Hedera's price rose in latest intraday trading and retested the resistance of $0.16164, amid the dominance of the main downward trend in the short term, with negative pressure due to trading below the 50-candle SMA, while a negative divergence forms in the Stochastic after reaching overbought levels compared to the price's movement.

Therefore we expect the price to fall in upcoming trading as long as the resistance of $0.16164 holds on, targeting the important support of $0.15016.

Todays price forecast: Bearish