So, HBAR decided to moon, then took a detour like it’s stuck in traffic on the way to your ex’s wedding. It blasted over 130% from that charming $0.13 bottom on June 22—probably feeling pretty smug—and hit a peak just above $0.30 by July 27. Classic strongman move, right? But now? Oh, it’s starting to look a little nervous. Signs of a potential bearish hangover are creeping in, as if the altcoin just remembered it left the stove on.
- HBAR skyrocketed from its double bottom of $0.13 to a glorious $0.30—because who doesn’t love a good comeback story? 🍿
- Then it hesitated, pulling back to around $0.25, instead of doing the dignified higher low dance we all hoped for. No elegance here. 🥴
- And now? A suspicious double top near $0.30 is forming—basically the crypto equivalent of “Are you sure you wanna do this?” at 2 a.m.
- If HBAR confirms this double top by tumbling below $0.23 (with volume loud enough to wake the neighbors), don’t be surprised if it backpedals all the way to $0.20 or, dare we say, $0.18. Buckle up. 🎢
Hedera was on a pretty wild ride—climbing over 130%, like a kid on a sugar rush, from the June lows. The rally was supported by rising volume and a bullish crossover that made traders think, “Hey, maybe HBAR isn’t just playing hard to get.” It smashed through the $0.23 resistance, teasing a possible move toward $0.33, only to get a little shy and retreat.
Now, while the upward trend still has some juice left, the recent pullback to $0.25 feels a lot like hitting the pause button or perhaps the ‘are we there yet?’ moment. It briefly dipped below its 20-day EMA but rallied back, showing that buyers are still clutching onto hope—and their wallets.
The trouble? That double top at $0.30 looks suspiciously like a ‘not today’ sign. Twice the price tried to break through and got pushed back, which suggests the bears are sharpening their claws. The more it rejects that level, the more it whispers “sell,” and that’s not exactly good news for bullish fans.
But hold your applause—nothing’s set in stone yet. To really call it a trend turn, HBAR would need to break down below $0.23 on volume loud enough to wake the neighborhood cats. If that happens, prep for a trip back to $0.20, or dare we say, $0.18. Stay tuned, or don’t—cryptos love their cliffhangers! ✨
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2025-08-04 10:33