💥 HBAR price nears breakout as inverse head and shoulders pattern forms
HBAR price is consolidating below key resistance as an inverse head and shoulders pattern develops, signaling a potential bullish breakout if the neckline resistance is cleared with volume.
HBAR ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
We have come to the end of another day in the cryptocurrency industry. Contrary to the previous process, Bitcoin (BTC), the leading cryptocurrency that has gained value as of today, managed to rise to its ATH level of 69 thousand dollars in 2021.
Although BTC, which faced selling pressure again after this attempt, experienced some decline, it seems that it has started to recover again in recent hours.
With Bitcoin's increases, the leading altcoin Ethereum (ETH) also gained value. ETH's gains have had a positive impact on the entire market. Let's take a look at today's most increasing altcoins:
What Are Today's Highest-Earning Altcoins?
According to data from CoinMarketCap, a successful data provider, today's highest-earning altcoin among the top 500 cryptocurrencies was Pundi X New (PUNDIX). ORB has experienced a 47% increase in the last 24 hours.
Apart from PUNDIX, it managed to gain more than 25% in ATA, MPLX, CAH, WMT, ANT PENDLE and FX, respectively.
Bitcoin's rise above $70,000 in the coming days may ensure that the rises in altcoins continue. #ContentStar #HotTopicDiscussion