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Hedera Hashgraph (HBAR) continues to face persistent selling pressure, with the price sliding to around $0.146 as the broader market maintains a bearish tone. The asset is currently resting just above a critical support zone near $0.145, a level that traders are watching closely for clues about the next major move.
Over the past several months, HBAR has trended downward, forming consistent lower highs and lower lows. Attempts to break above the $0.20–$0.22 range have repeatedly failed, reinforcing a bearish structure on the daily chart. This sustained weakness has positioned the asset in a vulnerable state, especially as technical indicators continue to show fading buyer strength.
Technical Indicators Reflect Ongoing Weakness
Bollinger Bands show the price pressing against the lower band, signaling steady downside momentum rather than sudden panic selling. The middle band, near $0.178, now acts as a major dynamic resistance area. As long as HBAR trades below this level, the bearish outlook remains intact.
The Relative Strength Index (RSI) sits at 35, well below the neutral threshold of 50. While this reading suggests that the asset is approaching oversold conditions, it does not yet indicate a strong reversal setup. Buyers remain cautious, and momentum is tilted in favor of sellers.
The MACD also remains below both its signal line and the zero line, further confirming the dominant downward momentum. However, there is a slight reduction in negative histogram bars, a subtle sign that selling pressure may be easing, even if a clear trend reversal has not formed.
The Awesome Oscillator continues to print red bars, echoing the same bearish sentiment seen across other technical tools.
Key Support Areas and Possible Short-Term Rebound
The $0.145 support level is now one of the most important zones for Hedera. A breakdown from this area could expose the price to a deeper decline toward the next notable support around $0.138. Such a move would place HBAR at fresh multi-month lows and potentially prolong the downtrend.
However, if the $0.145 level holds, traders may see a short-term relief bounce. A successful rebound could send the price toward $0.160, and possibly even toward the mid-Bollinger band near $0.178. This region remains a strong resistance zone, and bulls would need to break through it to signal a shift in momentum.
Despite the possibility of short-term recovery attempts, the broader technical landscape continues to favor cautious trading. Until buyers can demonstrate consistent strength and reclaim higher support areas, bearish pressure may remain dominant.
Long-Term Outlook More Upbeat as Analysts Highlight Potential
While the near-term picture remains challenging, several well-known analysts maintain an optimistic long-term view for HBAR. Some traders have labeled the asset as significantly undervalued based on its technology, adoption trends, and institutional engagement.
Prominent market commentators recently shared long-range forecasts suggesting that HBAR could experience substantial gains in 2025. Price targets vary widely, ranging from $0.76 to $3.30, while a few long-term models project valuations above $10 based on historical breakout patterns and expected growth cycles.
Supporters argue that Hedera’s enterprise-grade architecture provides key advantages over many other networks. The ecosystem offers fast transaction speeds, strong security, regulatory alignment, and high throughput — attributes that have attracted growing institutional interest.
Real estate firm Gilmore Estates has projected a potential 10x move based solely on pattern analysis, while analyst Mark Chadwick believes HBAR could climb into the top 10 cryptocurrencies by market cap. This narrative frames Hedera as a “quiet performer,” gradually gaining momentum while retail attention remains focused elsewhere.
Conclusion
Hedera’s price action remains under pressure as HBAR tests a critical support zone at $0.145. Technical indicators continue to highlight a bearish market environment, though some signs suggest that selling momentum may be slowly easing. While short-term recovery attempts remain possible, sustained strength has yet to appear on the charts.
Even so, long-term forecasts from several analysts paint a more hopeful picture. With enterprise-level technology, expanding institutional activity, and strong fundamental use cases, HBAR continues to attract attention as a potential high-growth digital asset heading into 2025.
