Hedera’s currency price (HBARUSD) edged higher in latest intraday trading, amid the dominance of the downward correctional trend in the short term, with negative signals from the Stochastic after reaching overbought levels, while the price still suffers negative pressure due to trading below the 50-day SMA.
Therefore we expect the price to decline in upcoming trading, provided it settles firmly below $0.18, targeting the support of $0.12.
Today’s price forecast: Bearish
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