HBAR Price Faces Resistance: Can It Break Through $0.20?
HBAR struggles to break the $0.200 resistance while showing signs of increased volatility. A potential short-term price surge is anticipated, but ongoing challenges may prevent sustained growth.
HBAR is currently experiencing difficulty in surpassing the significant resistance level of $0.200, leading to a period of increased volatility. Despite these challenges, there is potential for a short-term bullish trend, possibly resulting in a brief price surge before further fluctuations occur.
In summary, while HBAR is facing resistance at $0.200, there may be a temporary opportunity for a price increase fueled by rising volatility. However, ongoing challenges could lead to sustained downward pressure if the correlation with Bitcoin continues to weaken, impacting HBAR’s ability to maintain critical support levels.
Original Source: beincrypto.com
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