The value of Hedera (HBAR) has decreased by 12% in the past week, reaching its lowest level in seven days. Futures traders have been increasingly requesting short positions, indicating their expectation for further price drops. The Long/Short Ratio for HBAR currently stands at 0.86, indicating a bearish sentiment as there are more short positions than long positions. The low activity in the HBAR futures market, as shown by the declining open interest, further confirms this bearish outlook. The falling Accumulation/Distribution Line (A/D Line) on the daily chart suggests weak buying activity and a lack of confidence in HBAR's price. If selling pressure continues to strengthen, HBAR's price could potentially drop below $0.24 and reach $0.16, while an increase in demand may drive the price up to $0.33.



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