Today's largest rise in Crypto Assets price prediction: HBAR, FLR, XRP double-digit rise causes a sensation, buying pressure drives a bullish trend.

Hedera (HBAR), Flare (FLR), and Ripple (XRP) have continued their double-digit gains since Thursday, outperforming the market in the past 24 hours. The surge in alts corresponds with Bitcoin (BTC) returning to the $120,000 level and the overall improvement in market sentiment. Technically, as buying pressure increases and drives trend momentum, the market shows a bullish tendency.

HBAR Price Analysis: Increased TVL Expected to Further Profit

FXStreet analyst Vishal Dixit stated that as of Friday's press time, HBAR has risen nearly 4%, continuing Thursday's 17% pump. The altcoin has reached a five-month high, testing the $0.30 mark.

HBAR bulls are targeting the $0.32 resistance level tested last on January 26. A closing price above this level could extend the rising trend to the $0.37 level, the high from December 6.

The 50-day and 200-day Exponential Moving Averages (EMA) have formed a golden cross, indicating a trend reversal. From a technical perspective, this is a strong buy signal, as the short-term trend has overwhelmed the long-term downtrend.

The Moving Average Convergence Divergence (MACD) indicator shows a rise trend in the green histogram bars, indicating a strengthening bullish momentum.

The Relative Strength Index (RSI) is at 85, indicating that the market is extremely overbought. As buying pressure gradually approaches saturation levels, cautious investors must remain vigilant.

The total value locked (TVL) on HBAR refers to the dollar value of assets deposited into the network. As of the time of writing this article, the total locked value of HBAR is $129.15 million, up from $73.48 million on July 1.

The downside is that a break below the $0.26 level could extend the downtrend to the support level of $0.22, which is the high from May 12.

(Source: Trading View)

FLR Price Analysis: Continuation Trendline Breakout Rebound

Flare price rose slightly by 3%, maintaining a 16% increase since Thursday, recording the sixth consecutive bullish candlestick. The FLR price broke through the resistance trend line and surpassed the 50% Fibonacci retracement level of $0.01982, which is a retracement from the high of $0.03514 on December 3 to the low of $0.1118 on April 8.

The target for the bullish trend is the 78.6% Fibonacci level at 0.02750, suggesting a double-digit pump.

Indicators show a bullish momentum strengthening, as the MACD and signal line soar above the zero line, while the green histogram bars rise, and the RSI reading is 80 (overbought), indicating increased buying pressure.

However, if FLR falls below 0.01982 USD, it may retest the 200-day EMA at 0.01851 USD.

(Source: Trading View)

XRP Price Analysis: Bullish Momentum Intensifies, Reaches All-Time High

XRP rose over 3% on the day, surpassing the 14% level from Thursday. XRP has reached a historical high and entered a price discovery mode.

The bullish target for XRP may be the 1.272 Fibonacci retracement level at $3.88, which is the level that dropped from the $3.40 high on January 16 to the $1.61 low on April 7.

The RSI indicator reading is 89 (overbought), indicating that extreme buying pressure is nearing saturation. However, the MACD indicator shows a stable upward trend in the green histogram, indicating that bullish momentum is strengthening.

This bullish market trend may be driven by the continuously expanding XRPL EVM sidechain, which has deployed over 1,300 smart contracts, launched over 160 tokens, and has more than 17,000 new addresses.

The downside is that the reversal of XRP may retest the $3.40 level from January 16.

(Source: Trading View)