💥 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
How high can dog shitcoin rise in 2025?
Assuming the meme season returns, shitcoin is likely to retest its 2021 high and will soon achieve it.
In addition, the long-awaited $1 level for shitcoin investors is also likely to be achieved in the coming months.
But does this signal the end of the bull market for shitcoin? History shows that this is unlikely to happen, and the price of shitcoin may be much higher than many can comprehend.
Let's take a look at the past two shitcoin bull cycles. In both the 2017 and 2021 cycles, shitcoins have far exceeded the 4.236 Fibonacci extension level, surpassing previous record levels.
Now the dog shitcoin has become a nearly 500 billion dollar asset, could the return rate decrease? Yes, very likely.