Hederaโs native token, HBAR, is catching serious investor attention this week as on-chain metrics light up ๐ฅ and technical charts point to a major bullish breakout. Could HBAR be preparing for a 45%+ surge? Letโs break it down ๐
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๐ On-Chain Metrics Flash Bullish
The fundamentals behind HBARโs rise are solid. Key indicators on the Hedera blockchain are trending upward:
โ Total Value Locked (TVL) has surged from around $151 million to $215 million, showing increased DeFi participation.
โ Stablecoin supply on the network has exploded from $40 million to nearly $151 million, approaching its all-time high of $212 million.
โ Activity from developers and dApps on Hedera has increased, boosting utility for the HBAR token.
This rapid ecosystem growth is giving strong bullish signals to the market ๐ฃ.
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๐ Technical Breakout in Motion
HBAR recently completed a double-bottom formation โ a classic bullish pattern โ with the neckline around $0.2288. Since breaking out, prices are trending above key EMAs and building momentum.
๐ Price Target: Based on the patternโs measured move, analysts are eyeing a rally to around $0.3327, representing a 45% gain from breakout levels.
๐ Indicators like the MACD, RSI, and volume also suggest a continuation of the uptrend.
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๐ Real-World Adoption & Partnerships
Beyond price charts, Hederaโs network is gaining credibility through major collaborations:
๐ค Google, IBM, LG, and Boeing are all part of Hederaโs Governing Council.
๐ฆ Central banks, including Australiaโs RBA, have tested CBDCs on Hedera.
๐ Use cases are expanding into supply chain, identity, and tokenization sectors.
These partnerships are adding strong institutional legitimacy to HBARโs long-term outlook ๐ผ.
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๐ Whatโs Next for HBAR?
With a confluence of rising TVL, bullish chart patterns, and major partnerships, HBAR appears well-positioned for a breakout.
๐ฏ Short-Term Target: $0.33
๐ฏ Mid-Term Target: $0.40 โ $0.50 if momentum continues
However, investors should watch out for volatility. A drop below support at $0.228 could invalidate the bullish setup โ
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โ ๏ธ Risk Factors to Monitor
๐ป Market-wide corrections in Bitcoin or Ethereum
๐ Regulatory setbacks in crypto-related ETFs
๐ Low volume fakeouts around breakout levels
Stay alert, use stop-losses, and always do your own research (DYOR) โ
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๐ง Final Thoughts
HBAR is riding a wave of strengthโon-chain data is booming, technicals are aligned, and real-world integration is unfolding. If momentum holds, this could be just the beginning of a major move ๐๐
Will HBAR break past $0.33? The chart says yes. The market is watching ๐ #HBAR ๐ #HederaHashgraph #CryptoNews #AltcoinSeason #BlockchainTechnology $HBAR
