The post Hedera (HBAR) Jumps 14%—More Gains Ahead? appeared on BitcoinEthereumNews.com.

Hedera (HBAR) has recovered over 5% in the past week. Despite some corrections today, multiple technical indicators flash bullish signals, suggesting a potential shift in momentum. The DMI shows buyers firmly in control, the Ichimoku Cloud has flipped bullish, and a golden cross appears close to forming on the EMA lines. With key resistance levels approaching, HBAR could be gearing up for an extended move—if the current momentum holds. HBAR DMI Shows Buyers Are In Full Control Hedera’s DMI chart is showing signs of strengthening trend momentum, with the ADX (Average Directional Index) rising to 24.17 from 21.82 just a day ago. The ADX measures the strength of a trend regardless of its direction. Readings above 25 typically indicate a strong trend, while values between 20 and 25 suggest a trend may be developing. With the ADX nearing that threshold, Hedera could be preparing for a more decisive move if momentum continues building. HBAR DMI. Source: TradingView. Looking at the directional indicators, the +DI has surged to 35.05 from 22.33, while the -DI has dropped to 17.31 from 23.65. This widening gap between the bullish and bearish pressure signals a strong shift in favor of buyers. If this setup holds, it could indicate a developing uptrend for HBAR, especially if the ADX continues to climb above 25. The combination of rising bullish momentum and weakening selling pressure is a positive technical signal, suggesting that Hedera may be gearing up for further upside in the short term. Hedera Ichimoku Cloud Shows A Bullish Setup Hedera’s Ichimoku Cloud chart is flashing a bullish signal. After a strong move upward, price action broke above the red cloud (Kumo). This breakout places the candles above both the Tenkan-sen (blue line) and the Kijun-sen (red line), which is generally seen as a sign of bullish…

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Filed under: News - @ April 10, 2025 9:26 pm