#ReboundRally Hedera Hashgraph (HBAR) has recently experienced a significant rebound, with its price rising over 30% from last week's lows to approximately $0.33 on December 24, 2024.

This surge is attributed to improved market sentiment and technical factors, including the formation of bullish patterns such as a double-bottom and a falling wedge, which often indicate potential for further gains.

Analysts suggest that if these bullish trends continue, HBAR could target its year-to-date high of $0.40, representing a potential 20% increase from current levels.

However, it's important to note that the cryptocurrency market is highly volatile, and such projections are subject to change based on market dynamics.