en

HBAR Price Elliot Wave Signals an 86% Rebound as Key Risks Remain

image
rubric logo Analytics
like moon 23

HBAR price has formed a bullish flag pattern on the daily chart. Hedera has moved to the second phase of the Elliot Wave, pointing to a rebound ahead of the HBAR ETF approval. However, the falling stablecoin and ecosystem growth presents a major risk.