#ReboundRally Hedera Hashgraph (HBAR) has recently seen a significant rebound, with its price rising more than 30% from last week’s low to around $0.33 as of December 24, 2024.

The surge was driven by improving market sentiment and technical factors, including the formation of bullish patterns such as double-bottoms and rising wedges, which often indicate potential for further upside.

Analysts predict that if this bullish trend continues, HBAR could target this year’s high of $0.40, which represents a potential upside of 20% from current levels.

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