Hedera (HBAR) Price Drops 5%, Faces Strong Resistance Amid Bearish Signals

Hedera (HBAR) price has dropped 5% in the last 24 hours, with an overall 22% correction in the past 30 days. Its market cap is now at $8.5 billion. Technical indicators suggest that bearish momentum is still dominant, though signs of a potential shift are emerging.

The ADX shows that the ongoing downtrend is losing strength, while the Ichimoku Cloud confirms that sellers remain in control for now. If HBAR can sustain its recovery and break key resistance levels, a stronger uptrend could develop, but failure to do so may lead to further declines.

HBAR ADX Shows The Downtrend Is Stable and Not As Strong As Before

Hedera ADX is currently at 23, down from 28.9 three days ago, and has remained below 25. This decline suggests that the strength of the ongoing trend is weakening, with sellers losing some momentum.

Since ADX measures trend strength rather than direction, a falling ADX in a downtrend indicates that bearish pressure is slowing, though not yet reversing.

ADX values below 20 signal weak trends, while those above 25 suggest strong, established movement. With HBAR’s ADX at 23, the downtrend is still present but losing intensity.

If ADX continues to decline, price action could shift toward consolidation rather than further downside acceleration. However, without stronger HBAR buying pressure, a clear trend reversal remains uncertain.

HBAR Ichimoku Cloud Shows a Bearish Setup, But This Could Change Soon

HBAR Ichimoku Cloud chart is showing a bearish setup, with price action remaining below the cloud.

The red cloud suggests that bearish momentum has dominated, and multiple attempts to move above it have been rejected. The Tenkan-sen (blue line) is positioned below the Kijun-sen (red line), reinforcing the ongoing weakness.

The projected cloud remains bearish, with the Senkou Span A (green line) below the Senkou Span B (red line), signaling continued downward pressure, though the distance between then is narrowing.

The Chikou Span (green lagging line) is also below the past price action, confirming that the market structure still favors sellers. Unless HBAR buyers step in with stronger momentum, the trend remains intact, and bearish continuation is likely.

HBAR Price Prediction: Can Hedera Reclaim $30 In February?

Hedera EMA lines show that short-term trends remain below long-term ones, reinforcing the current bearish setup. This alignment suggests that sellers are still in control, keeping downward pressure on price action.

If this bearish trend strengthens again, HBAR price could drop further, potentially testing the support at $0.179, which would represent a 19% decline from current levels.

However, if HBAR price can reverse this trend and gain bullish momentum, it could challenge the resistance at $0.248.

A breakout above this level could lead to a stronger recovery, pushing the price toward $0.32, marking a 46% upside. To confirm a shift in trend, buyers would need to sustain momentum and establish price action above key resistance zones.