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This minor dip comes after a few days of price consolidation, potentially setting the stage for a renewed upward move.
Hedera (HBAR) price slipped by 1% in the past 24 hours, diverging slightly from the broader market’s bullish momentum. This minor dip comes after a few days of price consolidation, potentially setting the stage for a renewed upward move.
On-chain indicators suggest that bullish sentiment may be returning to the HBAR market. With waning selling pressure, the altcoin might successfully chart its course above the $0.20 price mark in the near term.
HBAR’s liquidation heatmap indicates a significant concentration of liquidity at the $0.203 price region. Traders use liquidation heatmaps to identify areas where large numbers of leveraged positions are likely to be liquidated if the price reaches certain thresholds.
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