HBAR Poised for Breakout with Bullish Technical Indicators

Hedera (HBAR) is currently experiencing strong bullish momentum as it attempts to break past a key psychological level of $0.25. In the last 24 hours, HBAR surged from a daily low of $0.171 to $0.1839—a 7% increase—while its weekly gains have reached 17%, positioning it as a top market cap contender. Technical indicators including the Directional Movement Index (DMI) and the Ichimoku Cloud point to rising momentum, even though the Average Directional Index (ADX) remains relatively low at 16.27 compared to the threshold of 20 for a strong trend. Further reinforcing its upward trajectory, the Positive Directional Indicator (+DI) has increased significantly, reflecting increased buying pressure, while selling pressure has notably decreased. A golden cross observed on the Exponential Moving Average (EMA) lines suggests the potential for a significant short-term price move. Analysts have provided a range of forecasts where, if bullish trends continue, the price could rally further to $0.225 and even $0.258; however, failure to sustain momentum might lead to a decline toward $0.15 or $0.125. In addition to these technical signals, HBAR is expected to benefit from strategic partnerships, such as its integration with Alchemy Pay and its membership in the ERC3643 Association, aimed at advancing real-world asset tokenization.