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The post <a href="https://coinpedia.org/price-analysis/hbar-price-eyes-a-40-bull-run-with-a-new-triangle-break/">HBAR Price Eyes A 40% Bull Run With A New Triangle Break!</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
In essence of the overall market recovery, the HBAR price continues to gain bullish momentum to fuel the ongoing recovery rally. With high-speed recovery, the altcoin gives a breakout entry signal as the prices explode overnight.&nbsp; 
Moreover, with the price of Bitcoin hanging tight to the $37K mark, the altcoins are ready to skyrocket. Therefore, the possibility of an uptrend in Hedera market prices is growing significantly.&nbsp; 
<figure class="wp-block-image size-large">
 <img decoding="async" width="1024" height="463" src="https://image.coinpedia.org/wp-content/uploads/2023/11/20132753/HBARUSD_2023-11-20_12-17-24-1024x463.png" alt="" class="wp-image-246549" srcset="https://image.coinpedia.org/wp-content/uploads/2023/11/20132753/HBARUSD_2023-11-20_12-17-24-1024x463.png 1024w, https://image.coinpedia.org/wp-content/uploads/2023/11/20132753/HBARUSD_2023-11-20_12-17-24-300x136.png 300w, https://image.coinpedia.org/wp-content/uploads/2023/11/20132753/HBARUSD_2023-11-20_12-17-24-768x348.png 768w, https://image.coinpedia.org/wp-content/uploads/2023/11/20132753/HBARUSD_2023-11-20_12-17-24-1536x695.png 1536w, https://image.coinpedia.org/wp-content/uploads/2023/11/20132753/HBARUSD_2023-11-20_12-17-24-150x68.png 150w, https://image.coinpedia.org/wp-content/uploads/2023/11/20132753/HBARUSD_2023-11-20_12-17-24.png 1825w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
Source- <a href="https://www.tradingview.com/x/L6hELLq4/">TradingView</a> 
The recovery rally in HBAR price prolongs with the overall market recovery to crack multiple overhead resistances. With remarkable growth over the weeks, the altcoin price reclaims the $0.060 mark and heads to the overhead resistance trendline.&nbsp; 
Facing enormous supply at the overhead trendline, the recovery rally takes a short pullback and retraces backward steps to regain momentum. Following the breather phase with a retest of $0.057, the buyers prolong the uptrend to fracture the resistance trendline.&nbsp; 
Giving a bullish breakout of the triangle pattern, the HBAR price trend increases and finds an additional breakout rally. Currently, the altcoin prices trade at $0.064 with an intraday gain of 3.66%, reflecting strong demand in action. 
Technical indicator: 
RSI indicator: The daily RSI line maintains a sideways trend but tracks the overbought boundary closely. Thus, the momentum indicator shows a bullish trend in motion. 
EMAs: As the golden crossover occurs in the daily chart, the HBAR price is ready to gain momentum.&nbsp; 
<h2 class="wp-block-heading" id="h-will-hbar-price-rise-above-0-075">Will HBAR Price Rise Above $0.075?</h2> 
Following the triangle breakout and the golden crossover certifying a pivotal trend reversal, the HBAR price trend prolongs the dominant bull run. Moreover, the momentum increases with the overall market recovery, teasing a breakout rally to cross the $0.075 mark.&nbsp; 
Considering the buyers reclaim the $0.075 post, the high-speed recovery can cross the psychological mark of $0.10.&nbsp; 
If the buyers fail to dominate, the market price can plunge to $0.060.

HBAR Price Eyes A 40% Bull Run With A New Triangle Break!

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