1
Hedera crypto price was at $0.105 registering a negative intraday development of nearly 2.0%
2
The technical outlook showcases a positive outlook above the 20, 50 and 200-Day EMAs.
The Hedera crypto is holding lower on grounds for the last two intraday sessions. The crypto pair took dipped towards the lower side after a short term bull run which helped the crypto break out of a correction phase and reclaim higher levels.
Earlier, the HBAR crypto gathered momentum and climbed above $0.113, breaking out of the correction phase. Last week, the crypto extended its journey slowly and steadily upwards, which could be an early sign of a breakout.
However, the buyers played aggressive bullish bets on Monday due to which the price lifted off nearly 25% on Monday. The breakout on the higher side has invalidated the short-term correction phase.
Currently, the price is edging lower in the last two sessions. It might be due to the profit booking af
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