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HBAR Price Prediction: HBAR/USD Continues Its Downward Trend, Drops 3.25% to $0.05

Linda Hamilton
Release: 2024-10-10 06:46:21
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Hedera's HBAR/USD price has decreased 3.25% over the past 24 hours to $0.05, continuing its downward trend over the past week of -1.0%

HBAR Price Prediction: HBAR/USD Continues Its Downward Trend, Drops 3.25% to <img src=.05" >

Hedera's (CRYPTO: HBAR) price has seen a decrease of 3.25% over the past 24 hours to $0.05. This continues a downward trend over the past week, with a decrease of -1.0%, moving from $0.05 to its current price.

The chart below compares the price movement and volatility for Hedera over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has decreased by 31.0% over the past week, which is opposite, directionally, with the overall circulating supply of the coin, which has increased by 0.09%. This brings the circulating supply to 37.65 billion, which makes up an estimated 75.31% of its max supply of 50.00 billion. According to our data, the current market cap ranking for HBAR is #50 at $1.90 billion.

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