#CryptoRoundTableRemarks
Hedera (HBARUSDT) is surrounded by positive pressures – Analysis – 13-05-2025 $HBAR
The price of Hedera (HBARUSD) has stabilized with gains in its recent intraday trading, amid a prevailing upward trend in the short term and trading alongside a trend line, with positive signals starting to emerge from the relative strength indicators after reaching highly oversold levels. The price also benefits from ongoing positive support due to trading above its simple moving average for the 50-period.
In light of this, our expectations indicate that the price of the currency will rise during its upcoming trades, as long as the support remains at $0.20118, targeting the key resistance level of $0.22873.
Expected trend for upcoming trades: Upward
Hedera (HBARUSDT) is surrounded by positive pressures – Analysis – 13-05-2025 $HBAR
The price of Hedera (HBARUSD) has stabilized with gains in its recent intraday trading, amid a prevailing upward trend in the short term and trading alongside a trend line, with positive signals starting to emerge from the relative strength indicators after reaching highly oversold levels. The price also benefits from ongoing positive support due to trading above its simple moving average for the 50-period.
In light of this, our expectations indicate that the price of the currency will rise during its upcoming trades, as long as the support remains at $0.20118, targeting the key resistance level of $0.22873.
Expected trend for upcoming trades: Upward
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HBAR
0.20706
-4.85%