Hedera (Hbar) shows mixed signals because it hovers at a key technical stage. Its market capitalization is currently $ 7 billion. Despite signs of increasing momentum, the volume of trade has dropped by 27% in the last 24 hours, now at $ 104.29 million.
While indicators like the RSI and EMA lines alluding to a potential upward break, the BBTREND remains negative, which suggests that the trend force is still fragile. For the moment, the Hbar price movement reflects a market in transition, taken between discolving volatility and the first signs of renewed interest.
The weakness of the Hbar trend is helping, but the momentum is still lacking
The Bbtrend indicator of Hedera is currently at -3.53 and has remained in negative territory for almost three consecutive days. Yesterday, he reached a recent low -5 bottom, signaling a particularly low trend force during this period.
Although it has recovered slightly, the fact that Bbtrend remains below zero indicates that the momentum is still lacking and that the price of the prices shows a limited direction or energy.
This prolonged decline suggests that Hbar can be stuck in a period of consolidation or at risk of entering a wider drop trend if no bullish momentum emerges.
Bbtrend, or the trend of the Bollinger strip, measures the strength and volatility of a price trend by analyzing the expansion or contraction of Bollinger bands.
Positive values generally suggest a strong directional movement, while negative values indicate a weakening of trends and reduced volatility. Bbtrend being still seated at -3.53, Hbar remains in a low energy area where neither the buyers nor the sellers clearly take control.
Unless the indicator returns to a positive territory, Hbar can continue to derive laterally or gradually decrease, reflecting market indecision and a lack of strong conviction.
Hbar takes momentum when RSI goes up
HEDERA RSI (relative force index) is currently 55.70, from 45 barely two days ago. This upward movement reflects the increase in the bullish momentum, showing that the purchase pressure has accelerated after a short period of weakness.
While the RSI remains below the surachat levels, the regular increase suggests a growing interest in Hbar and a potential continuation of its current rise, provided that the momentnce is supported.
For the moment, the price seems to gain strength without yet pointing out a reluctivity.
The RSI is a momentum oscillator which measures the speed and extent of recent price changes, generally on a scale of 0 to 100. Readings above 70 are generally considered to be surachatrical, while those less than 30 are considered as occurring.
With the Hbar RSI now at 55.70, it is comfortably in neutral-Bullins territory, indicating a place for more upwards before reaching overheated conditions.
If this trend continues and the RSI edges are closer to 70, it could support a short -term rally, but also raises caution for the potential exhaustion to come.
Hedera Set for the Haussier crossover, but the risks remain less than $ 0.153
The EMA lines of Hedera are currently showing signs of possible golden cross training, which could point out a change towards a bullish trend. If this crossing occurs and the momentum is strengthened, the price of Hedera can test the resistance at $ 0.178.
An escape above this level could open the way to a movement around $ 0.20. If the rally has accelerated, prices could increase to $ 0.258, marking the first time that Hbar has been negotiated over $ 0.25 since early March.
The ascending slope in short -term EMAs reflects growing optimism, but confirmation will depend on the volume and action of prices in future sessions.
However, downward risks remain. If Hbar does not hold the level of support at $ 0.153, the lower pressure could cause the token at $ 0.124.
Although the techniques are currently optimistic, the price remains at a crucial crossroads, with escape and breakdown scenarios. Until a clear direction emerges, traders should monitor these key levels closely.
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