Hedera (HBARUSD) Price May Continue Its Rising Pattern

Hedera (HBARUSD) Price Forecast: July 15

HBARUSD buyers are more active. The coin price is trending up and may continue its rising pattern as it faces high pressure from the bulls. The crypto displays a robust upward trajectory, buoyed by broader market recoveries. Therefore, if buyers can put more effort into their market tension, the trend may shift upward to retest the $0.373 peak value and extend to a $0.401 upper high value, resulting in a potential gain for coin holders.

Key Levels:
Resistance Levels: $0.258, $0.259, $0.260
Support Levels: $0.145, $0.135, $0.125

HBAR (USD) Long-term Trend: Bullish (Daily Chart)

On the higher time frames, the Hedera price is trending up and may continue its rising pattern due to the significant impact of buy investors.
The coin prices are trending above the supply level, suggesting a bullish trend. The bulls’ high order flow in the last session has contributed to this bullishness.

Today’s daily chart shows a broader recovery as the bulls are determined to drive the coin price towards the upper range.

The HBARUSD price surged to a $0.250 supply level above the EMA-50, approaching the upper high level, creating excitement at the press time.

As a result, staying above the EMA-50 indicates a high likelihood of a bullish correction. Thus, a robust breakout above the $0.373 previous resistance level would amplify the bullish pressure.

Notably, the market price of Hedera is pointing up on the daily stochastic, implying that the bulls may continue trending up.

Hence, the expected upside in the coin price could be high at $0.401 value soon in its long-term outlook.

HBAR (USD) Medium-term Trend: Bullish (4H Chart)

The Hedera price is rising, and this may continue as the market displays a bullish momentum on the medium-term outlook. The coin is trending above the moving average, indicating an uptrend.
In the last action, the sustained bullish pressure led the coin to reach a high of $0.197 and enabled the crypto price to remain above the supply levels in its recent high.

As the 4-hourly chart resumes today, the HBARUSD continues its rising pattern to the resistance level of $0.250 above the EMA-50.

However, the buy traders are not relenting and continue to aim for a further upward trend to a significant level in the upper region

Additionally, the bullish correction at the mentioned resistance level indicates the bulls’ plan to move the price of Hedera to a high level.

Therefore, from a medium-term viewpoint, the possible bullish rally might reach the $0.401 supply value in the next days if buyers pick up more strength and close the hourly chart above the $0.250 resistance level.

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