HBAR breakout continuation faces test as RSI flashes bearish divergence
Price Movement and Technical Analysis: HBAR has experienced a 30% surge following a breakout from a double bottom pattern, reaching $0.299, but faces potential short-term pullback due to bearish RSI divergence and overbought conditions.
Future Developments and Support Levels: Upcoming events include the launch of a Hedera ETF proposal and a mainnet upgrade on July 23, while key support levels are identified at $0.253 and $0.229, which may influence future price movements.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for ZBCN
Technical Sentiment Analysis for Zebec Network (ZBCN) As of , Zebec Network (ZBCN) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ZBCN 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, ZBCN 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 $-.
Zebec Network (ZBCN) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000423 | 0.000961 | 0.00154 | 0.00208 | 0.00266 | 0.00319 | 0.00377 |
| Fibonacci | 0.000961 | 0.00139 | 0.00165 | 0.00208 | 0.0025 | 0.00277 | 0.00319 |
About ZBCN
About the author
