This is a HBAR news story, published by CoinGape, that relates primarily to Hedera Hashgraph news.
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HBAR priceCoinGape
•63% Informative
Price of Hedera Hashgraph fell by 5.9% in the last 24 hours to trade around $0.0708 during European business hours.
The price of the hashgraph is trending below the 50-day and 200-day simple moving averages ( SMA ) The previous HBAR price action since November 2023 constitutes a huge head-and-shoulders pattern, which is generally not bullish for any financial asset.
The previous price action has been dropping for the most part of the last two months .
Despite the lagging price, HBAR has one of the strongest fundamentals in the crypto space.
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