Hedera awaits a potential golden cross – what does it mean for HBAR price?

HBAR is under pressure, trading below 0.20 USD since May 23, with the BBTrend indicator at -0.195 suggesting weak bullish momentum. Although the RSI indicates some recovery, it remains below 60, reflecting limited bullish conviction.

A potential golden cross in EMAs may trigger a bullish breakout if HBAR surpasses 0.175 USD, targeting 0.20 USD. However, trading must clear resistance levels to confirm a sustainable upward trend.

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