Hedera (HBAR) Bleeds 7%, More Pain Ahead as Bears Tighten Grip

HBAR has recorded a 7% drop over the past week, underperforming the broader crypto market, which has shown signs of a mild recovery.   A closer look at the technicals paints a bleak picture, with key indicators suggesting the selloff may continue in the short term. HBAR Bulls Step Back as Sellers Gain Ground An assessment of the HBAR/USD one-day chart shows that the token’s Relative Strength Index (RSI) remains below the neutral 50 level and continues to trend downward. As of this writing, this momentum indicator is at 43 source: https://beincrypto.com/hbar-token-bleeds-more-pain-ahead/