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You Won’t Believe How HBAR Is Shocking the Market with a 15% Price Surge!

BBG News

Well, well, well, look who’s back! Hedera (HBAR) is making a comeback like your favorite 90s boy band—except this time, it’s in the crypto market. After taking a little nap, this altcoin has been rising faster than your blood pressure after that third cup of coffee. In the past six weeks, HBAR’s price has been climbing like it’s on a mission to show all the naysayers it’s got the goods.

And guess what? HBAR just hit a two-month high, so now the market’s feeling all warm and fuzzy about this coin, hoping it’ll keep soaring. Fingers crossed, everyone.

Traders Are Practically Throwing Money at HBAR

The funding rate for HBAR just reached a five-month high. Yes, you read that right—a five-month high. Traders are acting like HBAR’s price is the hottest thing since sliced bread, which means long contracts are all the rage. Short contracts? Oh, they’re just quietly sipping iced tea in the corner.

This surge in long contracts is basically a neon sign that traders are betting the farm (okay, not really, but you get the vibe) on HBAR’s future. In other words, confidence is high, and no one’s leaving the party anytime soon.

Now, let’s talk tech. HBAR’s Chaikin Money Flow (CMF) is spiking harder than a toddler on a sugar rush, reaching its highest level since December 2024. Translation: People are buying HBAR like it’s the last bottle of hand sanitizer on Black Friday.

With this CMF uptick, it’s pretty clear that HBAR’s rally has some serious legs. There’s actual money flowing into this asset, and as more cash pours in, the whole thing just keeps climbing. What a time to be alive.

HBAR’s Price Is Playing Hard to Get

So, HBAR’s price might’ve had a 24% surge earlier this week (nice), but today it’s taking a little breather with a 6% dip. It’s currently hanging around $0.204, which is above the all-important $0.200 support level. But there’s a catch—it’s facing some serious resistance at $0.222. Like, really? Just let it go already, $0.222. If HBAR can break through this level, it could totally crush its way to higher gains. Go big or go home, right?

If HBAR flips $0.222 into support, it could hit $0.250 like it’s no big deal. This would solidify its gains and keep the recovery train chugging along.

But, of course, if it fails? We’re talking about potential disappointment, like that time you tried a new TikTok dance and forgot all the moves. A drop below $0.200 could send HBAR back to $0.182, and suddenly, all those rosy predictions about bullish strength would be on life support.

Let’s hope HBAR keeps this party going. If not, let’s just all agree to blame the crypto market for its mood swings. Classic.

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2025-05-11 13:38

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