Hedera (HBAR) remains afloat in a volatile market, showing only a minor decline amid an overall drop in altcoins.
Current Price and Support for HBAR
HBAR is trading at around $0.232, down about 3% compared to previous levels. However, this is still significantly higher than recent lows below $0.13, indicating a strong position for the asset.
HBAR Chart Analysis
According to the 4-hour chart, HBAR broke through resistance at $0.17 on July 10, triggering a wave of buying that pushed the price above $0.25. Although HBAR has since pulled back, support levels show resilience around $0.22 to $0.23 while the RSI remains around 70, indicating a slight market overbought condition.
Short-Term Price Prediction for HBAR
The outlook for HBAR remains stable as long as the price stays above $0.22. If bulls can push the price back above $0.24, a retest of the $0.25–$0.26 zone could be possible. Otherwise, support around $0.21 could also hold against further declines.
Hedera shows resilient positions in the face of market volatility, with growth potential as long as key support levels are maintained.
