🚀 Hedera's Double Bottom Pattern Indicates Potential Upside
#Hedera #HBAR #DoubleBottomPattern #Cryptocurrency #SupportLevel #ResistancePoint #ETFinflows #SpotDemand #InstitutionalInvestors #RetailInvestors #PricePrediction
Hedera (HBAR) is currently exhibiting a double bottom pattern, with a robust support level at $0.102. According to NS3.AI, this formation suggests a potential 31% increase if the cryptocurrency surpasses the $0.135 neckline. The 50-day EMA, positioned around $0.127, serves as a significant resistance point, having previously hindered upward movements. Concurrently, there is a noticeable rise in ETF inflows and spot demand, indicating heightened interest from both institutional and retail investors. These factors make the forthcoming price developments crucial for Hedera.#Hedera #HBAR #DoubleBottomPattern #Cryptocurrency #SupportLevel #ResistancePoint #ETFinflows #SpotDemand #InstitutionalInvestors #RetailInvestors #PricePrediction