Predicting the upcoming days prices for $HBAR from the chart, here are a few observations:
1. Key Indicators:
The price is currently around $0.30795.
Exponential Moving Averages (EMAs) show:
EMA(7) is at $0.31054 (short-term).
EMA(25) at $0.31336 (mid-term).
EMA(99) at $0.31868 (long-term).
RSI(25) is 46.17, suggesting a neutral trend without overbought or oversold conditions.
2. Support and Resistance Levels:
Support around $0.29129 and $0.28515.
Resistance near $0.30950 and $0.33385.
3. Prediction Insights:
If the price breaks above $0.31050, it may test $0.33385 next week. Conversely, failure to maintain the $0.29129 support might result in a downward move towards $0.285.
The Fibonacci-based projections for HBAR/USDT as folloss:
1. Retracement Levels (Key Support/Resistance Levels)
0% (Support): $0.29129
23.6%: $0.37541
38.2%: $0.35933
50%: $0.34634
61.8%: $0.33335
100% (Resistance): $0.40139
2. Extension Levels (Potential Price Targets for an Upward Move)
100% (Current Resistance): $0.40139
161.8%: $0.46943
261.8%: $0.57953
361.8%: $0.68963
If the price sustains above $0.40139, it could target the $0.46943 region in the next bullish wave. Conversely, failure to hold the $0.33335 support may suggest a further decline toward $0.29129.