💥 HBAR price nears breakout as inverse head and shoulders pattern forms
HBAR price is consolidating below key resistance as an inverse head and shoulders pattern develops, signaling a potential bullish breakout if the neckline resistance is cleared with volume.
HBAR ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
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What is the status of Bitcoin and Altcoins: General Overview of the Markets (12 July)
Bitcoin is trading at $57,136, down 1.4%, against the Turkish lira at 2,021,111 TL during the writing.
Ethereum (ETH) is at 3,087 with a 0.3% decrease, BNB (BNB) is at 520 with a 0.8% decrease, Ripple (XRP) is at 0.456 with a 3.2% increase, Dogecoin (DOGE) is at 0.106 with a 1.7% decrease, Toncoin (TON) is at 7.35 with a 2.5% increase, Solana (SOL) is around 135 dollars with a 3.7% decrease.
In the last 24-hour period, MANTRA (OM) became the top gainer with a 6.1% increase, while Bonk (BONK) experienced the biggest price drop with a 10.4% decrease.
MANTRA (OM) is trading at $1.03 while Bonk (BONK) is trading at $0.00002284.
The Dollar Index (DXY) is trading at 105.3.
When the market value of Bitcoin is around 1.08 trillion dollars, the total value of the cryptocurrency market is around 2.23 trillion dollars.
The volume of the 24-hour cryptocurrency market is around 76 billion dollars.
The USD/TRY started the new week at 32.52 level with a 0.02% increase, while the EUR/TRY pair started at 35.18 level with a 0.28% increase.
In the last 24-hour period, as much as 279 million dollars were liquidated from the cryptocurrency market, affecting over 80,000 cryptocurrency investors.
Long (long) positions constitute 59.38% of the positions being liquidated, with Bitcoin (BTC) having the highest liquidation.
Stay tuned for the latest updates