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The Hedera Hasgraph (HBAR) price forecast may move consistently within the channel as the coin moves higher.

Hedera Hasgraph Forecast Statistics Data:

  • Hedera Hasgraph price now – $0.067
  • Hedera Hasgraph market value – 1.43 billion dollars
  • Hedera Hasgraph circulation supply – 21 billion
  • Hedera Hasgraph total supply – 50 billion
  • Hedera Hasgraph Coinmarketcap Rank – #41

HBAR/USD market

Key steps:

Resistance levels: $0.080, $0.090, $0.100

Support levels: $0.055, $0.045, $0.035

HBAR trades with a yield of 5.97%;  10000X returns come on TAMA
HBARUSD – Daily Chart

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Based on the daily chart, HBAR/USD is likely to stay above the 9-day and 21-day moving averages. Over the past few days, the price of Hedera Hasgraph has been struggling to cross over to the positive side. As noted on the daily chart, the technical indicator relative strength index (14) is moving to cross above the 60-level, confirming the bullish movement of the coin.

HBAR prices are poised for upside as buyers prefer TAMA.

As the daily chart shows, Hedera Hasgraph’s price is currently heading north. If the coin continues its bullish movement, the bulls may cross above the upper boundary of the channel to hit the $0.080, $0.090 and $0.100 resistance levels. At the time of writing, HBAR/USD is showing moderate bullish activity in the daily chart.

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Conversely, if the coin slips below the 9-day and 21-day moving averages, it may bring the coin back to the $0.055, $0.045 and $0.035 support levels respectively. Meanwhile, long-term buyers should not worry about the minor impact down the road, as HBAR’s future is confirmed by the technical indicator Relative Strength Index (14).

On Bitcoin, the Hedera Hasgraph price is hovering within the 9-day and 21-day moving averages as the coin moves to cross to the positive side. The relative strength index (14) of the technical indicator also confirms the bullish movement when the signal line moves to cross above the 50-level. On the contrary, if the technical indicator turns and looks downwards, a decline is likely, and it may cross below the lower border of the channel to hit the support level of 280 SAT and below.

HBARBTC – Daily Chart

Meanwhile, further bullish activity above the moving averages could push the coin towards the resistance level of 340 SAT and above, which could take the coin to new highs and the market could remain in the brush zone for some time.

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