HBAR is demonstrating significant recovery from June lows, forming a bullish trend and reaching key resistance levels. Current market movements indicate a positive trend.
Technical Analysis of HBAR and Double Bottom Formation
HBAR has sharply recovered from its June lows, forming a textbook double bottom and asserting a bullish structure. The price now hovers around $0.271 as traders await a breakout confirmation that could pave the way to $0.296. Technical signals and increasing volumes indicate potential upside momentum.
Support for Upward Trend through Volume
HBAR has garnered investor attention following a series of bullish confirmations and notable increases in on-chain inflows. According to Coinglass, net spot inflow recorded a value of $2.44 million on July 26th, marking one of the largest single-day inflows since March.
HBAR Outlook for 2025-2030
Despite current fluctuations, future predictions suggest HBAR could reach $0.296 or even $0.342 if favorable trends continue. Key support levels remain at $0.250 and $0.238. If HBAR can break above $0.271, it may pave the way for higher prices in the coming years.
HBAR is rebounding from June lows and showing a strong bullish structure. Future price movements depend on breaking key resistance and support levels, which may lead to further growth in 2025 and beyond.
