HBAR Hits Death Cross After 11 Months As Weak Inflows Stall Price Recovery

Hedera (HBAR) has struggled to regain momentum after the 27% correction that took place at the end of March. Despite attempts at recovery, HBAR’s price action is now showing troubling signs, including the formation of a death cross after 11 months, suggesting the situation may worsen. Hedera Continues To Note Bearishness The formation of a death cross is a significant technical indicator for HBAR. For the first time in nearly 11 months, the 200-day exponential moving average (EMA) has crossed below the 50-day EMA source: https://beincrypto.com/hbar-price-hits-death-cross-aftermonths/