Listen to this! What happens when the crypto whales (those with the big bucks) decide to put nearly $190 million into a single coin in just one week? 🤯 That's exactly what's happening with Hedera (HBAR), and it's not a "whim", it's a technical signal that could unleash a double-digit rise.
Well, HBAR is hovering around $0.225. It held up well during the "Black September" of cryptos (a rare thing!) and now, with the famous "Uptober" (bullish October) just around the corner, everything is aligning for a possible boom.
Here’s the analysis, level "we're buddies":
1. The Giant Capital Injection (The Whales on Attack 🐋)
This is the most important thing. From late September until now, the largest wallets (those with more than 10 million or 100 million HBAR) added at least 828 million HBAR tokens.
Translated to current currency, we are talking about a minimum injection of $186.3 million dollars. 💰
Why is it brutal? Because whales do not buy by chance. This massive accumulation indicates that big players are positioning themselves. They are sensing the opportunity and do not want to miss out on the next move. It's like the CEO of a company buying shares of their own company; it is a brutal sign of confidence.
2. The Technical Announcement: The Short-Term "Golden Cross" 🌟
In technical analysis, there is something called the Golden Cross, which is a classic signal that the trend is going to change from bearish to bullish.
What we are seeing on the 4-hour chart of HBAR is that the Exponential Moving Average (EMA) of the short term (the 20-period one) is about to cross above the long-term EMA (the 100-period one). 📈
In simple English: The recent buying momentum is surpassing and pushing the long-term price average. It is an indicator of imminent strength. Although this does not guarantee a mega trend for a year, it does confirm the bullish momentum in the short term that we see from the whales' buying. Everything fits.
3. The Clear Goal: A 12% Bounce 🚀
HBAR has been moving within an "upward channel" (imagine a hallway sloping upwards). Right now, the price has significant resistance (a barrier) between $0.230 and $0.237.
If with all this whale strength and the golden cross, HBAR breaks that resistance, the next obvious target, the ceiling of that channel, is at $0.257.
That jump, from the current levels to $0.257, is a 12% bounce. It is a strong and defined movement. Watch out! There are also key support levels (floors) at $0.222 and $0.219 that must hold for the party not to end.
Real Impact: If HBAR manages this bounce, it not only provides profits to holders and traders but also confirms that the Hedera project remains an attraction for institutional capital and has the strength to ignore the general market fear. For the crypto ecosystem, it is a signal that smart money continues to flow into solid projects.
The scenario is set: whales buying like crazy + strength signal on the chart = potential upward movement in sight. The only question is whether HBAR will have the strength to break that barrier of $0.237.
Do you think this injection of more than $186 million is enough for HBAR to break the ceiling and give us that 12%, or do you think the price will stop before reaching $0.257? $HBAR