Here’s Where Hedera (HBAR) Price Could Be Headed This Week

The Hedera (HBAR) price is trading near $0.106 after falling around 1.8% over the past day, slightly underperforming the entire crypto market. 

The move extends HBAR’s weekly decline to nearly 10%, as market sentiment remains fragile. The Fear and Greed Index is sitting at 34, reflecting a risk-off mood across altcoins.

The HBAR price  also failed to push above the $0.114 resistance level, where selling pressure picked up quickly. This happened despite the recent McLaren partnership announcement, which did not translate into buying strength. Instead, traders appeared to sell into the news.

What the HBAR chart is showing

On the 4H chart, HBAR remains locked in a broader downtrend that began after the sharp breakdown earlier in the cycle. That sell-off marked a clear shift in structure, and price has struggled to reclaim higher levels since then.

After a brief recovery attempt toward the $0.140–$0.150 zone, the HBAR price rolled over and resumed its move lower. Since mid-December, price has been grinding down in a controlled manner, forming a series of lower highs and lower lows.

More recently, HBAR has been moving sideways near the $0.105–$0.110 zone. This has now become a sort of short-term support because price is simply managing to stay just above it.

We would have expected a far more aggressive breakdown by now on the part of sellers, but buyers, for their part, aren’t pushing price meaningfully higher.

Source: Coinank

What market indicators are saying

Short positions are still growing, while long positions continue to fade. This shows that the majority of traders sit to the downside even though the price is no longer falling rapidly.

The funds are slightly positive, meaning some traders are paying to be long but only by a small margin, and this may be more a case of uncertainty than actual confidence in price rising.

The Williams %R indicator is currently trading in oversold territory. Typically, this trading state comes with a struggling stock price. This would only represent a quick trading move but would not confirm a trading reversal.

Individually, selling pressure has eased off, although it is not yet clear if buyers are firmly in control.

Read Also: Here’s Where Kaspa (KAS) Price Could Be Headed This Week

Hedera price short-term outlook for this week

HBAR is holding around $0.105 support. As long as it is holding, it doesn’t look like price is falling into any further downtrends.

If the Hedera price rises through $0.110 and then through $0.114, the next resistance levels for the asset will be $0.120 and then $0.128. 

If the asset rises through $0.130, this will be the first indication the asset is trying to make a move upwards. If $0.105 fails, HBAR is likely to fall towards $0.100, and the next stop would be at $0.095.

For this week, the HBAR price is likely to trade between $0.105 and $0.114. A break above that range would shift momentum higher, while a drop below $0.105 would give sellers the upper hand again.

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Boluwatife Afe
Boluwatife Afe

Boluwatife is a dedicated content strategist specializing in the crypto industry and is passionate about blockchain technology and digital currencies. With a keen eye for emerging trends and a talent for making complex topics accessible, Boluwatife aims to educate and inspire the crypto community through engaging and insightful content.

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