Hedera Hashgraph sells for $0.255198 on the market. HBAR gained 0.01407% with its latest market movement. During the past day HBAR reached its peak at $0.266463 and lowest point at $0.228055 showing modest price swings.
During the last 30 days HBAR showed a 22.45% decrease which highlights its short-term bearish movement. During the last three months the token value declined 29% due to ongoing downward movement. Over the last year Hedera achieved strong growth at 103.89% showing positive market directions despite its short-term difficulties.
Technical Indicators
Moving Averages
The market shows a bearish trend since HBAR trades below its 50-day and 100-day simple moving averages. Both the 50-day and 100-day simple moving averages of $0.261426 and $0.264113 currently sit above the present market price while providing buying opportunities for investors. Despite trading below its short-term moving averages the currency still maintains a strong support above its 200-day simple moving average at $0.164245.
Relative Strength Index (RSI)
Based on the 14-day RSI value of 60.89 HBAR shows a market position in the center of its trading range. The market shows balanced sentiment since the asset is not heavily bought or sold at this time.
Additional Oscillators
Multiple technical indicators match but also contradict one another. With Stochastic RSI hitting 100.00 the market faces an oversold condition likely heading towards a price dip. Market forces maintain their power according to the 39.16 scale from the Average Directional Index reading. The Moving Average Convergence Divergence indicator shows traders have no reliable clue regarding future price trends.
Market Sentiment and Fear & Greed Index
Investors in the crypto market feel fear based on their current position of 33 on the Fear & Greed Index. Traders who hesitate show little interest in the market at those levels which makes it suitable for long-term investors seeking buying opportunities. A continuous market fear during price drops can push trading activity in one direction to generate additional selling pressure and lower HBAR trading value.
HBAR Price Prediction
The forecasted HBAR trading value for today is $0.25555 without substantial market fluctuations expected. Experts expect token value will decrease by 0.04% daily during the next 30 days yet HBAR will probably avoid dramatic price increases or drops.
Conclusion
Hedera Hashgraph (HBAR) behaves both favorably and unfavorably during its price movements. The latest price fluctuations remain hard to predict but HBAR keeps making steady gains from last year. Technical data shows investors neither favor nor oppose the market with moving averages hinting at a downtrend for the next few months. People who invest in markets must pay attention to price changes and should invest only what they can afford to lose.
