💥 HBAR price nears breakout as inverse head and shoulders pattern forms
HBAR price is consolidating below key resistance as an inverse head and shoulders pattern develops, signaling a potential bullish breakout if the neckline resistance is cleared with volume.
HBAR ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
Are altcoins still hopeful? Just look at Ethereum's performance. As the public chain with the most altcoin ecosystems, if ETH continues to remain weak, then altcoins won't see much improvement either, at most just a Rebound, and it may not be significant. What can drive ETH's price to pump now? It seems that the market has a feeling of pity for its misfortune and anger towards its lack of competitiveness regarding Ethereum. #ContentStar #ETH