HBAR Breaks Through Short-Term Resistance, Eyes Higher High

The price of HBAR has broken through its short-term resistance and is now on the hunt for higher highs.

The cryptocurrency, currently trading at $0.07, saw a brief spike to $0.07267 earlier in the day before settling around the $0.07 mark.

Technical indicators are also pointing towards a possible recovery, with the Relative Strength Index (RSI) reaching 47.96 and the Moving Average Convergence Divergence (MACD) showing weak signs of a turnaround.

The next key level to watch will be the September 2021 high of $0.57, which could determine the direction of HBAR's price action in the short term.