Hedera Hashgraph’s currency price (HBARUSD) fell in the intraday levels while trying to gather positive momentum and shake off negative pressure from the 50-day SMA, as it also vented off overbought saturation in the RSI, with the price buoyed by a positive pattern that formed in the short term, the Falling Wedge pattern. 

 

Therefore we expect the price to gain ground, provided it settles above $0.23178, targeting the pivotal resistance of $0.39200.

 

Trend forecast for today: Likely Bullish