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Crypto

Hedera Price Surges as Falling Wedge Points to Strong Bullish Move

Guavy AI Editorial Team
Instruments
HBAR
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Hedera's (HBAR) price is showing signs of a strong bullish move, according to Prof. Clifton's analysis.

The cryptocurrency is currently trading at $0.07967 with a 24-hour trading volume of $156.66 million and a market capitalization of $3.49 billion.

A falling wedge pattern on the daily chart suggests weakening selling pressure, which could lead to a breakout above resistance levels.

This would confirm a bullish bias and potentially send HBAR's price to $0.20.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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