HBAR Set for 493% Surge After Bullish Breakout, FLR Volume Explode…

    0
    17
    HBAR Set for 493% Surge After Bullish Breakout, FLR Volume Explode…


    FLR’s trading volume soared by more than 300% in the past 24 hours, reaching $70.41 million, according to Santiment data. This surge marks the highest daily trading activity for the token since December 3, 2024.

    The sharp increase in volume coincides with a strong upward move in FLR’s price. The chart shows a consistent rise from mid-July, with both volume and price climbing in parallel. As of July 23, FLR is trading at approximately $0.024, following a steady recovery from a local low near $0.017 earlier this month.

    – Advertisement –

    FLR Price and Volume Chart. Source: Santiment
    FLR Price and Volume Chart. Source: Santiment

    Between July 17 and July 23, trading activity intensified. On July 21, volume jumped to over $60 million before peaking at $70.41 million the next day. The price followed this momentum, rising from roughly $0.020 to $0.024.

    This pattern reflects renewed market interest and growing demand for the token. The last time FLR recorded a similar level of trading activity was more than seven months ago, making this volume spike a significant indicator of market behavior.

    HBAR Breaks Out of Bullish Triangle, Confirms Rally With 65% Surge

    The weekly chart of Hedera Hashgraph HBAR/ USDT against the U.S. dollar shows a confirmed bullish triangle breakout. This ascending pattern formed between January and early July 2025, with converging resistance and higher lows leading into a triangle. Such a pattern usually signals price compression before a strong move upward.

    – Advertisement –

    HBAR Bullish Triangle Breakout. Source: TradingView (tayatatev)
    HBAR Bullish Triangle Breakout. Source: TradingView

    HBAR confirmed the breakout during the week of July 15, 2025. After multiple rejections near the $0.22–$0.24 range, the price finally closed above the horizontal resistance with high volume support. Since then, the token has already rallied 65%, moving from around $0.15 to approximately $0.25 as of July 23.

    This price breakout aligns with the prior breakout in late 2024, when HBAR also surged from a tight range and gained over 300% within a few weeks. The volume bar this time, recorded at over 823 million HBAR, matches the earlier explosive move, strengthening the case for continuation.

    According to the measured move projection from the height of the triangle, HBAR now targets the $1.49 level. From the current market price of $0.25, this would imply a 493% potential gain if momentum continues without rejection.

    The 50-week exponential moving average (EMA), marked at $0.17, now sits far below the breakout level, showing that bulls maintain control after the pattern confirmation.

    HBAR Weekly RSI Crosses 60, Signals Strength Behind Breakout

    The Relative Strength Index (RSI) for Hedera Hashgraph (HBAR) on the weekly timeframe shows a clear bullish signal. As of July 23, 2025, the RSI stands at 60.03. This level marks a breakout from the neutral zone and indicates strengthening momentum.

    HBAR Weekly RSI Breakout. Source: TradingView
    HBAR Weekly RSI Breakout. Source: TradingView

    The RSI line (purple) crossed above its moving average (yellow), which currently sits at 50.58. This crossover confirms growing buying pressure. Historically, such moves above 60 on the weekly chart often support sustained uptrends.

    In late 2024, a similar RSI breakout led to a steep price rally. The current setup mirrors that structure. The RSI stayed above 60 for weeks back then, fueling further gains. Now, the indicator again enters bullish territory just as the price breaks out of the triangle pattern on the candlestick chart.

    – Advertisement –

    So far, both price action and RSI align. The confirmed breakout and rising momentum suggest further upside may follow.

    HBAR Weekly MACD Flashes Bullish Crossover Above Zero Line

    The Moving Average Convergence Divergence (MACD) indicator for Hedera Hashgraph (HBAR) just confirmed a bullish crossover on the weekly chart. As of July 23, 2025, the MACD line (blue) sits at 0.01008, moving above both the signal line (orange), which reads 0.00824, and the zero line. The histogram bars have also flipped green with rising momentum, reinforcing the bullish outlook.

    HBAR Weekly MACD Crossover. Source: TradingView
    HBAR Weekly MACD Crossover. Source: TradingView

    This is the first MACD crossover above the zero mark since the explosive rally in late 2024. Back then, the indicator stayed above the zero line for several months while HBAR climbed over 300%. The current crossover shows a similar setup, arriving shortly after the breakout from a long-term triangle pattern.

    Momentum returned steadily through June and July 2025. The histogram flipped green in early July, and the MACD line crossed the signal line in mid-July. Now, with both lines above zero and diverging, bullish pressure appears to be accelerating.

    When the MACD rises above zero while crossing its signal line, it typically confirms trend strength and continuation. With HBAR already up 65% since the breakout and the MACD reinforcing the move, momentum may support further upside.

    HBAR Weekly SMI Confirms Bullish Shift With Strong Upside Reversal

    The Stochastic Momentum Index (SMI) for Hedera Hashgraph (HBAR) has crossed into bullish territory on the weekly chart, confirming a strong reversal. As of July 23, 2025, the SMI blue line stands at 37.92, while the orange signal line reads 19.63. This gap between the two reflects a decisive crossover that favors buyers.

    HBAR Weekly SMI Bullish Reversal. Source: TradingView
    HBAR Weekly SMI Bullish Reversal. Source: TradingView

    The SMI first crossed above the signal line in early July, just after the price broke out of a multi-month triangle. Now, both lines have moved firmly above the zero mark for the first time since January. This transition into positive territory often reflects a change in medium-term trend direction.

    Throughout the past year, every time the SMI made a similar move from below – especially when paired with a breakout – it supported extended upside. The current momentum shift follows a 65% price rally and aligns with bullish signals from other indicators like RSI and MACD.

    By pushing above 20 and holding strength near 40, the SMI confirms growing bullish control and supports the case for continued upward movement.



    Source link