Hedera (HBAR) talabning oshishi narxning ko’tarilishi umidlarini qayta jonlantiradi

Hedera’s HBAR token has managed to rise by 1% in the last 24 hours, despite the overall market decline. Currently, the altcoin is priced at $0.17.

This increase is happening because there is a new interest in buying the altcoin. This is shown by important technical indicators on the daily chart.

HBAR ko’tarilish tendensiyasi kuchaymoqda

The Moving Average Convergence Divergence (MACD) for HBAR shows that on April 9, the MACD line (blue) went above the signal line (orange). This is known as a “golden cross.”

A golden cross happens when the MACD line crosses above the signal line. This suggests a possible upward trend and more buying interest. It shows that HBAR’s upward movement is getting stronger. Investors often see this pattern as a sign to buy.

Additionally, HBAR’s Relative Strength Index (RSI) is close to moving above the 50-neutral line. This indicates a rise in new demand for the altcoin. The RSI is currently at 49.17 and is trending upwards.

The RSI indicator helps to understand if an asset is overbought or oversold. It ranges from 0 to 100. If the value is above 70, it means the asset might be overbought and could decrease in price. If it is below 30, the asset might be oversold and could increase in price.

With an RSI of 49.17 and rising, HBAR is moving from a negative zone to a more neutral area. If the RSI goes above 50, it would show growing positive sentiment, which could increase HBAR’s value.

HBAR kuchli sotib olish bosimi ostida $0.19 ni ko’zlamoqda

HBAR’s recent increase has pushed its price above the important resistance level of $0.16. This level has kept the token in a downward trend since March 30.

With more buying interest, the token might turn this resistance into a support level. If this happens, HBAR’s price could rise to $0.19.

However, if traders start selling to take profits, HBAR’s current rise could stop. The token’s price might then fall below $0.16 and go down to $0.12.