CandleFocus Hedera (HBAR) Skyrockets 40% as Golden Cross Emerges: Details
2024-12-02
Author: Content Editor
Hedera (HBAR) has experienced a significant surge in price, rising up to 40% in the past 24 hours. This surge is driven by the formation of a golden cross, which is seen as a bullish indicator in the crypto market. Additionally, factors such as growing network adoption and positive market sentiment have contributed to HBAR's price increase. The broader cryptocurrency market has also rallied, benefiting altcoins like HBAR. Currently, HBAR is ranked 19th in terms of market capitalization and has the potential to reach higher price levels if it breaks through resistance at $0.259.
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