Hedera recently survived a difficult month, and the price suffers from a significant descending trend. Altcoin saw significant losses, leaving investors associated with his future.
Nevertheless, a noticeable shift in the market suggests that HBAR can be ready for a rally in March 2025.
Hbar returned to the bull zone
For the first time since the end of January, the relative force (RSI) index for HBAR entered the bull zone, signaling an important shift in the mood.
This marks a significant achievement for token, since this indicates that the bull impulse is now gaining momentum. RSI suggests that the recent descending trend can be completed, and Altcoin can continue to move up as a wider market conditions improve.
The device of investors also improves, due to this change in RSI. As Hbar moves to the bull zone, he will probably attract more interest in both retail and institutional investors. This shift in the mood can help increase the price.
Bollinger bands for HBAR recently demonstrated compression, signaling the potential surge of volatility. This model often precedes significant price movements, and in this case, volatility played in favor of the restoration of Altcoin.
The candlesticks were located below the base line during compression, which historically indicates a bull breakthrough.
Due to the fact that the volatility that is now playing in HBAR is now, Token has everything possible to experience growth in the coming weeks. As the price fails from the hard range, the potential for strong upward movement increases.
Hbar can wait a lot
Over the past 24 hours, the HBAR price has increased by 16.8%, escaping from the previous descending trend. This move was pushed by Altcoin higher than the support level of 0.22 US dollars, setting the basis for a potential long -lasting trend.
The next goal for HBAR is to restore losses from mid -January to mid -February. To do this, Altcoin should have switched $ 0.27 to a strong level of support, which will continue to increase to $ 0.37.
This step will be an increase in price by 60%, which significantly benefited early investors.
However, if HBAR cannot violate $ 0.27, it may be consolidated in the range from 0.27 to 0.25 US dollars, or even from 0.25 to 0.22 US dollars.
Both of these support levels were checked earlier, and the inability to break through from $ 0.27 will lead to altcoin prospects.
