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HBAR Slips 2.6% to $0.1691 as Support Test Draws Heavy Volume

HBAR's price dropped 2.6% from $0.1736 to $0.1691 as it approached critical support at $0.1688, which triggered a rebound amidst a surge in trading volume to 63.6 million tokens—32% above average. This indicates potential renewed institutional interest. Despite the decline, a double-bottom pattern has formed, suggesting a possible reversal with price targets set at $0.1720–$0.1730. The trading session was characterized by technical factors rather than fundamental catalysts, with selling pressure easing overnight. Analysts are now focusing on the $0.1720–$0.1730 resistance zone, and sustained volume will be crucial to confirm a breakout from the recent downtrend. Key support remains at $0.1688, with a stop-loss strategy proposed below $0.1682.

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What DraftKings and FanDuel Prediction Market Plays Mean for the Sports Betting Biz

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What DraftKings and FanDuel Prediction Market Plays Mean for the Sports Betting Biz

FanDuel and DraftKings, two titans of the sports betting industry, launched their own prediction markets in 2025 to compete with emerging leaders like Polymarket and Kalshi. Despite their entry, analysts from Bank of America expressed concern that they may be too late to make a significant impact. The prediction market

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In 2025, sports betting giants FanDuel and DraftKings launched their own prediction markets as a response to the growing competition from players like Polymarket and Kalshi. However, analysts from Bank of America have expressed concerns about these companies being too late to secure a significant market share, downgrading their stock

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