Hedera (HBARUSD) Price at Possible Buy Opportunity

Hedera (HBARUSD) Price Forecast: March 3

Today, the HBARUSD price saw a beautiful surge. The coin remains a possible buy opportunity for interested traders as it runs smoothly above the resistance level, indicating the investors’ confidence and interest in the asset. The crypto price will most likely continue its bullish run and could still go higher if the price can break up the $0.236 current price level, then we can expect a good upside momentum up to the $0.250 upper resistance level, suggesting a good buy entry opportunity for coin traders.

Key Levels:
Resistance Levels: $0.235, $0.238, $0.240
Support Levels: $0.198, $0.196, $0.194

HBAR (USD) Long-term Trend: Bullish (4H Chart)

The HBARUSD pair displays a high-energy bullish rally, suggesting a possible buy opportunity for traders in its higher time frame. The price is approaching overhead resistance above the moving average, confirming a bullish trend.
The cryptocurrency price has been above the supply trend levels since its most recent high due to the persistent bullish pressure over the last few days.

The Hedera price is rising from the 4-hourly chart. The price is at a possible buy opportunity at the $0.236 supply level above the EMA-50, which confirms a bullish strong breakout and a buy continuation.

If the buying pressure persists, the HBARUSD price may challenge another resistance close to the upper resistance level, signaling a robust trajectory.

Further, the bullish pattern may continue as the price indicator projects an upward move.

As a result, the bullish trend will most probably continue, and the pattern might hit the $0.250 upper high level in the days ahead, as the price remains at a possible buy opportunity in its long-term view.

HBAR (USD) Short-term Trend: Bullish (1H Chart)

On the medium-term chart, Hedera prices are at the possible buy opportunity at the top of the range, breaking its previous resistance.
Pressure from the bulls at the $0.216 high value in the previous action has sustained its upward stability in its recent high.

The HBARUSD price looks promising at the $0.235 high mark above the moving average as the 1-hourly chart opens today, suggesting a possible buy opportunity for coin investors.

If the crypto breaks out of this pattern at the current price, the coin price could surge much higher to reach the upper resistance level.

Meanwhile, buyers are clustered around the Hedera market as indicated by the momentum indicator pointing upwards, suggesting that buyers will still be in control of the coin market, and this bullish rally could lead the price to the $0.250 upper resistance level soon in its short-term view.

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