HBAR Confirms Double-Bottom Reversal, Eyes $0.14 Resistance
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Technical Reversal Confirmation: HBAR's price has confirmed a double-bottom reversal pattern, indicating a transition from a prolonged downtrend to a potential bullish phase, suggesting seller exhaustion and a regain of market control by buyers.
- Support Level Reclaimed: The price has reclaimed the value area low, acting as bullish support, indicating market acceptance of this level and further boosting buyer confidence.
- Key Resistance Target: The current upside focus shifts toward the $0.14 high-time-frame resistance, with a breakthrough at this level significantly increasing the likelihood of continued price appreciation.
- Importance of Volume: For the bullish scenario to materialize, increasing volume is critical, as the effectiveness of reversal patterns relies on sustained buying pressure to push prices through intermediate resistance levels.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






