Hedera’s Resurgence: Predicting HBAR Price Movements in May

After a challenging start to the year, Hedera (HBAR) has shown promising signs of recovery. The price experienced a significant drop from around $0.40 in January to a low of $0.12 by April, but has since begun to rebound. Recent developments suggest a potential trend reversal with HBAR breaking out of a descending wedge pattern and climbing about 50% in just a few weeks. However, the price’s stability indicates waiting for further action, which may be tied to Bitcoin’s continued movement.