$HBAR Hedera Price Analysis

#Hedera began the previous week with a 1.38% decline, settling at $0.194. On Tuesday, the price rebounded by 0.58%, crossing the 20-day SMA to close at $0.195. The bullish momentum continued Wednesday with a 1.59% gain, settling at $0.198. Thursday saw a strong 4% surge, pushing HBAR above $0.20 to settle at $0.205. However, the rally faltered on Friday, with an 8% drop that sent HBAR below the 20-day SMA, closing at $0.189.


The bearish trend persisted over the weekend, with a 1% decline on Saturday to $0.187. Despite selling pressure, #HBAR eked out a marginal gain on Sunday, closing at $0.188. This week started weakly, with a nearly 2% drop on Monday, settling at $0.184. Tuesday saw a 1.38% recovery, but Wednesday brought a 0.56% decline, with HBAR hitting an intraday low of $0.180 before closing at $0.186. In the current session, HBAR is slightly down, with sellers aiming to push it below the 50-day SMA, while buyers strive to reclaim the 20-day SMA.

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May 29, 2025 at 3:19 PM
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