HBAR Shows Signs of Recovery but Faces Resistance Ahead of Potential Break Above $0.20
The post HBAR Shows Signs of Recovery but Faces Resistance Ahead of Potential Break Above $0.20 appeared on BitcoinEthereumNews.com. Hedera (HBAR) is showing tentative signs of recovery after a prolonged bearish phase, with key momentum indicators signaling cautious optimism among traders. Despite a 17% decline over the past month, technical analysis reveals potential for a bullish breakout if HBAR surpasses critical resistance levels. According to COINOTAG insights, the emergence of a golden cross in HBAR’s EMAs could serve as a catalyst for renewed upward momentum. Hedera’s HBAR faces resistance near $0.175 as BBTrend and RSI indicators show mixed signals; a golden cross in EMAs may trigger a breakout above $0.20. ‘, ‘
The post HBAR Shows Signs of Recovery but Faces Resistance Ahead of Potential Break Above $0.20 appeared on BitcoinEthereumNews.com.
Hedera (HBAR) is showing tentative signs of recovery after a prolonged bearish phase, with key momentum indicators signaling cautious optimism among traders. Despite a 17% decline over the past month, technical analysis reveals potential for a bullish breakout if HBAR surpasses critical resistance levels. According to COINOTAG insights, the emergence of a golden cross in HBAR’s EMAs could serve as a catalyst for renewed upward momentum. Hedera’s HBAR faces resistance near $0.175 as BBTrend and RSI indicators show mixed signals; a golden cross in EMAs may trigger a breakout above $0.20. ‘, ‘
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