The cryptocurrency market is seeing a focus on utility-driven assets, particularly Hedera (HBAR) and XRP, which offer unique blockchain solutions. However, recent price movements indicate bearish sentiment, with both tokens experiencing declines. Hedera (HBAR) has seen a sharp decline of 5.69% and may continue to drop. Key support levels are identified at $0.3100 and $0.3000. XRP has also seen a decline of 3.77% and may continue to consolidate near $2.45. Key support levels are at $2.45 and $2.40. Short-term technicals for both tokens indicate bearish conditions. Traders are advised to exercise caution and be strategic in their trades.
- Content Editor ( coinedition.com )
- 2024-12-09
HBAR and XRP: Bearish Trends Put Utility Tokens Under Pressure