HBAR Price Nears 3-Month Old Support, But Traders Predict Strong Comeback

HBAR has experienced a consistent decline, and the price continues to move downward despite traders’ optimism for a potential recovery. The altcoin, which has faced downward pressure in recent weeks, has not yet found a solid support floor. However, traders remain hopeful that a recovery could be on the horizon, though market conditions remain challenging. Hedera Traders Are Placing Long Contracts Currently, HBAR’s funding rate is positive, indicating that long positions are dominating short contracts in the market source: https://beincrypto.com/hedera-hbar-price-nears-key-support/