The technical analysis of HBAR (Hedera Hashgraph) indicates a bullish trend, with a price increase of 25.91% over the last 24 hours and 54.89% over the last week. The Relative Strength Index (RSI) is at 81.53, suggesting overbought conditions, while the Stochastic RSI is at 100.00, indicating a strong buy signal. The Moving Averages (MA) and Exponential Moving Averages (EMA) also show a bullish trend, with the 50-day MA and the 200-day MA indicating a buy signal. However, the Commodity Channel Index (CCI) is at 66.67, suggesting a neutral trend, and the Average Directional Index (ADX) is at 26.32, indicating a weak trend. Overall, the technical indicators suggest a strong buy signal for HBAR, but with reservations regarding overbought conditions. The current trading volume over 24 hours for Hedera Hashgraph (HBAR) is $2.88 billion, with a market capitalization of $8.87 billion. The price of the cryptocurrency has varied by 6.12% over the last hour, 25.91% over the last 24 hours, and 54.89% over the last week, indicating high volatility. The 30-day volatility of HBAR is 22.22%, and its 7-day volatility is 10.73%, suggesting significant short-term price fluctuations. Despite this, HBAR has outperformed Bitcoin over the last month by 39.45%, with its price in USD increasing by 57.01% during the same period, making it a notable player in the cryptocurrency market.
