Hedera's token (HBAR) is on an uptrend after breaking key resistance levels and seeing a significant increase in trading volume.
The token is approaching a crucial weekly resistance at $0.24894, and a sustained close above this level could lead to new upside targets in the $0.30–$0.36 range.
Daily momentum is supported by high liquidity, with HBAR surpassing the $0.24894 resistance level and reaching a market cap exceeding $10.47 billion.
Technical analyses suggest a breakout formation with potential medium-term targets between $0.30 and $0.38, contingent on the price maintaining above breakout levels.