HBAR Breaks Through Resistance as Bulls Eye $0.10

Hedera's HBAR cryptocurrency has experienced a significant price surge of nearly 29% from its recent low, pushing it above $0.097.

This rally has also cleared a long-standing barrier at around $0.086, which had been in place for months.

To continue the recovery, buyers must now overcome the psychologically important $0.10 price level, which HBAR is within reaching distance of after hitting a high of $0.099 earlier in the day.

The increase in trading activity, with higher volumes than seen between August and early September, indicates that more buyers may be participating in the rally.

If HBAR can break through the $0.10 level, it could potentially target the $0.109-$0.11 area, which saw significant selling pressure earlier this year.