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Analyst Marks $0.07 to $0.08 Range for Hedera's HBAR Token

Crypto Patel also lists $0.30, $0.60 and $1 as projected targets. An Oct. 18 spot check placed HBAR at $0.08767.

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A steel token rests between two unmarked calibration notches / TokenPost.ai
A steel token rests between two unmarked calibration notches / TokenPost.ai

Crypto analyst Crypto Patel has marked $0.07 to $0.08 as a possible return range for Hedera's HBAR token, below the price recorded in an Oct. 18 spot-market check.

Patel also identified $0.30, $0.60 and $1 as potential targets. Those figures describe his outlook, not prices established by the market check.

In an Oct. 18 review of HBAR trading, Binance's HBAR/USDT spot pair stood at $0.08767 at 7:25 a.m. ET (11:25 UTC). The review identified $0.08 as support and $0.09 as resistance. It also placed the 200-day simple moving average and the lower Bollinger Band at $0.08, the upper end of Patel's proposed range.

Enna Lee

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Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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