HBAR’s Wild Ride: 50% Jump or Just a Bull’s Pipe Dream?

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Well, slap my knee and call me surprised! Hedera (HBAR) has decided to wake up from its nap, inching up a whole 1% in the last 24 hours. Oh, the thrill of it all! Over the past week, it’s climbed 11.3%, which is about as exciting as watching paint dry-but hey, it’s something.

Now, don’t get your hopes up too high, because the monthly and quarterly performance is still about as cheerful as a tax audit. But, bless its little heart, recent price antics hint at a bullish temper tantrum. Could Hedera be gearing up for a breakout? Charts, momentum doodads, and investor shenanigans suggest that the pullback from February 14 to 15 might just be the warm-up act for a grand ol’ breakout spectacle.

Bull Flag Waves Its Colors-Pullback or Just a Nap?

Seems like HBAR’s been doodling a bullish flag-and-pole pattern on its 12-hour chart. For those not fluent in Wall Street hieroglyphics, that’s when the price shoots up like a rocket (the pole), then takes a little siesta (the flag) before deciding if it wants to keep soaring or crash and burn. In this case, HBAR shot up nearly 50% between Feb. 6 and Feb. 14, then took a 9% nap. How quaint.

But fear not! This little snooze stayed snug inside the flag, which is apparently crucial for keeping the bullish party alive. Instead of tumbling into the abyss, it steadied itself and started humming a consolidation tune. Now it’s hovering near $0.101, cozying up to the flag’s upper edge like it’s got a date with destiny.

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This spot’s the breakout trigger, they say. If it hops over this line, the next leg of the rally might just kick in. But hold your horses-a pretty pattern doesn’t mean squat without momentum and investor enthusiasm to back it up.

Bullish Divergence and Dip Buyers: The Market’s Comedy Duo

Ah, momentum indicators-the crystal balls of the crypto world. They’re whispering that selling pressure took a vacation during the pullback. The Relative Strength Index (RSI), that fancy gadget measuring buying and selling strength, threw a bullish divergence party. Between Jan. 25 and Feb. 15, while HBAR’s price hit a new low, the RSI said, “Not so fast!” and hit a higher low. Translation? Sellers were throwing in the towel while buyers were quietly taking the reins.

This little dance happened right as HBAR kissed the $0.098 support level, proving buyers were ready to catch it like a bride’s bouquet. Exchange flow data-the snoopy cousin of market analysis-backs this up. On Feb. 15, HBAR saw $2.49 million in outflows, the biggest exodus in over a week. Investors were apparently hoarding HBAR like it was the last jar of pickles at a picnic.

This suggests folks were buying the dip instead of panicking, keeping the price steady and the breakout dream alive. With momentum and accumulation in cahoots, the only question left is whether investors will keep the faith near resistance.

Smart Money Stays Put-Could a 50% Rally Be on the Horizon?

Other indicators are chiming in like a choir at a revival. The Bull Bear Power indicator-yes, that’s a real thing-stayed positive during the pullback, proving buyers were still calling the shots. And the Smart Money Index? It’s still above its signal line, meaning the big fish are still swimming in these waters.

This support is crucial as we approach breakout levels. The magic number now is $0.101. If HBAR leaps over this with gusto, the bull flag could unfurl and send HBAR soaring toward $0.150-a whopping 50% rally. But let’s not get ahead of ourselves; there are resistance levels at $0.120 and $0.133 to tackle first.

Of course, there’s always a chance this could all go south. If HBAR dips below $0.086, the bull flag turns into a sad little kite, and the breakout dream fizzles out.

For now, it looks like Hedera’s just catching its breath, not throwing in the towel. The price, momentum, and investor antics all point to a breakout attempt still in the cards. The next move above resistance will tell us whether HBAR’s ready for its 50% encore or if it’s just another false alarm.

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2026-02-17 16:21