💥 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
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Bitcoin (BTC), according to TradingView, started Thursday with a slight increase. As of 07:28 (MSK), the cryptocurrency is trading at $102 311. The minimum for Bitcoin in the last 24 hours was $100 836, and the maximum was $105 297.
The second largest cryptocurrency by market capitalization, Ethereum, also started the day with gains. As of the time of writing this review, the coin is trading at $3 475.
In the top 10 cryptocurrencies by market capitalization, the best performance over 24 hours is (+3.28%) and over a week is (+5.28%) for XRP. The largest losses over 24 hours are for Bitcoin at (-1.03%), and over seven days for Solana at (-4.70%).
In the top 100 cryptocurrencies by market capitalization, the best result over the past day was recorded by Zcash (+11.39%), and over the week — by Filecoin (+59.63%). Over the last 24 hours, Aerodrome Finance (saw the largest price drop at -12.64%). The largest losses over the week were recorded by Dash (-32.31%).
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