CandleFocus Hedera (HBAR) Price Continues to Bleed as Market Confidence Hits New Lows
2025-03-11
Author: Content Editor
The native token of Hedera, HBAR, has experienced a 7% decline in the past 24 hours and is currently trading at $0.19. The downward trend is due to weakening buying pressure and bearish market conditions. The token's Accumulation/Distribution Line has been steadily declining since March, indicating a decrease in value. The Relative Strength Index has also dropped, suggesting increasing sell-side pressure and a growing bearish momentum. If selling pressure continues, HBAR's price could drop to a three-month low of $0.19 or even $0.12. However, if new demand enters the market, the token could climb to $0.24.
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