HBAR's $0.40 Breakthrough Delayed: 2025 Now in Focus
Hedera Hashgraph ( HBAR ) finds itself in a prolonged consolidation phase, hindering potential breakout opportunities and upticks in value. Despite maintaining a bullish momentum, the altcoin faces diminishing investor interest and a notable decrease in market activity, pointing to challenges ahead.
Recent data from the Chaikin Money Flow (CMF) indicator signals a troubling trend for HBAR: outflows are surpassing inflows. Investors withdraw funds amid price uncertainty and doubts over sustained upward momentum. This growing caution is stalling any immediate rallies, with HBAR likely confined to its current price range unless investor confidence rebounds.
HBAR's macro outlook indicates increasing bearish pressure. A downward trend in the Relative Strength Index (RSI) mirrors this, but the RSI remains above 50.0, suggesting bearish dominance has yet to fully manifest. This leaves open the chance for a rally should market conditions turn favorable, requiring robust investor buying to shift momentum.
With HBAR trading at $0.28, it is evident the altcoin is entrenched in a month-long consolidation, stuck between $0.40 and $0.25.
Market uncertainty is evident, and indicators hint at this phase persisting well into 2025 unless significant bullish signals emerge, which would be necessary to trigger a breakout and renew investor optimism.
However, a broad sell-off by investors to lock in gains could break HBAR's $0.25 support. This would undercut the positive market outlook, potentially leading to a drop to $0.18, heightening market skepticism. The industry's watchful eye remains on whether HBAR can defy expectations and surpass the $0.40 threshold before 2025.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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