Bitcoin btc
$ usd
Technical Analysis

HBAR Continues Ongoing Correction Since Reaching All-Time High

2 mins
Updated by Ryan James

In Brief

  • HBAR is trading inside a descending parallel channel.
  • There is support at $0.19.
  • HBAR/BTC has reclaimed the 480 satoshi support area.
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Cryptocurrency trader @DLinkbull tweeted an HBAR chart, stating that the ensuing upward movement could mirror that of MATIC. While there is potential for a significant upward movement, a breakout from the channel would be required first.

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Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions.

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