HBAR Breaks Above $0.10 as Next Resistance Zone Emerge
The price of HBAR, the native token of the Hedera Hashgraph network, has broken above the $0.10 mark after months of weakness.
This move has shifted market attention to the next resistance at $0.13, as buyers evaluate whether a sustained recovery is underway.
According to analyst Crypto King, HBAR's breach above $0.10 signals a potential shift in market structure, which could enhance sentiment among traders monitoring the asset's next steps.
The token has been consolidating around $0.063 for some time and broke through psychological resistance at $0.10, marking a critical area buyers will continue to track as long as the breakout holds.
Historically, the $0.063 level has served as a significant support zone, representing the area where HBAR previously consolidated before its latest rally.