Hedera Eyes 31% Upside as ETF Inflows Surge to 2026 High— One Level Blocks The Way
Summary
Hedera (HBAR) is forming a W-base pattern on the daily chart, supported by the $0.102 level holding as support. A breakout above the $0.135 neckline, which is also the 50-day Exponential Moving Average (EMA) resistance, could project a 31% upside move toward $0.176.
This technical setup is bolstered by strong underlying demand, including the highest weekly ETF inflows of 2026 (around $1.46 million for the week ending January 16) and a significant 150% jump in net spot outflows, indicating buyers are accumulating tokens off exchanges.
Momentum indicators show a bullish divergence, provided HBAR holds above $0.102. The critical hurdle remains reclaiming the 50-day EMA at $0.127, as previous rallies failed at this resistance level. If this level is cleared, the path to the projected upside targets opens.
(Source:BeInCrypto)