HBAR Price’s Recovery To $0.20 Could Be Marred By Weak Inflows
BeInCrypto
HBAR's potential recovery to $0.20 is threatened by weakening investor inflows, despite some positive technical signals.Summary
Hedera's native token, HBAR, is struggling to recover due to waning investor enthusiasm, evidenced by a downtick in the Chaikin Money Flow (CMF) indicator signaling weak capital inflows. This lack of accumulation makes sustaining short-term rallies difficult. Technically, the outlook is mixed; while the MACD shows early signs of a bullish crossover that could attract buying, caution remains warranted. Currently trading at $0.170, HBAR needs to break the $0.178 resistance to target $0.200, but failure to do so could lead to a drop toward the $0.162 support zone.
(Source：BeInCrypto)