Digital assets saw modest gains in the last 24 hours as the Fear and Greed Index remained neutral at 55.
However, current performance suggests a change in trend. Bitcoin price is expected to top $97K with USUAL and Hedera’s HBAR headed for Santa Rally.
bitcoin signal recovery
BTC is trading at $94,230 after a 1.80% decline the previous day. BTC is struggling as bears fear a drop to $90,000.
Nonetheless, Bitcoin price formed a doji candlestick with rejection at the 50-day exponential moving average.
This development has increased the chances of becoming a morning star.
Although today’s decline has limited these prospects, stability above the 50-day EMA confirms an imminent bullish return.
Completion of a morning star would send Bitcoin towards the 20-day exponential moving average at $97,896.
However, crypto analyst Financial Astrology warns of a potential drop to $72,000 if the bull flag fails.
Leaders are usually the ones who get the benefits
‘Usual’ has been on the radar of investors since last week. Its performance is impressive despite the hacking incident,
The native coin extended its bullish streak, rising 34.67% to hit a 24-hour high of $1.4153.
USUAL trades at $1.35 after a brief retracement from its daily high.
It is still up 28% on the 24-hour chart, and a 90% increase in trading volume suggests that the rise is continuing.
Broad market corrections contributed to USUAL’s strong performance over the past day.
However, investments from Kraken and Binance added to the bullish strength of the token.
Major exchanges co-led a $10M funding round for an RWA-focused decentralized stablecoin issuer.
🚨 TODAY: Binance and Kraken have invested $10 million in Usual, a fiat-backed stablecoin issuer focused on real-world assets. RWAs are actually a thing now and will expand in 2025.
The significant investment reflects the growing confidence in stablecoins and confidence in the future of Usual.
With real-world asset tokenization dominating the trend in 2025, USUAL is poised for significant growth in the coming seasons.
Meanwhile, bullies can expect a brief decline after the latest bullish wave before solid rallies to record peaks.
Hedera’s bullish breakout
HBAR is one of the altcoins with substantial gains over the past sessions, likely driven by Hedera ETP Launch,
The altcoin rose from $0.2629 to $0.3033 – a 15.37% 24-hour increase.
Meanwhile, Hedera’s price action prints a pennant setup with the crucial $0.31 hurdle for an upside breakout.
The altcoin’s daily timeframe displays a bullish formation and a consolidation phase following recent rallies.
Although such signals highlight market indecisions, they are often preceded by substantial price movements.
Overcoming the resistance at $0.31 could lead to a surge towards $0.35.
This would catalyze a smooth uptrend to $0.40, which would translate into a 33% gain from current prices of $0.300.
FIB retracement levels reveal important areas for HBAR.
The 23.6% retracement around $0.31 presents a significant resistance, while the 38.2% HBAR at around $0.28 provides support.
Furthermore, the daily Relative Strength Index at 61 suggests more upside for Hedera before achieving overbought conditions.
Post Crypto Today: USUAL gains 35%, HBAR moves closer to breakout as BTC’s doji targets $97K first appeared on Invez
