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HBAR Price Analysis: Bearish Pattern Emerges, Resistance Looms at $0.179

  • Hedera (HBAR) is currently experiencing a downtrend, with technical indicators pointing towards further consolidation unless resistance at $0.173 to $0.179 is broken.
  • Current HBAR price at $0.1632 reflects a 6.51% decrease in the last 24 hours, with increased trading volume indicating ongoing market activity despite weak prices.
  • Long-term predictions for HBAR vary widely, with potential price targets ranging from $0.38 to $0.22 by 2025, based on different analyses and forecasts.
  • Technical analysis suggests that RSI below 50 signals weak bullish momentum, while MACD indicators continue to support the bearish scenario until a significant breakout above resistance occurs.

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