HBAR price forms bull flag as trend shifts, momentum turning upward?

Ethereum has encountered significant resistance in its attempt to break through key price levels, resulting in a 26% decline in November. The cryptocurrency's struggles are compounded by a broader market downturn, with prices falling below critical support levels, raising concerns about a potential bear market.

Bitcoin's price briefly surpassed $90,000 on Wednesday, maintaining this breakout amid volatility in the broader cryptocurrency market. This marks a significant recovery from previous lows, showcasing Bitcoin's resilience.

Retail Bitcoin traders are facing significant challenges as the cryptocurrency's volatility disrupts their sleep patterns, highlighting the emotional toll of market fluctuations. Recent data shows Bitcoin's value has plummeted over 35% since early October, causing widespread panic among investors.

Hedera's native token, HBAR, has risen by 1% to surpass the critical resistance level of $0.143, driven by institutional accumulation as the launch of futures approaches. This increase follows a period of volatility where HBAR faced significant downward pressure, including a recent drop below $0.1373.

XRP's price remains under pressure, trading at $2.15, which is approximately 40% below its peak this year, indicating a technical bear market. Despite a recent surge in the RLUSD metric by 56%, the cryptocurrency's value has not stabilized, reflecting ongoing volatility in the market.

Corporate Bitcoin treasury holders are facing pressure to sell their assets as market conditions shift, leading to a potential fire sale after months of aggressive accumulation. This trend is driven by a significant decline in Bitcoin's value, which has dropped over 35% since early October, prompting many firms to reconsider their strategies.

Monad's price surged significantly on November 26, with a notable increase of 355% in a key metric, reflecting strong growth in its ecosystem and network. This surge follows a successful $269 million Initial Coin Offering (ICO) led by Coinbase, which has drawn considerable attention to the project ahead of its mainnet launch.

Bitcoin's price is currently testing the $75,000–$78,000 support cluster, indicating the formation of a potential three-drive pattern that may suggest a structural bottom is developing in the market. This follows a recent rebound from lower price levels, raising optimism among traders and analysts alike.