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BTCC / BTCC Square / Global Cryptocurrency /
Hedera HBAR Nears Golden Cross – Bullish Signal or False Hope?

Hedera HBAR Nears Golden Cross – Bullish Signal or False Hope?

Author:
Global Cryptocurrency
Published:
2025-06-09 23:04:14
11
1
[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN]
Hedera HBAR News -

Hedera's HBAR is showing early signs of recovery but remains weighed down by bearish technical indicators. The BBTrend, which measures Bollinger Band momentum, remains negative at -0.195 despite improving from June's lows, indicating ongoing selling pressure.

A potential golden cross formation in the EMA lines suggests bullish possibilities, but HBAR lacks strong momentum to confirm the pattern. The RSI's inability to break above 60, despite recovering from oversold conditions, highlights the tentative nature of this rebound. Traders are watching for stronger bullish confirmation to test key resistance levels.

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