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📊 $HBAR price in pullback mode but technicals point to big reversal
🔸 HBAR price Elliot Wave analysis
Hedera (HBAR) token dropped to $0.2147, with its volume and futures open interest falling to $193 million and $357 million, respectively.
Technical analysis suggests an eventual rebound in the HBAR price. A closer look shows that it rose from a low of $0.1265 on June 22 to a high of $0.3047 on July 27. This surge was the first phase of the Elliot Wave pattern.
The Hedera price has now entered the second phase, characterized by a pullback that is between a 50% and 61.8% retracement of the fir
🔸 HBAR price Elliot Wave analysis
Hedera (HBAR) token dropped to $0.2147, with its volume and futures open interest falling to $193 million and $357 million, respectively.
Technical analysis suggests an eventual rebound in the HBAR price. A closer look shows that it rose from a low of $0.1265 on June 22 to a high of $0.3047 on July 27. This surge was the first phase of the Elliot Wave pattern.
The Hedera price has now entered the second phase, characterized by a pullback that is between a 50% and 61.8% retracement of the fir
