HBAR price

The price of HBAR was hovering around $0.049 at the time of writing, having retreated from weekly highs of $0.056. The current level was slightly in the green with 1.7% upside but traded more than 10% off its weekly peak as most altcoins mirrored Bitcoin’s declines to under $26k.

While HBAR saw an uptick today, sentiment is largely still bearish. Positive triggers alongside further global adoption will be key to bulls’ attempts to hit targets.

However, an overall downturn in the market could dictate downside action and see sellers aim for June lows near $0.040.