Hedera’s HBAR experienced 4 million USD in spot inflows after a six-day outflow of 26 million USD. This surge in inflows signifies increased purchase activity, suggesting heightened interest among investors. Such movements often reflect shifts in market demand, indicating potential for either stabilization or further volatility in HBAR’s price.
Despite increased demand, indicators like the True Strength Index and MACD show bearish signals for HBAR. These suggest ongoing selling pressure. HBAR’s current trading near 0.28 USD highlights a possibility of falling to 0.24 USD or rising to 0.33 USD, contingent on market sentiment and prevailing economic conditions.
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