💥 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
Altura's price chart shows a falling wedge pattern, which is a typical bullish signal. The short-term target is $0.20, but with the increasingly bullish sentiment surrounding its technology and market positioning, the price may exceed $0.50 in the first quarter of 2025.
If the altcoin season starts in January 2025, Altura's momentum may further strengthen. This period usually sees rapid growth across the entire market, and Altura is fully capable of capitalizing on this growth.
Market value and long-term goals in 2025
Altura's long-term potential is reflected in three specific forecasts:
• Basic goal: Altura's market value reaches $1.5 billion, or about $1.52 per ALU, which is the minimum expected target. This may still happen even in slow or unfavorable market conditions. The project's solid foundation and sustained innovation mean that Altura can achieve growth in challenging circumstances.
• The bullish target: a market value of $3 billion, equivalent to about $3.03 per ALU, is very achievable. This result is supported by the increasing interest in artificial intelligence and gaming, as well as favorable market trends. Altura's focus on blockchain games and NFT adoption makes it fully capable of achieving this goal, especially in the potential altcoin season momentum.