HBAR Rally Gathers Steam as Stablecoin Inflows Surge and TVL Jumps 20%

Hedera Hashgraph’s native token, HBAR, has displayed muted price performance since the beginning of August, mostly trading within a narrow range.   However, with improving market momentum, HBAR has broken above the upper line of the channel, and on-chain data confirms the likelihood of staying above the price barrier in the short term. HBAR Eyes Breakout Amid Capital and Activity Surge Readings from the HBAR/USD daily chart show that the altcoin has traded within a horizontal channel since the beginning of August.   This pattern emerges when an asset’s price oscillates between a defined resistance and support level, indicating consolidation source: https://beincrypto.com/hbar-price-eyes-breakout/