HBAR Price is Going Nuts!

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So, Hedera Hashgraph (HBAR) – it’s like the kid in school who suddenly becomes popular overnight. It’s surged by 55% in the past 7 days, and now it’s trading at $0.2485 with a market cap of $10.51 billion. I mean, what’s going on here? 🤔

It’s now in the top 15 crypto assets, overtaking Shiba Inu (SHIB) and Bitcoin Cash (BCH). I guess you could say it’s the new kid on the block. 🎉

But seriously, after a strong rally last week, HBAR is trying to regain lost ground. Daily trading volume nearly doubled to $1.97 billion, which is a good sign, I suppose. 📈

Data from Coinglass shows that HBAR futures open interest is up 20.5% to $461 million. But let’s not get too excited here; we need to be cautious as the price moves forward. 😬

The Chaikin Money Flow (CMF) indicator for Hedera shows strong capital inflows into HBAR, which is a good thing, I guess. 🤑

However, with the CMF nearing the 0.20 level, it’s like, “Okay, slow down, kid.” It’s a zone often associated with overbought conditions. 🚨

Analysts are warning that the altcoin could be due for a short-term correction if momentum fades and profit-taking sets in. So, you know, don’t get too attached. 😔

Hedera CMF Indicator: Source: TradingView

Hedera’s correlation with Bitcoin (BTC) is currently sitting at 0.94, which is like, “Hey, we’re buddies!” 🤜🤛

Earlier today, Bitcoin reached a new all-time high, surpassing $121,000. I mean, what’s next? The moon? 🚀

BTC’s upward momentum is boosting the broader crypto market, including Hedera. It’s like, “Hey, we’re all in this together!” 🎉

Market analysts are still bullish about HBAR, predicting another 100-150% upside from here. I mean, that’s like, “Wow, really?” 😮

One analyst noted that Hedera has finally shown signs of a strong breakout, but it still needs to confirm the bullish count. So, you know, don’t get too excited yet. 😏

$HBAR minimum target: $0.7Finally a strong breakout, but it still has to confirm the bullish count.

Let’s see if the momentum is enough to get us above the last high.

— The Analyst (@MMatters22596) July 13, 2025

So, there you have it. HBAR is on the rise, but let’s not get too carried away here. It’s like, “Okay, kid, slow down.” 😂

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2025-07-14 15:53