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CryptoGold2025
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Bullish
Hedera Hashgraph (HBARUSD) Shows More Positive Signs – Analysis – 02-01-2025
The price of Hedera Hashgraph (HBARUSD) stabilized on the rise during its recent trading at the moment levels, amid the dominance of the upward trend in the short term, with the continuation of positive pressure due to its trading above its previous 50-day simple moving average, in addition to that, we notice the beginning of positive signals in the relative strength indicators, after reaching areas of severe saturation with selling operations.
Therefore, our expectations indicate an increase in the price of the currency during its upcoming trading, as long as the support level of $0.23178 remains stable, targeting the pivotal resistance level of $0.39200.
The expected direction for the upcoming trading: Upward $HBAR
The price of Hedera Hashgraph (HBARUSD) stabilized on the rise during its recent trading at the moment levels, amid the dominance of the upward trend in the short term, with the continuation of positive pressure due to its trading above its previous 50-day simple moving average, in addition to that, we notice the beginning of positive signals in the relative strength indicators, after reaching areas of severe saturation with selling operations.
Therefore, our expectations indicate an increase in the price of the currency during its upcoming trading, as long as the support level of $0.23178 remains stable, targeting the pivotal resistance level of $0.39200.
The expected direction for the upcoming trading: Upward $HBAR
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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