๐ $HBAR returns with double the strength!
After a wave of strong liquidations, Hedera (HBAR) rebounded with momentum and practically regained levels from before the crash, reaching around 0.2075 USDC today (+6.44% in 24h).
๐ฅ New growth catalyst: the debut of the HBAR ETF!
The HBAR spot ETF has just debuted, attracting significant interest from institutional investors. This is the first product that actually holds HBAR in reserves โ a huge step towards the adoption of the Hedera network by traditional capital.
๐ Technical analysis
โข The price broke through moving averages and is approaching the upper Bollinger band, suggesting further growth potential.
โข RSI shows increasing trend strength, and volume has surged โ buyers are clearly coming back into play.
โข Maintaining a level above 0.20 USDC could open the path to further resistance around 0.24โ0.25 USDC.
๐ Summary
HBAR shows that it has the strength not only to recover but also to attract new capital. The ETF debut could be the beginning of a larger upward trend.
๐ Don't miss this move โ HBAR looks bullish again! ๐