The post HBAR Price Under Pressure Warns $0.10 Crackdown appeared first on Coinpedia Fintech News
With the broader market rally taking a small pause over the weekend, the uptrend in altcoins takes a pause as well. Amidst the slowdown, the HBAR price trend stands at a crossroads, as the price action shows a critical stage.
As the bullish trend in the Hedera token faces solid supply pressure at higher levels, the uptrend is under question. Will the bull run continue for this altcoins with the broader market recovery? For long-term analysis, check out our HBAR price predictions that hint at a bull run to $1.
Is Hedera Taking A Quick Reversal?
Following the double bottom breakout rally in the weekly chart, the HBAR price trend sustains the bullish momentum. The uptrend in the Hedera token forms a higher high trend after the post-retest reversal to reclaim the $0.10 psychological mark.
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Furthermore, the HBAR price action forms a bullish expanding channel with two d
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