Crypto
HBAR Price Stalls at $0.08 as Bulls and Bears Vie for Control
HBAR's price is coiled at $0.08, with whales holding long positions and taker buying dominating the market.
The asset has been up 1.30% on the session, sitting at the intersection of its 7-day, 20-day, and 200-day moving averages.
A decisive close above $0.085 could open the door to a breakout, but momentum is stalling at the upper Bollinger Band.
The compression of the Bollinger Bands is a key tell, indicating that volatility has contracted to almost nothing and historically precedes an expansion move.