The price of HBAR has continued to disappoint. It has dropped approximately 26% in the last month and nearly 67% year-on-year, reflecting a persistent weakness in both price and participation. What makes the current moment more relevant is the current quote of HBAR. The price could reach levels last tested in October 2024, which could mark a multi-month low again.
The collapse of the chart is clear and buying pressure has progressively decreased. However, an unusual metric suggests that the downtrend may be about to exhaust. The key question is whether that outlier can be relevant now.
HBAR
0.1089
-1.63%