CandleFocus Hedera (HBAR) Faces Strong Selling Pressure, Eyes 18% Decline
2025-01-30
Author: Content Editor
The cryptocurrency token Hedera (HBAR) has been experiencing a downward trend since January 17, losing 20% of its value and trading below a descending trendline. This pattern suggests a bearish sentiment in the market. The Awesome Oscillator (AO) indicator also confirms this bearish sentiment. If selling pressure continues, HBAR could drop further and reach support levels of $0.26 or even $0.22. However, if market sentiment improves, there is a possibility of a price rebound towards its previous high of $0.40.
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