HBAR Whale Dey Accumulate, Technical Signs Dey Show Bulls to $0.29
HBAR don jump up 49% for di past one week, e dey trade round $0.23. Di increase na because Lloyds Bank and Aberdeen Investments don release tokenized money market fund for Hedera’s regulated blockchain, plus dem get partnership with Accenture and EQTYLab to build blockchain-supported AI tools. On-chain data show say e breakout from falling wedge with volume dey increase, net inflows reach $5.11 million—the biggest for six months—plus 90% chance say spot HBAR ETF go get approval for 2025.
From July 9 to 15, big whale wallet wey get over $10 million increase their share of HBAR supply from 81.72% to 87.56%, this one show say anybody wey get plenty money strong for bullish mode. Chaikin Money Flow cool down from overbought reach neutral, dis one dey often signal new buying momentum. After e regain $0.23 support, HBAR fit try test $0.29—meaning 27% upside—from trend Fibonacci extension. If e fall under $0.23, dis setup no go valid again and everything go focus for $0.19 0.618 Fibonacci retracement. Traders suppose dey watch whale accumulation, CMF dynamics, main support and resistance, plus ETF chance for HBAR next move.
Bullish
Plenti on-chain plus technical indicator dem dey show say HBAR get bullish outlook. Big whale dem dey dey collect for $0.23 support level show say dem sure, plus Chaikin Money Flow don reset from overbought to neutral give space for fresh buying momentum. The on-chain breakout from falling wedge with volume wey dey rise and big capital wey enter confirm say pressure dey go up. Institutional use case dem—tokenized funds by Lloyds Bank and Aberdeen, plus AI tool partnerships—dem dey boost fundamental demand. Short-term Fibonacci targets for $0.29 and long-term around $0.70, plus high chances say ETF go get approval, dey show clear upside. If e break below $0.23, e go spoil the bullish case, but current data dey favour more gains.