Technical analysis by evasivesteering about Symbol HBAR: Buy recommendation (8/1/2025)

HBAR is the native cryptocurrency of the Hedera network, a high-performance, enterprise-grade public blockchain alternative that uses a unique consensus algorithm called Hashgraph. Governed by a 39-member global Governing Council, including:Google, IBM, Boeing, Dell, Ubisoft, Deutsche Telekom. These members run nodes and vote on governance, making the network decentralized, but enterprise-friendly. HBAR still in the box formed since January 2021 but it has potential to break-out. Actually, the first leg-up has started and curently price is consolidating before the second legup. with potential to break out the box. Trade setup is as in chart Target is estimated based on market cap of 11B.