news 
Title: Hedera’s Clean Double Bottom and Grayscale Entry Raise 100% HBAR Price Boom Potential
Hedera’s (HBAR) recent chart formation has caught the attention of many traders, as a clean double bottom pattern is now in place. This reversal setup indicates that HBAR may have reached its local minimum and is poised to see a significant upside, which could lead to a potential 100% HBAR price boom.
A confirmed move above the neckline of this pattern would signal a strong bullish signal for the token’s future movement. It’s important to highlight that the previous support and resistance lines in this area have acted as formidable barriers for the token in the past, so if the neckline is breached, it could lead to further gains beyond that point.
HBAR has gained significant momentum recently due to recent news related to Grayscale Investments. The company announced that they have sold their Polkadot (DOT) holdings and other fund components, allocating these proceeds into Hedera (HBAR) and other assets, maintaining the fund’s existing weightings. This development marks a crucial milestone in the token’s trajectory.
Furthermore, HBAR has been listed on Metal Pay, making it accessible to an even broader audience of users. Additionally, Kraken will list HB
Source: coinchapter.com
