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The Hedera price pumped 4% in the last 24 hours to trade at $0.2903 as of 11:16 p.m. EST on trading volume that skyrocketed 79% to $1.4 billion. Hedera Price Gearing Up Towards A Bullish Trend Reversal The price of Hedera surged dramatically through a parabolic curve, reaching a peak near $0.375, followed by a retracement and narrowing price action. Two converging yellow trendlines mark the falling wedge pattern, with lower highs and higher lows, indicating consolidation. The HBAR price is now hovering around $0.291 and testing the upper boundary of the wedge, suggesting that a breakout may be imminent, according to data from GeckoTerminal . The 50-day Simple Moving Average (SMA) (white line) is currently at $0.2918, closely tracking the current price. A breakout above this level would confirm bullish momentum. However, the 200-day SMA (yellow line) at $0.2157 is far below the price, serving as a strong long-term support level. The wide gap between the two moving averages confirm...

The Tornado Cash price surged 455% in the last 24 hours to trade at $18.50 as of 11:54 p.m. EST on trading volume that skyrocketed 9,592% to $9.6 million. This comes after a three-judge panel found the US Treasury Department’s sanctions against the crypto mixer’s immutable smart contracts were unlawful. The Fifth Circuit Court’s panel ruled that the Office of Foreign Assets Control (OFAC) exceeded its authority in sanctioning TORN’s immutable smart contracts. 1/ Today, the U.S. Court of Appeals for the Fifth Circuit ruled in the Tornado Cash case brought by users of the software (Van Loon v. Treasury), finding “immutable smart contracts (lines of privacy-enabling software code) are not the ‘property’ of a foreign national or entity.” https://t.co/G0vkoYzt8O — Blockchain Association (@BlockchainAssn) November 27, 2024 Tornado Cash Price On A Sustained Rally The Tornado Cash price has surged significantly (455% upward movement)...