HBAR Price Struggles Below Key Resistance

Hedera's native token, HBAR, has seen its price drop significantly, currently trading at $0.065 and sitting around 88.55% below its all-time high of $0.57.

This represents a substantial decrease in value for the token, which now has a market capitalization of $2.86 billion with a circulating supply of 43.83 billion coins.

The current price level is near an immediate support zone and faces dense resistance areas, making it harder for buyers to breach these levels.