CandleFocus

HBAR Price Forecast: Bullish Pattern Targets $0.39 This Week

Hedera Hashgraph (HBAR) is subject to market speculation as a bullish technical pattern suggests a price target of $0.39 for the week. The token's daily chart shows a symmetrical triangle formation, indicating a likely breakout. Resistance levels at $0.34 and support at $0.26 will be key. If these levels are breached, HBAR could surge to $0.39. Technical indicators, such as MACD and RSI, suggest bullish momentum. However, market sentiment and potential selling pressure at $0.35 could hinder HBAR's rally.

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