Are Bears Of HBAR Halting The Run?Hedera has a market cap of $3.23 Billion and is ranked 32nd in the cryptoverse. It has observed a decline of 54% in the overall volume in the intraday session. HBAR is currently trading near the value of $0.09 with a slight gain in the intraday session.
The asset price is currently forming bearish candles on the daily chart. It is trading below the 50 and 100 EMA on the daily chart. The upside trend of HBAR can see a halt near the value of $0.125. Meanwhile the support of the asset price can be seen near $0.085.
The RSI of the HBAR is near 32 with a strong negative slope. The overall sentiment of the RSI is bearish in nature.