Hedera HBAR Price Breakout Analysis
- Price Movement Analysis: Hedera HBAR is currently priced at $0.09678, with a 24-hour trading range between $0.09231 and $0.09944, indicating increased market activity and a daily trading volume of $116.87 million, suggesting growing investor interest in the token.
- Technical Indicator Signals: Analyst CRYPFLOW highlights that HBAR's weekly chart exhibits a three-phase structure, indicating a potential end to a long-standing downtrend, with simultaneous rises in price and momentum typically signaling more sustainable breakouts, thereby boosting investor confidence.
- Improved Short-Term Outlook: Analyst Scient notes that HBAR has surpassed a key control level, breaking free from recent horizontal price action, with the current bullish target box likely to attract more investor attention, further driving price increases.
- Market Capitalization Status: HBAR's total market capitalization stands at $4.20 billion, with a circulating supply of 43.37 billion tokens; although the current price remains below its all-time high of $0.57, recent price movements indicate buyers are attempting to establish a solid base around $0.09, and a breakout above $0.10 could attract broader investor interest.
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Technical Analysis for BANK
Technical Sentiment Analysis for Lorenzo Protocol (BANK). As of , Lorenzo Protocol (BANK) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BANK stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, BANK is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Lorenzo Protocol (BANK) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0213 | 0.0271 | 0.0331 | 0.0389 | 0.0449 | 0.0507 | 0.0567 |
| Fibonacci | 0.0271 | 0.0316 | 0.0344 | 0.0389 | 0.0434 | 0.0462 | 0.0507 |
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