💥 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
Crypto Price Today (April 9, 2025)
Amid the escalating tariff war, crypto market has continued downtrading with ETH today taking a major hit and dipping below $1,400 for the first time since March 2023. Bitcoin (BTC), Solana (SOL) and XRP have also dropped significantly with trading near major support levels.
Just when the analysts were expecting a strong bounce and the market was recovering slightly, Trump’s bold move of imposing 104% tariff on China pulled back Bitcoin with it falling to $74,600 from the daily high above $78k.
At the time of writing, Bitcoin price is trading near $76,800 – down 2.80% – with a 24 hour trading volume of $57.83 billion.
Ethereum (ETH) is taking massive hits in an increased selling pressure with it dumping as low as $1,396 from the daily high of $1,580 – marking a drop of 13% in the past 24 hours. At the time of writing ETH price is trading near $1,445 with a trading volume of $29.4 billion.
Similarly, XRP has also dropped 8% with it now trading at $1.77 price mark. Other leading altcoins like SOL, ADA and DOGE have declined 7% in the past 24 hours.
In the top gaining list today, NEO blockchain’s GAS token is leading with a mammoth surge of 38% while NEO price surging decently to 8% in the past 24 hours. On the losing side, AB token is on top with seeing 14% decline while GRASS, BERA, NEAR and FARTCOIN have fallen nearly 12% today.
Trending Crypto Today
AERGO (Aergo)
VIDT (VIDT DAO)
FORTH (Ampleforth)
ETH (Ethereum)
GAS (Gas)
Top Crypto Gainers Today
GAS (Gas): +38%
NEO (Neo): +8%
DCR (Decred): +4%
FORM (Four): +4%
LAYER (Solayer): +4%
Top Crypto Losers Today
AB (AB): -14%
GRASS (Grass): -13%
BERA (Berachain): -13%
NEAR (Near Protocol): -12%
FARTCOIN (Fartcoin): -12%