Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.Hedera Hashgraph is up 3.34% today against the US DollarHBAR/BTC increased by 3.35% todayHBAR/ETH increased by 3.03% todayHedera Hashgraph is currently trading 9.05% above our prediction on Oct 23, 2023Hedera Hashgraph dropped -6.89% in the last month and is down -24.24% since 1 year agoHedera Hashgraph price$ 0.047808Hedera Hashgraph prediction $ 0.043842 (-8.79%)Sentiment BearishFear & Greed index 50 (Neutral)Key support levels$ 0.045965, $ 0.045208, $ 0.044353Key resistance levels$ 0.047576, $ 0.048431, $ 0.049188
HBAR price is expected to drop by -8.79% in the next 5 days according to our Hedera Hashgraph price prediction
Hedera Hashgraph price today is trading at $ 0.047808 after gaining 3.34% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 2.06% in the same time period. HBAR performed well against BTC today and recorded a 3.35% gain against the world’s largest cryptocurrency.
According to our Hedera Hashgraph price prediction, HBAR is expected to reach a price of $ 0.043842 by Oct 23, 2023. This would represent a -8.79% price decrease for HBAR in the next 5 days.
HBAR Price Prediction Chart
Buy/Sell Hedera Hashgraph
What has been going on with Hedera Hashgraph in the last 30 days
Hedera Hashgraph has been displaying a negative trend recently, as the coin lost -6.89% in the last 30-days. The medium-term trend for Hedera Hashgraph has been bearish, with HBAR dropping by -17.32% in the last 3 months. The long-term picture for Hedera Hashgraph has been negative, as HBAR is currently displaying a -24.24% 1-year price change. On this day last year, HBAR was trading at $ 0.063105.
Hedera Hashgraph reached its all-time high price on Sep 15, 2021, when the price of HBAR peaked at $ 0.567001. The current HBAR cycle high is $ 0.098332, while the cycle low is at $ 0.035755. HBAR has been displaying low volatility recently – the 1-month volatility of the coin is at 3.34. Hedera Hashgraph recorded 13 green days in the last 30 days.
Hedera Hashgraph technical analysis for today - Oct 18, 2023
The sentiment in the Hedera Hashgraph markets is currently Bearish, and the Fear & Greed index is reading Neutral. The most important support levels to watch are $ 0.045965, $ 0.045208 and $ 0.044353, while $ 0.047576, $ 0.048431 and $ 0.049188 are the key resistance levels.
Bearish sentiment for Hedera Hashgraph
11 indicators are currently signaling a bullish prediction for Hedera Hashgraph, while 17 indicators are showing a bearish forecast. With 61% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Hedera Hashgraph.
Crypto market is currently experiencing Neutral
Currently, the Fear & Greed index is at 50 (Neutral), which signals that investors have a neutral outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
Hedera Hashgraph moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Hedera Hashgraph is positioned in the market right now.PeriodDaily SimpleDaily ExponentialWeekly SimpleWeekly ExponentialMA3$ 0.047022 (BUY)$ 0.046721 (BUY)--MA5$ 0.046920 (BUY)$ 0.046931 (BUY)--MA10$ 0.046833 (BUY)$ 0.047021 (BUY)--MA21$ 0.048131 (SELL)$ 0.047792 (BUY)$ 0.051730 (SELL)$ 0.052198 (SELL)MA50$ 0.049349 (SELL)$ 0.049617 (SELL)$ 0.055519 (SELL)$ 0.063281 (SELL)MA100$ 0.052561 (SELL)$ 0.051324 (SELL)$ 0.105618 (SELL)$ 0.089241 (SELL)MA200$ 0.053734 (SELL)$ 0.054385 (SELL)$ 0.120111 (SELL)$ 0.109233 (SELL)PeriodValueActionRSI (14)41.24NEUTRALStoch RSI (14)60.65NEUTRALStochastic Fast (14)37.98NEUTRALCommodity Channel Index (20)-66.67NEUTRALAverage Directional Index (14)20.61NEUTRALAwesome Oscillator (5, 34)0.00NEUTRALMomentum (10)0.00NEUTRALMACD (12, 26)0.00NEUTRALWilliams Percent Range (14)-62.02NEUTRALUltimate Oscillator (7, 14, 28)47.81NEUTRALVWMA (10)0.05SELLHull Moving Average (9)0.05SELLIchimoku Cloud B/L (9, 26, 52, 26)0.05NEUTRAL
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Hedera Hashgraph is at 41.24, suggesting that HBAR is currently neutral.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Hedera Hashgraph over the last 50 days. Currently, Hedera Hashgraph is trading above the SMA 50 trendline, which is a bullish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the HBAR closing price for the last 200 days. HBAR is now trading above the SMA 200, signaling that the market is currently bullish.
The bottom line about this Hedera Hashgraph prediction
After considering the above factors, we can conclude that the current forecast for Hedera Hashgraph price prediction is Bearish. HBAR would have to decrease by -8.79% to hit our $ 0.043842 target within the next five days. Moving forward, it will be important to monitor the HBAR market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Hedera Hashgraph price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.