Ah, noble HBAR! At this very moment on the day of our Lord, September the 11th, it pirouettes around the modest sum of $0.236, having leapt a sprightly 10.6% in but seven days’ time. Alas, the month remains not gentle, with a slight fall of 3.7%, yet fear not, for in the grand three-month ball, our token dons a splendid cloak of 53% gain-truly a triumph worthy of applause! 🎭
In these past seven turns of the sun’s wheel, portents of a bullish fête have emerged. Among them, the grand whales of the market have stirred from their deep slumber. Coupled with a most curious momentum pas de deux and a breakout audacious enough to ruffle wig and cravat, these omens whisper that sweet HBAR might soon set forth upon a 40% ascent, as if scaled by noble steeds!
The Whales Arrive! And With Them, a Rhapsody of RSI Revelry
Behold! Since the week’s dawn, the mighty whales have shuffled their decks most noticeably. Between the sixth and eleventh day of September, the number of those holding more than 10 million HBAR grew from 117.76 to 119.54-an increase as subtle as a moustache’s twitch yet significant as a king’s decree.
At the very least, our leviathans amassed a treasure hoard of 18 million tokens! But wait, the spectacle grows! The accounts boasting 100 million or more HBAR rose from 34.06 to 35.16-an addition of no less than 110 million tokens! Thus, our grand whales gulped down 128 million HBAR in but a week’s breath-valued at over $30 million in coinage-a true testament to their faith in soaring fortunes! 🐋💰
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Such accumulation danced hand-in-hand with a curious bazaar move on the Relative Strength Index (RSI), that ever-watchful herald of momentum. When the RSI ascends, ’tis as if the market itself bellows, “Forward, to victory!”
Since the month of July, the RSI had been sulking with lower lows, whilst HBAR, the cheeky rogue, fashioned higher lows. This secret plot is known to sages as the “hidden bullish divergence,” a subtle hint that the upward march might just persist. Come September 4-5, the RSI pirouetted with grace, and with it, our whale brethren embarked upon a spree of hoarding most enthusiastic.
The triumvirate of forces nudged HBAR toward the apex of a falling wedge-a pattern as mysterious as a masked ball, where prices descend with narrowing lines, yet promise an upward breakout worthy of a standing ovation.
To confirm this jest of fortune, HBAR must close the day above $0.238-only then will the buyers grasp the reins and seize the dance floor. But hold! More revelations await in the following act.
When Wedges Fall… Will HBAR Rise 40%? A Comedy of Levels
From the delicate harmony of RSI and whales, the price chart drapes itself in the grandeur of possibility. The falling wedge, now the star of this drama, beckons to a breakout, one that could launch our token toward the heavens-or at least toward $0.344, a number that spells roughly a 40% gala from the breakout’s apron.
This delicate ballet demands the crossing of key hurdles in order: first, a resistance near $0.246, should the noble breakout above $0.238 find favor. Next stand $0.268 and $0.304, those stringent sentinels guarding the path. Should HBAR break these chains, the stage will be set for the grand finale at $0.344.
Yet beware, lest tragedy strike! If our dear HBAR should stumble below $0.232, the bullish masque risks crumbling. Should it further sink beneath $0.210, the wedge, that sly friend, would become naught but a forgotten jest, and caution would once again steal the spotlight.
So, my dear spectators and traders of fortune, shall we watch with bated breath as this theatrical spectacle unfolds? 🎩🎭
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2025-09-11 23:23