HEDERA (HBAR) displays mixed signals as you hover at a major technical turn. The maximum market is currently $ 7 billion. Despite the growing momentum, the trading volume decreased by 27 % in the past 24 hours, as it was now sitting with $ 104.29 million.
While indicators such as RSI and EMA lines alluded to a potential upscale, BBTRand remains negative, indicating that the strength of the direction is still fragile. Currently, the HBAR price movement reflects a market that is going through a transitional stage, and caught between faded fluctuations and the early signs of renewed interest.
Reduces HBAR twice, but the momentum is still missing
HEDERA’s BBTREND index is currently -3.53 and has remained in negative lands for nearly three consecutive days. Only yesterday, a recent decrease from -5, indicating the strength of the weak direction in particular during that period.
Despite its recovery a little, the fact that BBTRand remains less than zero indicates that the momentum still does not exist, and that the price procedure shows a limited direction or energy.
This prolonged decrease indicates that HBAR may be stuck in a period of monotheism or at risk of entering a wider landmark if no bullish momentum does not appear.
It measures BBTREND, or Bollinger Band Trend, strength and fluctuation of price by analyzing the expansion or shrinkage of Bollinger.
Positive values usually indicate a strong directional movement, while negative values indicate weakening trends and reducing volatility. As BBTREND continues in -3.53, HBAR remains in a low -power area where buyers or sellers do not control.
Unless the index belongs to a positive area, HBAR may continue to drift sideways or gradually decline, reflecting the marketing of the market and lack of strong condemnation.
Hbar builds momentum with RSI climbing
The HEDERA is currently located at 55.70, as it rose from 45 only two days ago. This upward step reflects the increase in bullish momentum, indicating that the purchase pressure has risen after a short period of weakness.
While the relative strength index remains less than excessive peak levels, the fixed height indicates an increasing interest in HBAR and a possible continuation of its current upper payment, provided that it maintains momentum.
Currently, the price appears to be gained power without signal after the signal.
RSI is a momentum that measures the speed and size of the recent prices, and is usually on a scale from 0 to 100. Readings that exceed 70 are generally at the height of purchase, while those under 30 years are seen.
With RSI HBAR now at 55.70, it sits comfortably in a neutral area, indicating a space for more upward trend before reaching the feverish conditions.
If this trend continues and RSI edges are closer to 70, it may support a short-term gathering-but also raising caution from potential exhaustion.
HEDERA Group for the Budget Intersection, but the risks are still less than $ 0.153
HEDERA’s EMA lines currently offer signs of a possible golden cross, which may indicate a shift towards an upward trend. If this intersection occurs and enhances momentum, the HEDERA resistance price may test at $ 0.178.
The collapse above this level can pave the way to move about $ 0.20. If the gathering is accelerating, the prices may rise to $ 0.258, which represents the first time that HBAR is trading over $ 0.25 since early March.
The upward slope in EMAS reflects the short -term optimism, but the confirmation will depend on the size and price in the upcoming sessions.
However, negative risks still exist. If HBAR fails to keep the support level at $ 0.153, the downward pressure may lead to the withdrawal of the distinctive symbol to $ 0.124.
While technicians are currently tending to climb, the price remains at a decisive crossroads, with both the scenarios of collapse and collapse. In order to show a clear direction, merchants must see these main levels closely.
Disintegration
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