Ah, dear Hedera (HBAR), once soaring high on its lofty promises, now plummeting down like an overconfident pigeon in a thunderstorm. After crashing nearly 50
Are they actually using the blockchain? A question worth pondering as we watch this soap opera unfold. 🍿
HBAR Price Technical Analysis: A Tale of Woe
The HBAR token, once basking in the glow of optimism, has now plummeted from a high of $0.3052 to a current low of $0.1600. A dramatic fall, wouldn’t you say? One might even think it’s auditioning for a role in a tragedy. 🎭
Things took a turn for the worse when the double-bottom pattern was invalidated, and the price fell below the crucial $0.2065 support level. Alas, the death cross is looming! The dreaded 50-day and 200-day moving averages are about to cross paths-an omen of further decline, according to market folklore. ⚔️
To make matters worse, the coin has now dipped below the Ichimoku Cloud, which is like crossing into a storm without an umbrella. Expect the fall to continue as the bears target the next support level at $0.1015. It’s a harsh world out there for HBAR, and it looks like there’s more pain ahead. 😓
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2025-10-17 23:39