Hedera (HBAR) price has experienced a significant surge, reaching its highest levels in three years in December as it aims to reclaim its $12 billion market cap. Over the last month, HBAR has seen a remarkable 121% increase, driven by strong bullish momentum and key technical patterns such as the recent golden cross. Indicators like the ADX and Ichimoku Cloud indicate a strengthening uptrend, with buyers maintaining dominance and the potential for further growth. With HBAR's ADX currently at 29.35, the ongoing uptrend is considered robust, suggesting the possibility of continued upward movement in the short term. The Ichimoku Cloud chart also supports a bullish trend, with various signals pointing towards a positive momentum. However, a potential pullback could test support levels at $0.27 and $0.23 if the current momentum weakens. It is important to conduct personal research and seek professional advice before making any financial decisions. Read more AI-generated news on: https://app.chaingpt.org/news