What's up, folks! Check out this serious thing I've got for you, 🤑 It seems that Hedera (HBAR), that crypto many had on their radar, is on fire! 🔥
It turns out that the HBAR token surged by 10% in the last week, just as you hear it! 🤯 And it's no small feat, it reached a 30-day high of 0.179 dollars! Can you imagine? This is sending a clear signal that the bullish momentum, as those who know say, is in full swing!
But it doesn't stop there, not at all! The trading volume of HBAR, that is, how many people are buying and selling, skyrocketed almost 100%! 📈 It reached a 60-day high of 373 million dollars. What a figure! When the price and volume go up together, my dear friends, that means there are a lot of people putting in money and that things are serious. It's not a simple 'false positive', no sir! Buyers are all in, driving the market as if there’s no tomorrow.
And as if that weren't enough, those betting that the price will go up, that is, long positions, are taking the lead! The 'long/short ratio' of HBAR, which is like the thermometer for future bets, is at a 30-day high of 1.13! This means there are more people expecting the price of HBAR to keep rising than people betting it will fall. Pure faith in the token! 🙏
Moreover, the 'Chaikin Money Flow' (CMF), which is like a detector of where the money is moving, is positive and rising! This tells us that people are confidently putting in cash into HBAR, expecting to gain more profits. If things keep going this way, the price of HBAR could hit the barrier of 0.189 dollars, and if it breaks through, who knows, it might go up to 0.206 dollars! That would be huge! 🚀
Of course, we always have to stay alert, because in this crypto world, everything can change in an instant. If people start selling, the price could drop to 0.165 dollars. So, let's stay tuned, my people, but for now, HBAR is unstoppable!$HBAR
