Hedera (HBAR) Price Aims to Reach $0.35

The HBAR price is slowly rising towards the cycle highs in the times when the markets continue to remain sluggish. Meanwhile, the bears managed to restrict the rally below $0.3 for a while, but the current breakout suggests a major upswing is imminent, indicating a new ATH could be on the way.

The HBAR price broke the falling wedge pattern in the short term and is printing constant bullish candles. The RSI is incremental, while the Ichimoku cloud has just turned bullish. Therefore, the price is believed to maintain a healthy upswing to reclaim the lost levels at $0.38, which may further push the price above $0.4 before the end of the year. With this, the Hedera price could$HBAR