💥 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 ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
#Cardano ADA$ADA Sees Surge in Network Activity Despite Price Dip! 🔥
While ADA's price has dropped 12%, daily active addresses have surged past 50,000, signaling strong engagement. 🚀
Key Insights:
🔹 Whale Accumulation: Over 100M ADA tokens acquired in just two days.
🔹 Plomin Hard Fork: New governance & smart contract upgrades boost network capabilities.
🔹 Current Price: #ADA trades around $0.99, following a 200% surge since November.
Despite short-term dips, ADA's future looks bright with ongoing developments and rising user activity! 📈💎
#Altcoin Season #Gate.io Reserves Surpass $10 Billion