Hederas currency price (HBARUSD) rose in latest intraday trading, supported by ongoing positive pressure from trading above the 50-period SMA, amid the dominance of the upward correctional trend in the short term and trading alongside a rising trend line. With this rise, the price is now attacking the current resistance level of 0.16118, after previously venting off its overbought saturation on the Stochastic, allowing positive signals to start emerging.

Therefore we expect the currency to rise in upcoming intraday trading, especially if it breaches the mentioned resistance of 0.16118, targeting the next resistance at 0.17530.

Todays price forecast: Bullish