HBAR Under Technical Pressure Ahead of October 28 Network Upgrade
- —HBAR at $0.0765 sits below its 7-, 30- and 200-day SMAs, with MACD still bearish
- —Daily volume of $66.7 million is 57.6% below the 30-day average
- —HBAR is down 36.5% over 30 days and 86.5% below its all-time high
- —Hedera v0.78.2 upgrade is set for October 28 at 17:00 UTC, lasting about 40 minutes
Why it matters: The upgrade is a verifiable catalyst, but without rising volume and a break of resistance there is no signal of a trend reversal.
Source: DiarioBitcoin