HBAR price saw a slight decline due to increasing bearish sentiment among investors, failing to sustain recent gains. The correlation between HBAR and Bitcoin has dropped to 0.26, the lowest in two months. Investor sentiment remains bearish, impacting price stability. HBAR is projected to drop by 5% to $0.102, following a double-top pattern formation. To reverse the bearish scenario, HBAR needs to reclaim $0.109 as support. A recovery to $0.113 would signal strength and a trend reversal. Further corrections are possible without renewed confidence and external market support.
Read more at Yahoo Finance: HBAR Price Forms Double Top, Faces A Minor Crash; Can Bitcoin Save It?
