HBAR’s Chart Scheming a Breakout – Will It Dance with $0.200? 💸

by

Hedera’s (HBAR) price has been lounging in the shadows of indecision, trading sideways like a cat waiting for the tea tray. After a three-week slumber, the market seems to have yawned and stretched its legs.

With a whisper of optimism, technical indicators are now fluttering like a well-tailored hat in a breeze. Could this be the prelude to a grand performance? Only time will tell, darling.

Hedera’s RSI: A Tiptoe Up the Stairs 🎭

The Relative Strength Index (RSI) is currently tiptoeing up the stairs, a delicate dance of buyer enthusiasm. After nearly three weeks of polite nods and little else, this upward shuffle suggests investors might finally be loosening their cravats.

Yet, the RSI remains shy of the 50.0 mark, still playing coy with bullish momentum. But oh, if it dares cross that threshold, it could very well kick off a ballroom of fresh capital and trading fervor. Let’s not get too carried away, though-this is still a waltz, not a full-on tango.

Craving more crypto musings? Subscribe to Editor Harsh Notariya’s Daily Newsletter here. Tea and insights served daily. 🫖

The MACD, that charming partner in the market’s quadrille, has just executed a bullish crossover. The indicator line has pirouetted above its signal line, a classic cue that bearish grumblings are fading faster than a poorly-ventilated cigar.

This crossover is the equivalent of a standing ovation in the theater of trading. If the momentum continues, HBAR might just find itself in the spotlight, basking in the glow of a risk-on audience. One can only hope the encore is as delightful as the first act.

HBAR’s Grand Entrance: A Question of Timing ⏰

Currently, HBAR’s price is performing a tightrope act between $0.178 and $0.162. To truly take the stage, it must vault above $0.178, the velvet rope to the $0.200 ballroom. Such a feat would require a 13.6% leap-no small feat, but perhaps achievable if the crowd keeps cheering.

Should the momentum fizzle, however, HBAR may retreat to $0.162 for a breather. A stumble below that could send it tumbling toward $0.154, a rather ungraceful exit for our star. Let’s hope it remembers to curtsy properly.

Read More

2025-10-26 22:09