As Bitcoin drops back under the psychological mark of $35K, the altcoins market takes a short pullback. Similar to other altcoins, the HBAR coin price also takes a hit and retests the 200-day EMA.
Regardless of the shortcomings, the overall upcycle sustains momentum with a 19% recovery in the last two weeks.
Taking a double bottom reversal from the $0.045 mark, the HBAR price trend showcases a positive trend within a symmetrical triangle. The recovery rally crosses above the 50-day EMA and…