Hedera Price Analysis Today (December 4, 2024)

The current price of Hedera ($HBAR ) is $0.2980, the price has dropped by -8.34% in the last 24 hours. Currently, HBAR is available on 25 exchanges, and in the last 24 hours, 6,535,297,174 HBAR coins were exchanged, amounting to $1,947,455,309 in trading volume.$JST $CRV

Today, Hedera (HBAR) opened at $0.3181. This is -6.31% lower than the opening price. Despite a rally to $0.3348, Hedera (HBAR) faced resistance and was unable to maintain momentum for further movement. HBAR has shown an increase of more than 594.52% compared to last month's price. From the maximum price over the last 30 and 7 days, its value has decreased by -23.52%, while from the minimum recorded price during the same period, it has risen by 611.38% and 124.01%.

According to our analysis, HBAR needs to remain above $0.2840 to potentially move towards the first significant resistance level at $0.3011. A breakout above $0.3011 may lead to HBAR rising to the next resistance level at $0.3202. The third resistance is at $0.3443.

If the price falls, the first support level to watch will be $0.2840. If this level does not hold, a further decline to the next support level at $0.2719 may occur.#2024withBinance