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 transferring 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 whole 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 response to the day by day chart, HBAR/USD is hovering above the 9-day and 21-day transferring 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 patrons maintain the coin above this barrier, it could create further positive factors.

Hedera Hashgraph Worth 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 further bullish traits. In response to the day by day chart, the bullish state of affairs is stepping again into the market as patrons proceed to publish agency commitments into the market. Nonetheless, 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 doable swing could doubtless come into the market to retest the earlier assist if the coin slides under the 9-day and 21-day transferring averages. Nonetheless, if the bears handle to gasoline the market, merchants could count on an additional 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

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

However, if HBAR/BTC slides under the 21-day transferring common, it may refresh lows and will doubtless meet the main assist at 165 SAT and under. 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 Alternate 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. Nonetheless, if the bulls enhance the stress, 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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