Altcoins News

Story: Hedera (HBAR) Volume Slips 27% Despite Technical Signs Pointing to a Potential Upside…

By MikeT

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BBTrend Still Negative, Highlighting Uncertain Market Momentum. The BBTrend, which assesses trend strength and price volatility based on Bollinger Band expansion…

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RSI Climbing, But Rally Needs Follow-Through. On a more encouraging note, the RSI has moved steadily upward, rising from 45 to 55.

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Golden Cross on the Horizon? Watch $0.178 Resistance. Perhaps the most critical technical development is the potential for a golden cross—a bullish…

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Key Levels to Watch: $0.153 Support and $0.124 Risk Zone. While bullish signals are emerging, downside risks shouldn’t be ignored.

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Hedera Hashgraph (HBAR) is showing signs of a potential bullish turnaround—but the market isn’t quite convinced yet.

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The disconnect between technical signals and market participation has left HBAR hovering at a crossroads. Its Relative Strength Index (RSI) has climbed to 55.

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The BBTrend, which assesses trend strength and price volatility based on Bollinger Band expansion or contraction, has lingered below zero for nearly three days.

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While a slight recovery has occurred, the continued presence in negative territory signals that traders are still reluctant to take decisive positions.

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For traders, this means the market is warming up—but not overheating. Should RSI continue to climb toward the 70 mark, a short-term rally could take shape.

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Perhaps the most critical technical development is the potential for a golden cross—a bullish pattern where a short-term exponential moving average (EMA) crosses above a…

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Key resistance lies at $0.178, a level that has acted as a ceiling for recent price attempts. A breakout above this threshold could unlock further gains, pushing HBAR toward $0.

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While bullish signals are emerging, downside risks shouldn’t be ignored. The immediate support lies at $0.153.

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Until the price decisively breaks above $0.178—or drops below $0.153—HBAR is likely to remain in a wait-and-see phase.

The Currency Analytics

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