Is $PI’s Flip of $HBAR a Sign of Strength or Just Temporary Hype?

• Pi (PI) surpasses HBAR in market cap, but declining volume raises concerns.
• HBAR faces bearish pressure, struggling to hold key support at $0.230.
• Pi’s price recovery hinges on breaking $1.85 resistance for further upside.

Pi (PI) has overtaken Hedera (HBAR) in market capitalization, sparking discussions about whether this shift signals long-term strength or is just a fleeting moment of hype. 

While Pi’s price has edged up, HBAR is facing a noticeable price decline. This raises questions about investor sentiment and whether this trend will continue.

Analyzing Pi’s Price Action: Volatility & Key Levels

Pi’s price currently sits at $1.79 , showing a 1.99% increase over the last 24 hours. Its market cap has reached $12.41 billion, but trading volume has decreased by 26.98% to $845.56 million. This suggests that while the price is stable, investor activity may be slowing down. 

The price chart illustrates some volatility, with an initial dip followed by a gradual recovery. A push from buyers recently lifted the price above $1.85, but resistance at that level led to a pullback. However, current price movement suggests a possible return to an upward direction as the price rebounds from earlier lows.

Source: CoinMarketCap

Related: Pi Coin 40% Surge: Binance Listing Fuels $4 Price Target Talk

Technical levels to watch show support around $1.65 to $1.70. At these levels, buying interest has been consistent. Conversely, the $1.85 level has proven to be a challenge to overcome. A move above $1.80 could signal another attempt to breach this resistance. However, should the price fail to stay above $1.75, it might retest the $1.70 support zone before attempting another rise.

Hedera (HBAR) Under Market Pressure

On the other hand, HBAR has encountered a downturn, with its price falling 7.47% to $0.2337 . The market cap has dropped by 8.12%, and trading volume has declined by 33.91%, signaling reduced investor activity. The daily price range extends from a high of $0.2539 to a low of $0.230, highlighting selling pressure.

Source: CoinMarketCap

HBAR Technical Analysis: Support and Resistance Zones

Technical analysis identifies $0.230 as immediate support, with stronger support zones between $0.220 and $0.225. Should the decline persist, the next key support level is approximately $0.210. 

Related: Cryptocurrency Spotlight: SEI, Solana, Arbitrum, Hedera, and Avalanche Lead Market Surge

Regarding resistance, the price needs to break through the $0.240–$0.245 zone to begin a recovery. The $0.2539 level is acting as a major breakout point. A sustained push past $0.260 could shift market momentum to buyers. However, if HBAR cannot hold above $0.230, further declines are possible.