Binance Expands USDC Margin Trading with 6 New Pairs
Binance's New Offerings: Binance has introduced new USDC-pegged margin trading pairs for six tokens, aiming to enhance trading experiences and attract more investors despite mixed performance in the cryptocurrency market.
Token Performance Overview: The listed tokens have shown volatility, with Catizen (CATI) and MANTRA (OM) experiencing declines, while Hedera (HBAR) and Raydium (RAY) showed some gains; overall, market participants remain cautious amid fluctuating prices.
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Technical Analysis for HBAR
Technical Sentiment Analysis for Hedera (HBAR) As of , Hedera (HBAR) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 0 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for HBAR stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, HBAR is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Hedera (HBAR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0481 | 0.0601 | 0.0748 | 0.0868 | 0.101 | 0.113 | 0.128 |
| Fibonacci | 0.0601 | 0.0703 | 0.0766 | 0.0868 | 0.0969 | 0.103 | 0.113 |
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