors seeking significant gains.
ETF Narrative Fails to Propel Immediate Gains
However, despite these bullish signals, Hedera’s price momentum has been quiet.
It has not lifted off for a big reason, such as Grayscale announcing their plans to file an exchange-traded fund (ETF) focused
We współpracy z: https://www.thecoinrepublic.com/2025/01/12/hedera-confirms-a-textbook-pattern-will-prices-thrive-on-the-hbar-etf-narrative/
