- Hedera Price prediction suggests the token’s recovery phase from the lower levels over the daily time frame chart.
- HBAR crypto is trying to recover towards 20-EMA but is still trading below 50, 100 and 200-days Daily Moving Average.
- The pair of HBRA/BTC is at 0.000002374 BTC with an intraday gain of 2.27%.
According to the daily time frame chart’s Hedera price prediction, the HBAR cryptocurrency is currently in a phase of consolidation. Over the chart with a daily time window, HBAR cryptocurrency has been declining since November 2022. But HBAR slept until it reached its lowest point of $0.035 before gaining support and soaring back into the consolidation stage. However, the volume change needs to be improved as it is currently below average.
Hedera Price was trading at $0.040125 and has increased its market capitalization by 1.19% during the last day. The intraday trading session saw a 38.59% spike in trade volume. This implies that buyers are attempting to give the token a jumpstart. The market cap to volume ratio is 0.0169.
Hedera price prediction showcases the token’s recovery phase over the daily time frame chart. However, volume change is still below average and needs to grow for HBAR crypto to surge towards the primary resistance level at $0.045. Meanwhile, HBAR crypto is trying to recover towards 20-EMA but is still trading below 50, 100 and 200-days Daily Moving Average.
Will Hedera Price Maintain this Recovery Phase?
Tehnički pokazatelji to govore HBARs cryptocurrency is trying to surge towards the resistance level over the daily time frame chart. Relative strength index showcases the upward trend of HBAR crypto. RSI is at 44 and is surging towards neutrality to register its breakout. MACD exhibits the uptrend momentum of Hedera price over the daily time frame chart. The MACD line is above the signal line after a positive crossover.
rezime
According to the daily time frame chart’s Hedera price prediction, the HBAR cryptocurrency is currently in a phase of consolidation. The intraday trading session saw a 38.59% spike in trade volume. However, volume change is still below average and needs to grow for HBAR crypto to surge towards the primary resistance level at $0.045. Technical indicators suggest that HBAR cryptocurrency is trying to surge towards the resistance level over the daily time frame chart.
Tehnički nivoi
Nivoi podrške: 0.038 i 0.035 dolara
Nivoi otpora: 0.042 i 0.045 dolara
odricanje
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Source: https://www.thecoinrepublic.com/2023/01/08/hedera-price-prediction-will-hbar-crypto-continue-this-upward-trend-through-2023/