Hedera (HBAR) Price Attempts Rebound After 40% Correction

Source Beincrypto

Hedera (HBAR) price is attempting to recover after a steep 40% correction in the last 30 days. While the downtrend remains intact, indicators suggest that selling pressure may be easing.

The Ichimoku Cloud and EMA lines still show bearish signals, but key resistance levels could trigger a breakout if buying momentum strengthens. If HBAR can reclaim lost ground, it may test $0.248 soon, while further downside remains possible if support at $0.21 is lost.

HBAR DMI Shows the Downtrend Could Be Easing

HBAR DMI chart shows its ADX has risen to 19.3 from 14.2 in the last two days, indicating a strengthening trend. The ADX (Average Directional Index) measures trend strength on a scale from 0 to 100, with values below 20 signaling a weak trend and above 25 indicating a stronger one.

Since ADX is still below 20 but rising, it suggests that Hedera downtrend could be stabilizing, though it hasn’t confirmed a strong directional move yet.

HBAR DMI.HBAR DMI. Source: TradingView.

Looking at the directional indicators, +DI has risen to 13.9 from 10.9 after falling from 22.4 three days ago, while -DI has declined to 19.4 from 22.3. This suggests that selling pressure is easing while buying momentum is slowly recovering.

However, with -DI still above +DI, the downtrend remains intact. If +DI continues rising and crosses above -DI, it could signal a trend reversal, but for now, HBAR needs stronger buying momentum to shift out of its bearish phase.

Hedera Ichimoku Cloud Shows an Ongoing Bearish Setup

The Ichimoku Cloud for HBAR shows the price currently trading below the cloud, indicating a bearish trend. The cloud itself is red and projected forward, signaling potential resistance ahead.

The baseline (Kijun-sen) and conversion line (Tenkan-sen) are both flat, suggesting weak momentum. For a trend reversal, the price would need to break above the cloud, which currently sits around $0.23.

HBAR Ichimoku Cloud.HBAR Ichimoku Cloud. Source: TradingView.

The lagging span (Chikou Span) is still below the price action, confirming that bearish momentum is intact. However, a slight price rebound suggests an attempt to regain strength.

If Hedera breaks above the Tenkan-sen and Kijun-sen, it could challenge the lower edge of the cloud. A rejection at this level could lead to further downside, while a successful breakout above the cloud would be a strong bullish signal.

HBAR Price Prediction: Will Hedera Fall Below $0.2?

Hedera price chart shows its short-term EMA lines trading below the long-term ones, confirming a bearish trend. If the downtrend continues, HBAR could test the $0.21 support level, and losing that could push it further down to $0.179.

Selling pressure remains dominant, making these levels critical for bulls to defend.

HBAR Price Analysis.HBAR Price Analysis. Source: TradingView.

On the upside, if HBAR price can reverse its trend, the next resistance to watch is $0.248. A breakout above this level could strengthen bullish momentum, potentially sending the price toward $0.32, its highest level since late January.

However, for this to happen, HBAR needs a strong shift in momentum and increased buying pressure.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
As Rotation from Tech to Value Gains Steam, Is It Time to Buy the Dow Jones by End-2025?The Dow Jones Industrial Average has reached successive record highs, and its outperformance against the Nasdaq over the past two days reached the highest level in nine months, signaling
Author  TradingKey
12 hours ago
The Dow Jones Industrial Average has reached successive record highs, and its outperformance against the Nasdaq over the past two days reached the highest level in nine months, signaling
placeholder
Cisco’s Stock Pops After Smashing Earnings—Thanks to $1.3 Billion in AI OrdersCisco just dropped its latest earnings report—and investors are loving it. The company blew past expectations for both profit and sales in its fiscal first quarter, sparking a more than 7% jump in the stock after Wednesday’s closing bell.
Author  Mitrade
14 hours ago
Cisco just dropped its latest earnings report—and investors are loving it. The company blew past expectations for both profit and sales in its fiscal first quarter, sparking a more than 7% jump in the stock after Wednesday’s closing bell.
placeholder
Gold edges toward $4,200 as shutdown deal fuels aggressive December Fed cut betsGold trades near $4,195 in early Asian dealings, brushing up against the $4,200 mark as hopes for a U.S. shutdown-ending funding bill and a nearly 64% market-implied chance of a December Fed rate cut support XAU/USD, even as a divided Federal Reserve and upcoming policymaker speeches threaten to steady the dollar and cap bullion’s latest advance.
Author  Mitrade
14 hours ago
Gold trades near $4,195 in early Asian dealings, brushing up against the $4,200 mark as hopes for a U.S. shutdown-ending funding bill and a nearly 64% market-implied chance of a December Fed rate cut support XAU/USD, even as a divided Federal Reserve and upcoming policymaker speeches threaten to steady the dollar and cap bullion’s latest advance.
placeholder
Gold hits three-week top as dovish Fed bets offset US government reopening optimismGold (XAU/USD) reverses a modest Asian session dip and climbs to an over three-week high, around the $4,213 region, on Thursday.
Author  FXStreet
16 hours ago
Gold (XAU/USD) reverses a modest Asian session dip and climbs to an over three-week high, around the $4,213 region, on Thursday.
placeholder
Why a Quiet 2025 Signals a Massive 2026 Crypto Bull Run: Bitwise CIO ExplainsBitwise's Matt Hougan Predicts a Crypto Boom in 2026 Amid Current Market Struggles
Author  Mitrade
18 hours ago
Bitwise's Matt Hougan Predicts a Crypto Boom in 2026 Amid Current Market Struggles
goTop
quote