The encryption prices were mixed last week, as most investors remained on the side lines, as the fear and greed index moved to the 4 % extremist fear area. Bitcoin increased by approximately 1 % during the week, while other symbols such as Cardano, XRP and BNB were also transferred and American stocks were transferred. This article is looking at three better metal currencies, including Hedra Hashgraph (HBAR), near the protocol (near), and Cardano (Ada).
Hedra Hashgraph (HBAR)
Hedra Hashgraph Price has been disrupted in the past few months, reflecting the performance of its best. It decreased from a height of $ 0.4050 in January to $ 0.1600 today. He decreased and moved to his lowest level since November last year.
The HBAR price moved to less than the decisive support level at $ 0.1817, and the replacement replacement point is 61.8 % Fibonacci. It has also been a noticeable level since the currency failed to decrease several times since February.
The Hedra Hashgraph price is also close to the death cross, as it spread among the 50 -day and 200 days moving averages (EMA). If this happens, it may indicate more negative aspect in the coming weeks.
On the positive side, the currency slowly formed a falling shedled steel style, which happens when two directions are near its cross. Therefore, although the overall trend is declining, there is a risk that the HEDERA is raised in the coming days.
The increase in HBAR prices will be confirmed if the HEDERA defeat price rises above the main resistance at $ 0.1817. Less than $ 0.14 will nullify the upcoming expectations.
Near the protocol price expectations
The price of the nearby protocol symbol has collapsed in the past few months. This decline is often due to continuous encoding and the fact that it is often seen as an artificial smart coin (AI). There are now fears that the artificial intelligence bubble explodes.
It was destroyed near a height of $ 8,2620 in January to the current $ 2.5. This decrease occurred after it formed a triple style at $ 8.2183, which was the neckline at $ 3.08, the slightest swing on August 6.
The symbol also formed an intersecting pattern of death on January 31. It has also moved to the bottom of the rising trend line that connects the lowest fluctuations since October 2023. The currency has decreased to less than the 78.6 % re -modification level.
Therefore, the distinctive symbol is likely to continue to decrease as sellers target the main support at $ 2.0. This opinion will be confirmed if the currency is less than the double -top point at $ 2.1485.
Cardano prices analysis
The Daily Chart explains that the price of Cardano has been shattered in the past few months. Ada moved from a height of $ 1.323 in December to $ 0.652. The currency moved to less than the decisive support level at $ 0.810, the highest swing on March 14.
Worse, the distinctive symbol is about to form a cross -death pattern, which occurs when the moving averages flip for 50 days and 200 days each other. The currency has also formed a convergence channel, a sign of control of bears at the present time. Therefore, more negative aspect will be confirmed if the currency decreases to less than $ 0.58, which is the lowest point in March.
HEDERA Supreme Crypto Fores
