Hedera Hashgraph (HBAR) Key Technical Levels for June 2025:
$HBAR Resistance Levels:
$0.173–$0.179: Identified as a near-term resistance zone.
$0.25: A significant resistance level that may challenge upward momentum.
$0.285: Represents a 13-week high; surpassing this could indicate a bullish breakout.
$HBAR Support Levels:
$0.12: Immediate support level; a drop below may signal further bearish pressure.
$0.05: Secondary support, suggesting a potential floor in extreme bearish scenarios.
$HBAR Market Sentiment & Indicators:
Relative Strength Index (RSI): Currently at 38.91, indicating neutral momentum.
Awesome Oscillator: Negative reading at -0.015, suggesting bearish momentum.
Momentum Indicator: At -0.038, reinforcing the current downward trend.
June 2025 Outlook:
Analysts forecast HBAR's price to range between $0.174 and $0.229, with an average around $0.192. However, the prevailing bearish sentiment and technical indicators suggest that breaking above the immediate resistance levels may be challenging without a significant shift in market dynamics.