Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
Hedera Hashgraph is down -4.79% today against the US Dollar
HBAR/BTC decreased by -6.31% today
HBAR/ETH decreased by -9.94% today
Hedera Hashgraph is currently trading 7.78% above our prediction on Nov 14, 2023
Hedera Hashgraph gained 23.14% in the last month and is up 26.63% since 1 year ago
Hedera Hashgraph price $ 0.057642 Hedera Hashgraph prediction $ 0.053483 (-8.42%) Sentiment Bearish Fear & Greed index 69 (Greed) Key support levels $ 0.058192, $ 0.055767, $ 0.054358 Key resistance levels $ 0.062026, $ 0.063435, $ 0.065860
HBAR price is expected to drop by -8.42% in the next 5 days according to our Hedera Hashgraph price prediction
Hedera Hashgraph price today is trading at $ 0.057642 after losing -4.79% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -2.99% in the same time period. HBAR performed poorly against BTC today and recorded a -6.31% loss against the world’s largest cryptocurrency.
According to our Hedera Hashgraph price prediction, HBAR is expected to reach a price of $ 0.053483 by Nov 14, 2023. This would represent a -8.42% price decrease for HBAR in the next 5 days.
HBAR Price Prediction Chart
Buy/Sell Hedera Hashgraph
What has been going on with Hedera Hashgraph in the last 30 days
Hedera Hashgraph has been displaying a positive trend recently, as the coin gained 23.14% in the last 30-days. The medium-term trend for Hedera Hashgraph has been bullish, with HBAR increasing by 2.24% in the last 3 months. The long-term picture for Hedera Hashgraph has been positive, as HBAR is currently displaying a 26.63% 1-year price change. On this day last year, HBAR was trading at $ 0.045520.
Hedera Hashgraph reached its all-time high price on Sep 15, 2021, when the price of HBAR peaked at $ 0.567001. The current HBAR cycle high is $ 0.098332, while the cycle low is at $ 0.035755. HBAR has been displaying low volatility recently – the 1-month volatility of the coin is at 7.63. Hedera Hashgraph recorded 20 green days in the last 30 days.
Hedera Hashgraph technical analysis for today - Nov 09, 2023
The sentiment in the Hedera Hashgraph markets is currently Bearish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 0.058192, $ 0.055767 and $ 0.054358, while $ 0.062026, $ 0.063435 and $ 0.065860 are the key resistance levels.
Bearish sentiment for Hedera Hashgraph
15 indicators are currently signaling a bullish prediction for Hedera Hashgraph, while 17 indicators are showing a bearish forecast. With 53% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Hedera Hashgraph.
Crypto market is currently experiencing Greed
Currently, the Fear & Greed index is at 69 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
Hedera Hashgraph moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Hedera Hashgraph is positioned in the market right now.
Period Daily Simple Daily Exponential Weekly Simple Weekly Exponential MA3 $ 0.058939 (SELL) $ 0.060617 (SELL) - - MA5 $ 0.057714 (SELL) $ 0.058982 (SELL) - - MA10 $ 0.055872 (BUY) $ 0.056906 (BUY) - - MA21 $ 0.053068 (BUY) $ 0.054269 (BUY) $ 0.052455 (BUY) $ 0.053068 (BUY) MA50 $ 0.050519 (BUY) $ 0.052076 (BUY) $ 0.055800 (BUY) $ 0.062179 (SELL) MA100 $ 0.052667 (BUY) $ 0.052023 (BUY) $ 0.096830 (SELL) $ 0.087002 (SELL) MA200 $ 0.052278 (BUY) $ 0.054116 (BUY) $ 0.120726 (SELL) $ 0.107402 (SELL)
Period Value Action RSI (14) 73.13 SELL Stoch RSI (14) 60.17 NEUTRAL Stochastic Fast (14) 86.27 SELL Commodity Channel Index (20) 66.67 NEUTRAL Average Directional Index (14) 41.61 SELL Awesome Oscillator (5, 34) 0.01 NEUTRAL Momentum (10) 0.01 NEUTRAL MACD (12, 26) 0.00 NEUTRAL Williams Percent Range (14) -13.73 SELL Ultimate Oscillator (7, 14, 28) 64.02 NEUTRAL VWMA (10) 0.06 BUY Hull Moving Average (9) 0.06 BUY Ichimoku Cloud B/L (9, 26, 52, 26) 0.05 NEUTRAL
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Hedera Hashgraph is at 73.13, suggesting that HBAR is currently overbought.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Hedera Hashgraph over the last 50 days. Currently, Hedera Hashgraph is trading below the SMA 50 trendline, which is a bearish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the HBAR closing price for the last 200 days. HBAR is now trading below the SMA 200, signaling that the market is currently bearish.
The bottom line about this Hedera Hashgraph prediction
After considering the above factors, we can conclude that the current forecast for Hedera Hashgraph price prediction is Bearish. HBAR would have to decrease by -8.42% to hit our $ 0.053483 target within the next five days. Moving forward, it will be important to monitor the HBAR market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Hedera Hashgraph price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
