HBAR Holds Ground Against Market Trends
Main Idea
HBAR's value declined by 2% over the last 24 hours despite the overall market uptrend, with capital outflows and selling pressure contributing to the negative sentiment.
Key Points
1. HBAR's spot market experienced capital outflows totaling $6.42 million, increasing selling pressure.
2. The Chaikin Money Flow (CMF) indicator for HBAR showed a negative reading, reflecting dwindling buying interest and rising selling pressure.
3. HBAR is trading at $0.2663, just below the upper band of $0.2667, with potential to retreat to the $0.2591 support level if selling pressure continues.
4. Experts suggest that if buying interest recovers, HBAR's price could break through resistance and rise to $0.2905.
Description
HBAR displays a sideways trend, declining 2% in 24 hours against market uptrends. Coinglass data shows $6.42 million outflows, indicating cautious investor sentiment. Continue Reading: HBAR Holds Ground Against Market Trends The post HBAR Holds Ground Against Market Trends appeared first on COINTURK NEWS .
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