Hedera (HBAR) Surges 6% as Technical Indicators Signal Bullish Momentum

Hedera (HBAR) has shown signs of strength across multiple technical indicators, with a 6% increase in the last 24 hours. The Directional Movement Index (DMI) indicates that buyers are starting to take control, with the ADX rising to 16.27 from 13.54 two days ago. The ADX measures the strength of a trend, and while it is still under 20, the recent increase suggests a potential shift in momentum. The +DI is currently at 22.6, up from 14.19 two days ago, indicating increased buying pressure. Meanwhile, the -DI has dropped to 13.24 from 17.54 yesterday, signaling weakening selling pressure. These movements suggest that bulls are starting to take control, and if the ADX continues to rise above 20, it could confirm a strengthening uptrend for HBAR.

Hedera’s Ichimoku Cloud chart is currently flashing strong bullish signals. The price action is well above the Kumo (cloud), indicating clear upward momentum. The cloud has transitioned from red to green, signaling a shift in sentiment from bearish to bullish. This transition often suggests that the current trend could sustain if no significant reversal emerges. The Tenkan-sen (blue line) is positioned above the Kijun-sen (red line), reinforcing a short-term bullish bias. Additionally, the future cloud is sloping upward, hinting at continued strength ahead. The Chikou Span (green lagging line) is also above the price candles and cloud, further confirming the alignment of all Ichimoku elements in favor of the bulls. Unless the price breaks down below the Tenkan-sen or the cloud itself, the outlook remains positive.

Hedera’s EMA lines are showing signs of convergence, indicating that a golden cross could form soon—a classic bullish signal. If that happens, HBAR could break the resistance at $0.178, and if the uptrend continues, it may climb to test $0.20. Should bullish momentum fully return, Hedera price could rise toward $0.258, marking its first move above $0.25 since early March. On the downside, if HBAR fails to build momentum, it could retest support at $0.153. A break below that level would weaken the structure and open the door to further losses, with $0.124 as the next major support.

In summary, Hedera (HBAR) is showing renewed signs of strength across multiple technical indicators. The DMI suggests that buyers are starting to take control, while the Ichimoku Cloud indicates clear upward momentum. A potential golden cross on the EMA lines could further fuel the uptrend, opening the door for a breakout above $0.178 and possibly even $0.20. With sentiment improving and resistance levels in sight, HBAR is positioning itself for a key move after weeks of consolidation. However, if HBAR fails to build momentum, it could retest support at $0.153, with $0.124 as the next major support.