Hedera prevé un repunte del 22%, pero ¿la presión bajista empujará a la baja al HBAR?
- Exchanges have witnessed an outflow of HBAR worth $13.9 million.
- The long/short ratio of HBAR stood at 0.89, indicating bearish sentiment among traders.
The overall sentiment in the cryptocurrency market seems to be recovering impressively. Amidst this, Hedera [HBAR] also seems poised for a 22% gain.
At press time, the price of HBAR had risen by more than 8%, attracting significant attention from traders and investors.
HBAR outflows of $14 million
Spot Inflow/Outflow data from on-chain analytics firm Coinglass revealed that exchanges have witnessed a massive outflow of HBAR worth $13.9 million over the past 24 hours.
This indicated a strong bullish sentiment among long-term holders, who seemed to be betting on the asset.
The outflow indicated a possible accumulation by long-term holders moving assets from exchanges to their wallets. It also signaled possible buying pressure and significant bullish momentum.
Bearish outlook from intraday traders
On the other hand, traders seemed to be betting on the short side. HBAR’s long/short ratio was 0.89 at press time, indicating bearish sentiment among traders.
However, the data revealed that 53% of top traders held short positions, while 47.2% held long positions. Thus, it seems that investors were optimistic, while traders appeared slightly bearish.
HBAR Price Prediction and Current Momentum
At the time of writing, HBAR was trading near $0.364, having gained over 8.50% over the past 24 hours. Strong interest from traders and investors has led to a 60% increase in its trading volume over this period.
HBAR witnessed this impressive participation after successfully retesting the breakout of a bullish symmetrical triangle price action pattern.
Read Hedera [HBAR] Price Prediction 2025-2026
The altcoin was facing mild resistance near $0.378 on the daily chart but it also formed a large green candle and a bullish engulfing pattern, indicating strong bullish momentum for continued upside potential.
Based on the historical price momentum, if HBAR breaks above the resistance and closes a daily candle above the $0.378 level, there is a strong possibility of a 22% rally to reach its all-time high of $0.465 in the near future.
This is an automatic translation of our English version.