#HBARUSD (HBAR) is currently trading at $0.1947 with an 10.9% increase in the last 24 hours. Here's a detailed technical analysis:
*Key Metrics:*
- *Current Price*: $0.1946
- *Market Cap*: $8,133,918,992 (ranked #22 on CoinGecko)
- *24-hour Trading Volume*: $226,716,210
- *Circulating Supply*: 42,238,834,745 HBAR tokens
- *Max Supply*: 50,000,000,000 HBAR tokens
*Price Performance:*
- *24-hour Range*: $0.1738 - $0.1945
- *7-day Range*: $0.1702 - $0.1944
- *All-time High*: $0.5692 (September 15, 2021)
- *All-time Low*: $0.009861 (January 2, 2020)
*Technical Analysis:*
The community is bullish on HBAR today, with a 95% positive sentiment. Hedera's price has increased by 10.9% in the last 24 hours, outperforming the global cryptocurrency market. However, some analysts predict a potential drop to $0.12 due to bearish indicators like the RSI and Balance of Power ¹ ².
*Trading Signals:*
- *Buy Signal*: If HBAR breaks above $0.20, it may surge to $0.221 or higher, considering its recent rally and positive sentiment.
- *Sell Signal*: If HBAR falls below $0.1738, it may drop to $0.16 or lower, given the current market volatility ².