Hedera's HBAR saw a significant increase in spot inflows of $2.46 million, causing a 2% increase in price. However, technical indicators suggest that this price increase may be short-lived and a potential price correction could occur. The bearish sentiment is supported by the red histogram bars of the Awesome Oscillator and the positioning of the MACD lines. If bearish pressure continues, HBAR's price could drop to $0.26 or even $0.24. Alternatively, if the bulls regain control, the price could surpass $0.33 and reach $0.40.
Content Editor ( beincrypto.com )
- 2025-01-28
Hedera (HBAR) Rally Stalls Despite $2.46 Million Spot Inflows Spike
