HBAR to recover from this drop?
HBAR has been grinding up and has reacted well during this BTC drop. A retrace back to 0.064 is possible and if it holds the 365 day MA it should be prime for a rip up.
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This one has played out to perfection, barring any bad news regarding the BTC ETF I think HBAR can make a move towards $0.20 which is where I expect major resistanceNote
We can see that this one reached the 0.10 target and has now retraced and respected the trend line I had applied. If we continue to hold we should see higher prices in 2024.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.