Could HBARโ€™s Weekly Rebound Trigger a 40% Rally? Three Key Factors Say Yes

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Hedera (HBAR) has been showing bullish momentum in recent days, with analysts pointing to the possibility of a significant breakout. At the time of writing, HBAR was trading around $0.236, up 10.6% over the past week. While still down 3.7% over the past month, its three-month gains of over 53% highlight a firmly positive trend.

Whales accumulate, RSI confirms strength One of the strongest signals comes from large HBAR holders. Between September 6 and 11:

๐Ÿ”น The number of addresses holding more than 10 million HBAR increased from 117.76 to 119.54, adding at least 18 million tokens

๐Ÿ”น The number of addresses with 100 million or more HBAR rose from 34.06 to 35.16 โ€“ an increase of at least 110 million tokens

๐Ÿ”น In total, whales accumulated more than 128 million HBAR, worth over $30 million This accumulation coincided with a key reversal in the Relative Strength Index (RSI). Since July, RSI had been making lower lows while HBARโ€™s price made higher lows โ€“ a hidden bullish divergence. This pattern confirmed in early September, as RSI turned upward and whales began significantly increasing their holdings.

As a result, HBAR moved toward the upper boundary of a falling wedge, a chart pattern that often resolves with a strong breakout.

Chart points to a potential 40% move The falling wedge now in focus suggests that a breakout could push the price up to $0.344, representing nearly a 40% gain from current levels. For this bullish scenario to hold, HBAR must clear several key levels step by step:

๐Ÿ”น $0.238 โ€“ first confirmation of a breakout

๐Ÿ”น $0.246 โ€“ first major resistance

๐Ÿ”น $0.268 and $0.304 โ€“ swing high levels, a breakout above them would open the door to the full measured move

On the downside, if HBAR falls below $0.232, the bullish structure would weaken. A deeper drop under $0.210 would invalidate the wedge entirely, shifting the outlook back to caution.

Summary Backed by whale accumulation and confirmation of hidden bullish divergence, HBAR is positioned on the edge of a potential breakout. If the token can sustain momentum and break through resistance levels, it could climb another 40% in the coming weeks. Traders are watching closely to see if the bullish setup holds and paves the way toward $0.344.

#hbar , #hedera , #crypto , #Altcoin , #CryptoAnalysis

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HBAR3.98%
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