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Year-Long HBAR Price Uptrend At Risk as “Death” Crossovers Loom

HBAR has been one of the strongest performers over the past year, with gains of nearly 350%. Even in the last three months, it is still up about 30%. But the short-term picture looks weaker. The HBAR price trades at $0.21, down 7.6% over the past week and month. If signals now flashing on the charts play out, Hedera’s year-long uptrend could finally be at risk. Bearish Signals and Weak Buying Point to Deeper Risk On the 12-hour chart, two key bearish crossovers are closing in. The orange 20-EMA (Exponential Moving Average) line is closing in on the 100-EMA line (sky blue), while the red 50-EMA line is approaching the deep blue 200-EMA line. If both lines cross down, they…

Source: beincrypto.com — Read the full article
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