The price of Hereda Hashagraph (HBAR) has been showing indecisive movement, with alternating green and red candles and trading between $0.051 and $0.054. Technical indicators suggest that further downside risk may be present if current support levels are broken. However, there is positive sentiment from analysts who believe a breakout above $0.0559 could signal a bullish reversal. Key resistance levels to watch for are around $0.07 and $0.10. Technical analysis using Fibonacci retracement levels identifies crucial support at $0.0687 and major resistance at $0.15. Some analysts predict significant upside potential for HBAR, with price targets ranging from $1.24 to $3.27. One analyst even suggests that HBAR could see a 30x increase similar to ADA in the previous market cycle.
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