Hedera Hashgraph’s currency price settled higher in latest intraday trading, boosted by trading above the 50-day SMA, but still dominated by the main downward trend, with negative signals from the Stochastic after reaching overbought levels compared to the price’s movements.

 

Therefore we expect the price to decline and target the support of $0.1385, provided the resistance of $0.1616 holds on.

 

Today’s price forecast: Bearish