🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
Share trending topic posts, and split $5,000 in prizes! 🎁
👉 Check details & join: https://www.gate.com/campaigns/1953
💝 New users: Post for the first time and complete the interaction tasks to share $600 newcomer pool!
🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Could HBAR’s Weekly Rebound Trigger a 40% Rally? Three Key Factors Say Yes
Hedera (HBAR) has been showing bullish momentum in recent days, with analysts pointing to the possibility of a significant breakout. At the time of writing, HBAR was trading around $0.236, up 10.6% over the past week. While still down 3.7% over the past month, its three-month gains of over 53% highlight a firmly positive trend.
Whales accumulate, RSI confirms strength One of the strongest signals comes from large HBAR holders. Between September 6 and 11:
🔹 The number of addresses holding more than 10 million HBAR increased from 117.76 to 119.54, adding at least 18 million tokens
🔹 The number of addresses with 100 million or more HBAR rose from 34.06 to 35.16 – an increase of at least 110 million tokens
🔹 In total, whales accumulated more than 128 million HBAR, worth over $30 million This accumulation coincided with a key reversal in the Relative Strength Index (RSI). Since July, RSI had been making lower lows while HBAR’s price made higher lows – a hidden bullish divergence. This pattern confirmed in early September, as RSI turned upward and whales began significantly increasing their holdings.
As a result, HBAR moved toward the upper boundary of a falling wedge, a chart pattern that often resolves with a strong breakout.
Chart points to a potential 40% move The falling wedge now in focus suggests that a breakout could push the price up to $0.344, representing nearly a 40% gain from current levels. For this bullish scenario to hold, HBAR must clear several key levels step by step:
🔹 $0.238 – first confirmation of a breakout
🔹 $0.246 – first major resistance
🔹 $0.268 and $0.304 – swing high levels, a breakout above them would open the door to the full measured move
On the downside, if HBAR falls below $0.232, the bullish structure would weaken. A deeper drop under $0.210 would invalidate the wedge entirely, shifting the outlook back to caution.
Summary Backed by whale accumulation and confirmation of hidden bullish divergence, HBAR is positioned on the edge of a potential breakout. If the token can sustain momentum and break through resistance levels, it could climb another 40% in the coming weeks. Traders are watching closely to see if the bullish setup holds and paves the way toward $0.344.
#hbar , #hedera , #crypto , #Altcoin , #CryptoAnalysis
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies! Notice: ,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“