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<p><a href="https://captainaltcoin.com/0-reasons-the-hedera-hbar-price-will-explode/" target="_blank" rel="noopener noreferrer nofollow">Hedera’s native token</a>, HBAR, has had a bullish price breakout lately. Analyst WSB Trader Rockos shared his outlook on HBAR’s trajectory, setting a long-term target of $0.40.&nbsp;</p>
<p>The analysis highlights key support and resistance levels alongside a detailed price movement overview. This suggests strong potential for upward growth in the coming bull market.</p>
<h2 class="wp-block-heading" id="strong-hbar-price-breakout-confirms-bullish-momentum-strong"><strong>HBAR Price Breakout Confirms Bullish Momentum</strong></h2>
<p>HBAR’s recent price movements indicate a clear shift in market sentiment. The token broke past the $0.10 resistance, a zone previously labeled as “bullish above” by traders. This breakout was accompanied by increased trading volume, reinforcing its strength.&nbsp;</p>
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   <p lang="en" dir="ltr">I said <a href="https://twitter.com/search?q=%24HBAR&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$HBAR</a> was going to $0.1 then $0.15<br><br>Now im saying it's going to $0.4<br><br>Make sure to buy the dip, think <a href="https://twitter.com/hashtag/Hedera?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Hedera</a> will be one of the strongest performers this bull market <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/CLS8MR6HMn" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/CLS8MR6HMn</a></p>— WSB Trader Rocko <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@traderrocko) <a href="https://twitter.com/traderrocko/status/1859315767336108534?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 20, 2024</a>
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<p><a href="https://www.coingecko.com/en/coins/sui" target="_blank" rel="noopener noreferrer nofollow">Currently trading at $0.1217</a>, HBAR is down 3.12% in the past 24 hours, which some analysts interpret as a routine pullback within an ongoing bullish trend.</p>
<p>The token’s prolonged consolidation between $0.05 and $0.10 over the past year formed a solid base, often a precursor to significant price rallies. This base structure now serves as a support zone, aligning with Fibonacci retracement levels, which suggest that $0.10 and $0.09 are critical areas to watch for potential rebounds.</p>
<h2 class="wp-block-heading" id="strong-fibonacci-levels-and-key-zones-to-watch-strong"><strong>Fibonacci Levels and Key Zones to Watch</strong></h2>
<p>Fibonacci retracement analysis sheds light on HBAR’s potential price journey. The token has surpassed the 0.618 level ($0.09) and is currently targeting the 0.382 level at $0.14. This zone aligns with historical price clusters and is likely the next area of resistance.&nbsp;</p>
<p>Beyond this, the $0.18–$0.20 range represents a psychological barrier where prior price rejections occurred.</p>
<p>The long-term target of $0.40 aligns with mid-2021 highs, suggesting a plausible rally if bullish momentum sustains. Key support levels at $0.10 and $0.07 provide a safety net for traders monitoring potential dips.</p>
<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/this-meme-coin-trader-updates-his-shiba-inu-shib-price-prediction/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>This Meme Coin Trader Updates His Shiba Inu (SHIB) Price Prediction</em></strong><br></a></p>
<h2 class="wp-block-heading" id="strong-long-term-market-outlook-strong"><strong>Long-Term Market Outlook</strong></h2>
<p>The chart reveals a rounded bottom formation, a classic reversal pattern indicating a transition from bearish to <a href="https://www.binance.com/en/square/post/16504416104745" target="_blank" rel="noopener noreferrer nofollow">bullish structure</a>.&nbsp;</p>
<p>If HBAR maintains its current trajectory and breaches resistance at $0.14, it could pave the way for further gains, supported by volume spikes and higher highs.</p>
<p>WSB Trader Rocko’s tweet emphasizes optimism, urging traders to “buy the dip” as HBAR positions itself as a strong contender for the bull market.</p>
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<p>The post <a href="https://captainaltcoin.com/hederas-hbar-price-targets-0-40-as-analyst-predicts-massive-bull-market-surge/" rel="noopener noreferrer nofollow">Hedera’s HBAR Price Targets $0.40 as Analyst Predicts Massive Bull Market Surge</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Hedera’s HBAR Price Targets $0.40 as Analyst Predicts Massive Bull Market Surge

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