HBAR saw a significant 2 million USD inflow into its spot market, bolstering investor confidence. On-chain data confirms renewed interest, as traders actively increase their market engagement, driving the recent 10% price surge. This suggests a growing belief in HBAR’s future performance.

Key technical indicators, like the Elder-RAY Index and RSI, point towards a bullish momentum for HBAR. The Elder-RAY Index indicates growing bullish strength, with the RSI at 57.25 signaling a moderate growth trend. These metrics support potential pricing targets of 0.38 USD to 0.58 USD.