Hedera (HBAR) Breaks Key Resistance, Targets $0.30 Amid Bullish Momentum

BTCC / BTCC Square / Global Cryptocurrency /

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2025-07-10 20:16:15

[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN] Hedera HBAR News -

Hedera's HBAR has surged past critical resistance levels, closing decisively above both the 50-day and 100-day exponential moving averages (EMAs). The breakout from a multi-month descending wedge pattern signals a potential rally toward the $0.30 target, representing a 79% upside from current levels around $0.175.

Strengthening the bullish case, trading volume has increased alongside higher lows, reflecting growing institutional and retail interest. Technical analysts identify the $0.17–$0.18 zone as crucial support for maintaining upward momentum. This price structure mirrors early 2024's accumulation phase, positioning HBAR for what could be its strongest performance cycle in the coming quarters.

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