The post Hedera (HBAR) Price Prediction For April 4 appeared on BitcoinEthereumNews.com.

In the past 24 hours, the price of Hbar has been facing increasing volatility as it aims for a surge above $0.17. Currently, buyers are dominating the price chart as sellers lose confidence. Hbar recorded a gain of 3%, reaching a high of $0.167. Moreover, the trading volume for Hedera has dropped by 20% over the same period, totaling around $327 million. Looking at a longer timeline, Hedera’s price dropped below $0.39 on December 3 and has been decreasing since then. On February 3, the price of HBAR crashed heavily as it dropped below $0.2. Additionally, the ongoing tariffs imposed by Donald Trump are keeping the Hbar price below $0.2. In the last 24 hours, Hedera’s market capitalization has surged by 3.7% to $6.96 billion. Hbar Faces Minor Buying Pressure As the overall mood in the crypto market becomes a bit more bullish, Hedera (HBAR) is seeing some gains. HBAR initially faced an upward push towards $0.17, but sellers are putting up a strong resistance. According to Coinglass, about $432,000 worth of HBAR trades were liquidated recently. Out of these losses, sellers accounted for roughly $153,000 while buyers took a slightly bigger hit, losing around $279,000. Currently, the market sentiment for HBAR has become slightly bearish, indicated by a decrease in trading activity. HBAR Liquidation Chart The open interest, which measures the total number of active contracts, has fallen by 2.87% to about $151 million in the last day, showing that traders are pulling back. Despite this drop, there’s a small positive signal. The funding rate has shifted to a positive 0.0073%, hinting at a possible increase in buying sentiment and potentially signaling a rebound for HBAR’s price soon. Hedera Price Prediction: Technical Analysis HBAR has seen some buying interest recently, pushing its price above the $0.16 level. Right now,…

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Filed under: News - @ April 4, 2025 10:23 pm