it is correct for HBAR, XLM, and other coins only by looking at the 1D, 4H, and 1H charts. they do not have confirmation of upward reversal and note a strong downward trend
Luis Fernando Ávila
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HBAR could fall even further
Third-party data shows that the price of HBAR could be at risk of a further decline in the short term. One of these data points comes from SoSoValue, which shows that the demand for the Canary HBAR ETF has decreased. The fund has not had any capital inflow in the last three business days. Its most recent transaction was an outflow of 1.71 million dollars, which occurred last Friday. In total, the fund has only accumulated 74 million dollars in capital inflows and has 61 million dollars in assets today. In contrast, Solana ETFs have accumulated more than 420 million dollars in capital inflows and have 593 million dollars in total assets.
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