💥 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
Gate News Bot, November 13, according to CoinMarketCap data, as of the time of publication, the price of BEAT (Audiera) is currently $0.36, an increase of 127.65% over the past 24 hours, with a high of $0.44 and a low of $0.09, and the trading volume over the past 24 hours is $1.176 billion. The current market capitalization is approximately $49.99 million, an increase of $28 million from yesterday.
The latest important news for BEAT:
1️⃣ **The increase in Trading Volume drove the price up**
The Trading Volume of BEAT exceeded 1.2 billion Dollar in the last 24 hours, indicating a significant increase in market interest in this currency. Trading activities have increased markedly, providing a strong boost for the price increase, as the price of BEAT rose by more than 40% in a short period.
2️⃣ **Positive market forecasts influence price performance**#CoinDeskNovGateReportComing #LaunchTokensOnSquareToGrab$1,000 #XRPSpotETFsComingSoon #ETH #BTC