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HBAR shows bullish double bottom pattern, eyes $0.22 breakout and $0.40 target next.

Technical Signals
21 Aug 2026
Dailycoin
View Source
Bullish
pluang ai news

Hedera Hashgraph's HBAR token gained 5.25% amid a crypto market rally, forming a double bottom pattern with strong support at $0.07. Analysts highlight a key resistance zone at $0.21-$0.22, which if broken, could confirm a bullish breakout targeting $0.40, potentially tripling the price from late 2025 levels. Technical indicators like Parabolic SAR and Chaikin Money Flow support a buy signal, though volume remains modest compared to peers. Investors watch the $0.22 neckline closely for confirmation of further gains.

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