Is It Too Late To Buy HBAR? Hedera Price Surges 176% In A Week And This Might Be The Next Crypto To Explode
The Hedera price soared 176% in the last week and 46% in the last 24 hours to trade at $0.3689 as of 11:50 p.m. EST on trading volume that skyrocketed 128% to $7.8 billion. Hedera Price Indicators Signal A Continued Uptrend The Hedera price has been in a continued surge in November, as the parabolic curve shows, after the bulls took advantage of the $0.045 support, according to data from GeckoTerminal . After the upsurge, the HBAR price rose gracefully above both the 50-day and 200-day Simple Moving Averages (SMAs), forming a golden cross around the $0.0738 level. This supported the parabolic rise, as it also continues to support the general bullish outlook. Moreover, the Relative Strength Index (RSI) is currently at 89, which indicates overbought conditions, and a value near 90 suggests extreme overbought levels. The Moving Average Convergence Divergence (MACD) also supports the bullish outlook, as the blue MACD line crosses above the orange signal line. If the price of Hedera ...