Hedera (HBAR) surges 11% amid golden cross formation, further gains possible

In the last 24 hours, HBAR’s price rose by 11%, pushing its market capitalization past 13 billion USD. Trading volume saw a significant increase of 78%, reaching 745 million USD, indicating strong market interest.

Technical indicators suggest an upward trend, with a breakout above 0.374 USD potentially pushing HBAR to around 0.40 USD, representing a 14% increase. However, if the momentum shifts, key support levels at 0.31 USD and 0.296 USD would be tested.

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