Hedera (HBAR) is currently priced at $0.104766, showing a 24-hour change of 1.34%. The daily price range has remained tight, with a high of $0.106371 and a low of $0.101908, indicating stable trading conditions.

Volume over the past 24 hours stands at approximately 160.49 million, contributing to a volume-to-market cap ratio of 3.55%. The recent price action suggests a bullish sentiment, with moving averages indicating upward momentum, particularly the 55 SMA showing a significant 5.65% increase.

The hourly RSI at 59 suggests that HBAR is neither overbought nor oversold, indicating that there is still potential for upward movement. Over the past week, HBAR has experienced a robust price change of 17.43%, while the 14-day change is also positive at 13.76%, suggesting a recovering trend after a more considerable decline over the past month.

Despite a 30-day price change of -10.94%, the recent momentum indicates a shift in market sentiment. The all-time high of $0.569229 from September 2021 serves as a benchmark, highlighting significant upside potential if current trends continue.

Considering the current technical indicators, market stability, and recent positive momentum, I rate HBAR as a Buy. The combination of solid volume, favorable moving averages, and a neutral RSI suggests that HBAR may experience further upward movement in the near term.