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NewsBTC 2022-10-07 20:00:02

Hedera Hashgraph Pops Out From Downtrend, Will Price Retest $0.1

HBAR’s price shows the market a glimpse of bullish hope as the price broke out of its long-range movement with strong volume. HBAR trades above key resistance as price breaks out of range holding above 8 and 20-day EMA. The price of HBAR eyes a recapture of $0.1 as key resistance was flipped into support with more buy orders. The price of Hedera Hashgraph (HBAR) has continued to show its strength as price trends with a key breakout from a downtrend range against tether (USDT). With the crypto market cap bouncing from its weekly low as the market continued to look promising, the Hedera Hashgraph (HBAR) price was not left out as the price broke out of its long daily range, with the price trending to a higher height. (Data from Binance) Related Reading: Bitcoin Struggles To Retain The $20,000 Mark While ENS Protocol Gains Hedera Hashgraph (REEF) Price Analysis On The Weekly Chart. The crypto market received relief, as most crypto altcoins expected. However, despite the recent price surge in most crypto assets, some altcoins have remained range-bound. As the price of HBAR could not break out with real volume in previous months, it was stocked in a range-like box. HBAR’s price continued to move between $0.05 and $0.077 before breaking out and trending higher. After a long-term movement, and with the month looking good for most altcoins, as many refer to it as the month of Uptober, the price of HBAR could be set for a br...

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