Hedera Price Analysis for Today (December 1, 2024)

The current price of Hedera ($HBAR ) is $0.1969, with a price increase of +17.37% over the last 24 hours. Currently, HBAR is available on 25 exchanges, and 3,692,503,838 HBAR coins have been traded in the last 24 hours, amounting to $727,051,894 in trading volume.

Today, Hedera (HBAR) opened at $0.1683. This is 16.99% higher than the opening price. After a drop to $0.1645, it is attempting to rise above. HBAR has more than a 327.58% increase compared to last month's price. From the maximum price in the last 30 and 7 days, it has risen by 6.54%, and from the minimum recorded price for the same period, it has increased by 370.98% and 55.79% respectively.

According to our analysis, HBAR should remain above $0.1823 in order to potentially move towards the first significant resistance level at $0.1992. A breakout above $0.1992 could lead to HBAR rising to the next resistance level at $0.2157. The third resistance is at $0.2282.

If the price falls, the first support level to watch is $0.1823. If this level does not hold, a further decline may occur to the next support level at $0.1696. $CVX $XLM