I believe the chart doesn't lie, but in this case, analyze the volume; there is always a drop in purchases and sales at the end of the week. Therefore, I believe we should proceed with caution...

The altcoin is on the rise, expanding its seven-day gains to 21.7%. This rally comes with signs of increasing momentum, such as a rising BBTrend and an RSI that has entered the overbought zone.

The price is approaching a crucial resistance zone, backed by an optimistic alignment of the EMAs, indicating that the upward trend may have room to continue.

BBTrend of Hedera is rising – what does this mean?

The indicator surged to 6.83, registering a sharp increase from 1.5 two days ago. This jump indicates a considerable growth in volatility and price action momentum.