#XRPETFs $HBAR
Hedera Hashgraph (HBARUSD) Amid Positive Expectations – Analysis – 28-04-2025
The price of Hedera Hashgraph (HBARUSD) has slightly increased in its recent trading, supported by its continuous trading above the simple moving average for the last 50 days, and affected by its earlier breakout from a descending corrective trend line. However, on the other hand, we notice the emergence of negative signals in the relative strength indicators, after entering excessively overbought areas, which has restrained recent price gains.
Therefore, our expectations indicate a rise in the price of the coin during its upcoming trades, as long as it remains above the price of $0.17551, aiming for the resistance level of $0.25559.
Expected trend for upcoming trades: Bullish
Hedera Hashgraph (HBARUSD) Amid Positive Expectations – Analysis – 28-04-2025
The price of Hedera Hashgraph (HBARUSD) has slightly increased in its recent trading, supported by its continuous trading above the simple moving average for the last 50 days, and affected by its earlier breakout from a descending corrective trend line. However, on the other hand, we notice the emergence of negative signals in the relative strength indicators, after entering excessively overbought areas, which has restrained recent price gains.
Therefore, our expectations indicate a rise in the price of the coin during its upcoming trades, as long as it remains above the price of $0.17551, aiming for the resistance level of $0.25559.
Expected trend for upcoming trades: Bullish
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
HBAR
0.18954
-0.88%