Hedera Price Analysis: HBAR Falls 4% as Analyst Eyes Possible Rebound From Support
The post Hedera Price Analysis: HBAR Falls 4% as Analyst Eyes Possible Rebound From Support appeared on BitcoinEthereumNews.com. Hedera weakened over the past 24 hours, but short-term charts still show buyers defending the broader recovery zone. BraveNewCoin data placed HBAR at $0.09587, down 4.26%, after the price moved between $0.09387 and $0.10 during the session. Meanwhile, Crypto Tony said he is waiting for a “dip and pump” setup on HBAR. His chart points to a possible support retest before any stronger rebound attempt develops. HBAR Pulls Back After Recent Spike Hedera’s latest price action shows a sharp cooldown after the token recently pushed above the $0.10 area. BraveNewCoin data showed HBAR with a market cap of $4.17 billion and a 24-hour volume of $180.02 million. The token remains far below its all-time high of $0.57, reached on Sept. 15, 2021. At the current price, HBAR trades about 83.07% below that peak. Even so, the token still ranks 33rd by market position on the data