Hedera (HBAR) Up 5%, Technical Analysis Points to Bearish Challenge

Jakarta, Pintu News – In the last 24 hours, Hedera HBAR1.00%->Current HBAR PriceRp 2.7371.00%Market CapRp 181,48 TriliunTrading VolumeRp 20,37 TriliunCirculating SupplyRp 38,24 Miliar has gained almost 5% and is trying to break the $0.20 mark for the first time in two weeks. Despite improving technical signals, Hedera still faces several key resistance levels and bearish conditions that have dominated the past few weeks.

Hedera Trend Recovery: Still in Negative Zone

Hedera’s BBTrend indicator currently stands at -1.85, showing an improvement from yesterday’s -3.44, although two days ago it had reached 0.96. This movement signals an improvement in short-term price momentum after the recent downward pressure. However, the overall trend still tends to be negative as Hedera struggles to maintain a sustained bullish signal.

This indicator shows that the token is trying to recover but is still trapped in a weak momentum pattern. Despite the improvement, Hedera still has to fight against the broader bearish trend. This suggests that the recovery may not last long if there is no strong support from other factors in the market.

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Ichimoku Cloud Hedera: Signs of Recovery, but Challenges Await

Hedera’s Ichimoku Cloud chart shows some early signs of recovery, as price has managed to break the blue Tenkan-sen line and is now testing the bottom of the red Kumo CLOUD1.05%->Current CLOUD PriceRp 1.4371.05%Market Cap-Trading Volume-Circulating Supply-. Price action has moved inside the cloud after being below it for a long time, which could be interpreted as a shift from bearish to more neutral conditions.

Although the attempt to move up into the clouds suggests that the selling pressure is starting to weaken, Hedera still faces resistance from the thicker part of the clouds just above the current levels. The still-red coloring of the cloud signals that the broader trend is still under pressure, despite the recent upward movement.

Will Golden Cross Drive Hedera Price Surge?

The Hedera EMA line still shows an overall bearish setup as the long-term EMA continues to show a downward trend. However, the short-term EMA is starting to show an upward slope and may soon cross the long-term average, potentially forming a golden cross.

If this bullish crossover occurs, it could trigger a stronger upward movement, with the first resistance level being at $0.199. If the price manages to break this level, it could pave the way for further gains towards $0.215, and if the bullish momentum accelerates, the price of Hedera could even reach $0.258 in the coming sessions.

Conversely, if the short-term upside momentum fades and the golden cross fails to form, bearish pressure may return. In this scenario, HBAR may fall back to key support levels at $0.184 and $0.178. A decisive break below these levels could take the token back below $0.17, reinforcing the bearish structure.

Conclusion: Hedera Prospects in a Volatile Market

Although Hedera (HBAR) is showing some signs of recovery, there are still many challenges to be faced in order to maintain this positive trend. Investors and market watchers should continue to monitor indicators such as BBTrend and Ichimoku Cloud to gain a better understanding of Hedera’s potential future price movements. Volatile market conditions require careful analysis and timely responses to optimize investment strategies.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• BeInCrypto. Hedera (HBAR) Shows Bearish Signals Despite Recovery. Accessed on March 26, 2025
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