Analysts reveal surprising HBAR price estimation while defending the HELA key support level
Hedera (HBAR) returned to the traders’ radars after some eye -catching technical signals began to appear in different time periods. Analysts, especially after leaping from a large support zone of Hbar Price, began to summarize both short and long -term forecasts. In particular, two traders, Steph Crypto and Altcryptotalk shared some interesting meanings where Hbar could go to the next place.
The best analyst Steph released a graph showing that Hbar could follow a Elliott wave structure. According to the installation, the coin may be sitting in the 2nd Wave of the five wave cycle, which often indicates that a strong upward movement can be the next step. If this plays, the Wave 3 can push the price for $ 2.75 and a possible last wave is a higher purpose of around $ 4.67.
The main level of support that supports this installation is around $ 0.12557, an area where the price of HBAR has returned before and finds demand. The graph is also increased to $ 0.50, $ 1.17 and $ 2.75, while maping the key resistance points using Fibonacci levels. Currently, the price action is squeezed to things that look like a decreasing triangle, which usually leads to a break when the volume rises.
Tweet himself was short and sweet: “My price is my price! As a result, as the next movement progresses, it is a kind of installation that obtains more traders to keep an eye on Hbar.
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HELA PRICE GRAPP OF DISCOUNT RESPONSE RESPONSE
Meanwhile, another graphic shared by the leading analyst Altcryptotalk focuses on the daily time period. The Hbar Price is traded down on a parallel channel and creates lower and lower ligaments throughout the year. However, the marker recently splashed from a well -defined request zone between $ 0.11 and $ 0.15, which has previously served as a launch ramp in late 2023.
The tweet that accompanies the analysis writes as follows: “#Hbar finally rejected the demand zone and a tour number of $ 0.15. As long as the demand zone was kept, one direction rose from here.” The current movement shows that the demand zone remains strong and supports the potential tendency reversal installations.
HELAA PRICE BREAKING REGIONS AND LARGEST RESISTANCE
Hbar is now testing the upper resistance of the channel, marked with red trend lines. With increasing volume, a break above $ 0.17- 0.18 may indicate the end of the current decrease trend. The next resistance levels will be about 0.22 dollars $ 0.28 if the rise for the price of the hedera continues.
While the weekly graphic indicates a long -term price expansion, the daily structure must be ruptured and continuing and confirmation of power. The demand zone of $ 0.15 is at the center of this installation. If it is kept and the Price eliminates fire resistance, the appearance may pass in favor of the bulls.
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