Global Stock News

Hedera crypto’s RSI hits 86.72 — can HBAR survive the pullback?

Hedera crypto’s RSI hits 86.72 — can HBAR survive the pullback?

The dominant force on the daily chart is a strong, extended uptrend that has pushed price well above every major moving average, yet the momentum readings are screaming exhaustion. When a trend gets this stretched while the broader tape is losing value, the question is not whether the move was real — it clearly was — but whether it has any fuel left before buyers need to catch their breath.

Daily chart: $HBAR extends far above its moving averages

$HBAR’s daily chart shows a strong, extended uptrend with price at $0.12 far above every major moving average, yet momentum indicators are flashing clear exhaustion signals. On the daily timeframe, $HBAR is trading at $0.12 against an EMA20 of $0.09, EMA50 of $0.08, and EMA200 of $0.08….

Source link

Share this article

Scroll to Top