HBAR’s Next Move: Popcorn, Please!
Hedera Hashgraph HBAR is hovering near an inflection zone at $0.286, setting the stage for some potentially exciting moves ahead. However, it has to exhibit more momentum towards $0.313.
1. If HBAR manages to break above $0.313, it could spark a fresh wave of bullish momentum, with buyers eyeing the next resistance levels at $0.36 and beyond. This breakout could signal growing optimism in the market (Dashed Green Projections).
2. A clean push past $0.36 might pave the way for a journey toward $0.409, where traders might want to keep an eye out for signs of exhaustion or continued momentum (Solid Green Projections).
3. On the flip side, failing to hold $0.27 could spell trouble for HBAR for short-term. A drop below this level might lead to increased bearish pressure, targeting the next support at $0.217. This scenario could invite short-term sellers to take control and drive prices lower and offer a great opportunity for DCA (Red Projections).
All eyes are on the next big move—will the bulls take charge or will the bears have their day?
1. If HBAR manages to break above $0.313, it could spark a fresh wave of bullish momentum, with buyers eyeing the next resistance levels at $0.36 and beyond. This breakout could signal growing optimism in the market (Dashed Green Projections).
2. A clean push past $0.36 might pave the way for a journey toward $0.409, where traders might want to keep an eye out for signs of exhaustion or continued momentum (Solid Green Projections).
3. On the flip side, failing to hold $0.27 could spell trouble for HBAR for short-term. A drop below this level might lead to increased bearish pressure, targeting the next support at $0.217. This scenario could invite short-term sellers to take control and drive prices lower and offer a great opportunity for DCA (Red Projections).
All eyes are on the next big move—will the bulls take charge or will the bears have their day?
Nota
There is little change in the HBAR price chart. As long as it trades between $0.27 and $0.313, the price action is expected to remain sideways and boring.
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