💥 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
🚨 RBI RISKS IN CRYPTO & STABLECOINS!
Despite global growth, the RBI has once again issued a major warning regarding Crypto and Stablecoins.
√ The RBI has made it clear that its "Cautious Approach" will continue and they consider crypto a major risk to macro stability.
√ The global crypto market has now surpassed $4 Trillion, and Dollar Stablecoins have crossed $300 Billion.
According to the RBI, stablecoins could destabilize the global financial system.