- HBAR coin price trend resumed from EMA-200 during intraday trading
- HBAR 24-hour trading volume was 23.434 million US dollars
- HBAR/BTC pair with 11.89% of the positive trading price is 0.000005888 BTC
The daily technical chart of the HBAR coin predicts an upward trend on Friday. According to the pivot point, the important support level for HBAR is $0.17. If it does arise, the basic resistance to watch is $0.26. In addition, the chart also has a bullish engulfing candle pattern, indicating that the bulls can control the price movement.
The exponential moving average (EMA) composed of 200-EMA serves as reliable support for currency price changes. Investors can observe the test price and pullback above the red line until the price is above the EMA, which will ensure the uptrend of HBAR.
The MACD indicator crossed above the (bullish) signal line on June 15th, indicating a buy signal. On the coin. In addition, investors can see multiple green bars pop up on the Histogram index.
Trading volume (69.88 million) showed good buying near the 20-day moving average (100.03 million). Traders are putting buying pressure on the order book to push their price levels close to the resistance zone. Investors can also observe a decrease in trading volume on the chart, resulting in large forward fluctuations.
Parabolic SAR indicates that a sell signal appears during the session, and it will ensure a downward trend in HBAR until the yellow dot stays above the price candle.
HBAR Coin MACD Marks A Bullish Reversal
The price of the HBAR coin is 0.22 US dollars. It has risen by 7.8% in the past 24 hours and by 7.5% in a week. In addition, HBAR price tested EMA-200 and gave a pullback. In comparison, the market value is $1.914 billion. Technically, investors can think that the price is above EMA-200. The MACD indicator shows a buy signal. Therefore, good transaction volume is presented during the day. Thus, the Parabolic SAR indicator also implies a sell signal. In addition, price changes may be unlimited by the scope of future trading sessions.
Resistance: $0.26
Support: $0.17