HBAR Mirrors 2021 Cycle as Key Breakout Test Approaches
Hedera Hashgraph (HBAR) is closely tracking its 2021 price behavior, according to crypto analyst Rekt Capital.
In his latest report, he notes that the current pattern is “almost picture-perfect,” with only the timing of phases more extended — a recurring theme across this Bitcoin cycle.
HBAR recently tested a critical resistance zone, labeled the “Lower High,” and appears to be rejecting from it again. This mirrors its 2021 structure, where the token ranged between a red support zone and the same black resistance level before eventually breaking out.
Back in 2021, after a successful bounce from the red zone (marked with a green circle), HBAR wicked into the Lower High but failed to hold above it. The price…