MKratim

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.

The AI coins will have their bullish trend soon. $PHA is my nominated coin for the next big move. Do not miss the entry at this low current price at the resistant levels.

What is your favorite AI coins you are investing in? #PHALA