CDS Crypto News Hedera (HBAR) Demonstrates Moderate Volatility Amidst Market Trends
Crypto News

Hedera (HBAR) Demonstrates Moderate Volatility Amidst Market Trends

213
Hedera (Hbar) Demonstrates Moderate Volatility Amidst Market Trends

Hedera (HBAR) Demonstrates Moderate Volatility Amidst Market Trends

Crypto NewsHedera (HBAR) has maintained a relatively steady level of volatility compared to other cryptocurrencies. As of Monday, Payments/Other has seen a 1.04% increase, reaching $0.07887767857.

Characterized as Moderately Volatile InvestorsObserver assigns Hedera a moderate volatility rank of 29, positioning it in the lower 29% among cryptocurrencies in the market.

Hedera (Hbar) Demonstrates Moderate Volatility Amidst Market Trends

The Volatility Gauge emphasizes that a single day does not dictate its volatility rank; rather, a trend is a more accurate indicator. HBAR’s moderate volatility rating aligns with a low score on the Risk/Reward Gauge, indicating that the coin experiences moderate price fluctuations while being resilient against price manipulation.

Looking ahead, HBAR price is positioned favorably. The support level stands at $0.0751094224400062, with resistance set at $0.080990612739994. This positioning provides HBAR with ample room for upward movement before encountering significant selling pressures.

Hedera (Hbar) Demonstrates Moderate Volatility Amidst Market Trends

Leave a comment

Leave a Reply

Related Articles

Sui Blockchain Faces First Major Outage: What Happened and What’s Next

Sui blockchain faces its first major outage—learn what happened, the impact on...

MicroStrategy Stock Reaches New High as Bitcoin Surges Above $98,000

MicroStrategy’s stock surged to a new all-time high as Bitcoin reached $98,000,...

Mysten Labs Resolves Sui Blockchain Outage, dApps Resume Functioning

Mysten Labs Resolves Sui Blockchain Outage, dApps Resume Functioning

Top 3 Cryptos on November 21: Qubetics Soars as Ethereum and Solana Face Resistance

Top 3 Cryptos on November 21: Qubetics Soars as Ethereum and Solana...