- Hedera (HBAR) has been trading in a range between $0.04188 and $0.04333.
- The buyers have managed to hold above the $0.04 key support level.
- The prices are facing a firm resistance at $0.05.
Hedera price action in the last 24 hours has been in a narrow range with a bullish bias. The cryptocurrency has formed a bull flag pattern between the key levels of $0.04188 and $0.04333.
The buyers have managed to hold above the critical support level of $0.04, forming higher lows at regular intervals. This is indicative of the underlying strength of the digital asset that has been on a firm uptrend in the last 24 hours, moving from an intraday low of $0.0402 and reaching a high of $0.04285 in the same time period.
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