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Hedera Price Prediction: Breakout Confirms 20 Percent Upside Potential for HBAR

  • HBAR has shown a breakout from a descending channel, signaling a potential trend reversal with a target price range of $0.18 to $0.20.
  • Key resistance levels are identified at $0.17728 and $0.20900, with a higher low formation confirming buyer strength.
  • Technical analyst Narendra Pratap Singh suggests a viable entry zone, emphasizing the importance of sustained momentum for reaching the target range.
  • Market data and analyst outlook support the bullish case, with indicators showing strengthening momentum and potential challenges at $0.18 and $0.20 resistance levels.

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