Hedera Remains in an Uptrend, but a Shift May Be Near
Hedera (HBAR) price has been consolidating over the past few weeks, with a modest 3.8% increase in the last seven days. The token is striving to maintain its market cap above $11.5 billion as market momentum shows signs of weakening.
While HBAR remains in an uptrend, mixed signals from technical indicators suggest the potential for either a continued rally or a reversal. Traders are watching closely to see whether HBAR can break above key resistance levels or if it will test lower support zones.