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
Amazon Q3 Earnings Preview: Can AWS Reacceleration and Advertising Strength Fuel a Rally?Amazon (AMZN), the U.S. e-commerce leader and cloud giant, will report its Q3 2025 earnings after market close on Thursday, October 30.
Author  FXStreet
13 hours ago
Amazon (AMZN), the U.S. e-commerce leader and cloud giant, will report its Q3 2025 earnings after market close on Thursday, October 30.
placeholder
Bitcoin Beats The Euro — France Chooses Crypto Over CBDCFrance’s National Assembly moved to block European Central Bank’s planned digital euro and to favor Bitcoin and euro stablecoins.
Author  Bitcoinist
14 hours ago
France’s National Assembly moved to block European Central Bank’s planned digital euro and to favor Bitcoin and euro stablecoins.
placeholder
Forex Today: ECB is up next as markets assess Fed and BoJ policy decisionsAfter losing more than 0.4% on Wednesday, EUR/USD stages a rebound and trades above 1.1600.
Author  FXStreet
16 hours ago
After losing more than 0.4% on Wednesday, EUR/USD stages a rebound and trades above 1.1600.
placeholder
Crypto market declines as $150 million long liquidations follow Donald Trump, Xi meetingThe cryptocurrency market fails to rally amid US President Donald Trump’s discussion with Chinese President Xi Jinping in South Korea on Thursday, regarding trade barriers.
Author  FXStreet
16 hours ago
The cryptocurrency market fails to rally amid US President Donald Trump’s discussion with Chinese President Xi Jinping in South Korea on Thursday, regarding trade barriers.
placeholder
Gold gains traction amid USD weakness and reviving safe-haven demandGold (XAU/USD) attracts some buyers during the Asian session on Thursday and now seems to have snapped a four-day losing streak.
Author  FXStreet
16 hours ago
Gold (XAU/USD) attracts some buyers during the Asian session on Thursday and now seems to have snapped a four-day losing streak.
goTop
quote