The price of Hedera (HBAR) has increased by 11% in the past 24 hours, pushing its market cap above $13 billion. Trading volume has also surged by 78% to $745 million. Technical indicators suggest that HBAR may be entering an uptrend, with its ADX rising to 13.97, indicating improving momentum. The Ichimoku Cloud chart supports this bullish outlook, showing a breakout above the cloud and upward-trending Tenkan-sen and Kijun-sen lines. If HBAR can break resistance at $0.374, it may rally to $0.40, but if it reverses, key supports are at $0.31 and $0.296. The ADX and Ichimoku Cloud indicators indicate that HBAR's uptrend is in its early stages and further price gains may be possible.



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