Hedera (HBAR) is currently trading at 0.31 USD, marking a 20% decrease since mid-January. Key technical indicators reveal ongoing bearish momentum, with significant sell pressure affecting the asset.
Should the selling pressure persist, HBAR may drop another 18% to 0.26 USD, potentially reaching as low as 0.22 USD. Conversely, increased buying activity could push HBAR to its 0.40 USD multi-year high.