Hedera HBAR Gains 4% as Market Eyes Potential Reversal, While Remittix Disrupts Cross-Border Payments

BTCC / BTCC Square / Global Cryptocurrency /

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2025-07-09 12:29:54

[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN] Hedera HBAR News -

Hedera's native token HBAR rose 4% in the past 24 hours, testing resistance at $0.1602 despite remaining 5% lower for the month. Technical indicators present mixed signals—the BBTrend's -12.41 suggests ongoing bearish pressure, while an RSI NEAR 50 indicates potential returning buyer interest. Analysts note the descending channel pattern could signal a reversal if HBAR breaks through the $0.19 resistance level.

Meanwhile, Remittix is gaining attention for its streamlined wallet technology designed to address inefficiencies in cross-border payments. The project's real-world applications contrast with HBAR's current technical challenges, though speculation about potential ETF inclusion continues to support Hedera's long-term outlook.

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