Hedera is bearish on its 1D technical outlook (RSI = 40.045, MACD = -0.011, ADX = 33.721) as it had a strong 1D MA50 rejection and approached its 1D MA200 seeking support. If it holds, the Channel Down of the past 3 months will turn out to be a Bull Flag that will greadually push the price to the HH trendline for the Cycle's Top. We believe that could be at $1.00 by the end of 2025.
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Telegram: t.me/investingscope
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Over 65% accuracy on Private Signals Channel.
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investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.