Hedera Hashgraph Price Prediction for Today, December 20 – HBAR Technical Analysis

The Hedera Hashgraph value prediction reveals that HBAR may keep above the 9-day and 21-day shifting averages.

Hedera Hashgraph Prediction Statistics Knowledge:

Hedera Hashgraph value now – $0.086
Hedera Hashgraph market cap – $2.8 billion
Hedera Hashgraph circulating provide – 33.5 billion
Hedera Hashgraph complete provide – 50 billion
Hedera Hashgraph Coinmarketcap rating – #30

HBAR/USD Market

Key Ranges:

Resistance ranges: $0.100, $0.105, $0.110

Help ranges: $0.070, $0.065, $0.060

In keeping with the every day chart, HBAR/USD is hovering above the 9-day and 21-day shifting averages because the coin crosses above the higher boundary of the channel. The cryptocurrency is more likely to keep above the higher boundary of the channel, and will the consumers maintain the coin above this barrier, it might create extra features.

Hedera Hashgraph Value Prediction: HBAR/USD Might Spike to the Upside

The Hedera Hashgraph value is buying and selling bullishly, if the resistance of $0.090 offers method, the bulls could cross above the higher boundary of the channel, and the coin may create extra bullish traits. In keeping with the every day chart, the bullish situation is stepping again into the market as consumers proceed to publish agency commitments into the market. Nevertheless, merchants may see a pointy rise available in the market if the coin reclaims the resistance degree of $0.090; this might additional strengthen the market to the resistance ranges of $0.100, $0.105, and $0.110.

On the draw back, a decrease potential swing could doubtless come into the market to retest the earlier assist if the coin slides beneath the 9-day and 21-day shifting averages. Nevertheless, if the bears handle to gasoline the market, merchants could count on an extra drop to the assist ranges of $0.070, $0.065, and $0.060 respectively. However, the 9-day MA stays above the 21-day MA, indicating that the market could proceed with the upward motion.

HBAR/BTC Trades Bullishly

In opposition to Bitcoin, the Hedera Hashgraph value stays above the 9-day and 21-day shifting averages in different to cross above the higher boundary of the channel. Nevertheless, this resistance degree is predicted to successfully exceed in order that the market value could find yourself closing above it.

However, if HBAR/BTC slides beneath the 21-day shifting common, it may refresh lows and will doubtless meet the foremost assist at 165 SAT and beneath. In the meantime, if the coin crosses and stays above the higher boundary of the channel, HBAR/BTC may hit the potential resistance at 235 SAT and above because the 9-day MA stays above the 21-day MA.

Hedera Hashgraph Options

The Hedera Hashgraph value is presently buying and selling with a achieve of 6.52% because it crosses the higher boundary of the channel. Nevertheless, if the bulls enhance the strain, the market value could hit the potential resistance degree of $0.090. In the meantime, the bears could return to the market and make the coin slide towards the decrease boundary of the channel.

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