HBAR Price Prediction: Possible Drop Below $0.2
The current state of Hedera’s EMAs suggests caution, as the shorter-term one has started a bearish trend and is now very close to the longer-term ones. If this trend continues and results in a death cross, it could signal a bearish shift for the asset. Such a formation could put pressure on HBAR to hold the $0.275 support level.
If that support fails, HBAR could move towards the next important zone at $0.23. If the bearish momentum continues, a deeper drop to $0.17 could occur, as sellers could gain the upper hand in the market
