HBAR has been grinding up for almost three months now. During this period, we've only seen a spectacular move during the early days of September. Since then, the price has practically traded sideways, but making higher lows in the process.
The $0.40 area seems to be holding as a strong resistance. However, I'm expecting this resistance to (finally) break in the coming days. Once this area is broken, a lot of investors will be pouring in due to HBAR finally making a new local high.
Target area for the break out is placed around the current all time high: between $0.50 and $0.57.
Happy trading!
The $0.40 area seems to be holding as a strong resistance. However, I'm expecting this resistance to (finally) break in the coming days. Once this area is broken, a lot of investors will be pouring in due to HBAR finally making a new local high.
Target area for the break out is placed around the current all time high: between $0.50 and $0.57.
Happy trading!
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