The successful retest of the falling wedge pattern helps push the HBAR coin price higher and regain the bullish momentum. Therefore, the freshly starting uptrend can shortly rise above the 200-day EMA as it breaks the 50-day average and the $0.25 mark. Will the growing uptrend reach the $0.30 mark? Key technical points: The coin price surpasses the 50-day EMA. The MACD indicator avoids a bearish crossover in the daily chart. The 24-hour trading volume in the Hedera token is $157 Million, indicating a 166% rise. Past Performance of HBAR HBAR coin price trades at $0.2584 with a price jump of 16.43% in the last 24 hours resulting in the successful retest of the falling wedge pattern. The breakout of the pattern was mentioned in our previous article, and its retest brings another buying opportunity. Moreover, the rising trend breaks above the 50-day EMA and the $0.25 mark. Source-Tradingview HBAR Technical Analysis The HBAR coin price delivers a V-shaped reversal from the $0.22 level and the busted resistance trendline. Hence, the odds of the upcoming rally breaking above the $0.30 mark are significantly increasing. The Hedera coin prices break above the crucial 50-day EMAs as the other EMAs maintain a bearish alignment in the daily chart. Hence, the breakout of the 50-day average displays the possibility of a price jump to the 200-day EMA. The MACD Indicator shows a sudden reversal in the last line with a jump in the bullish hist...
