Hedera price prediction: Bearish forces persist? HBAR slips near support

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Hedera drops 7.09% to $0.0927 today

Highlights

Hedera cofounder Mance Harmon showcased hashgraph technology and its applications in tokenization and AI-driven commerce at the World Economic Forum in Davos.
Hedera's unique governance and technical approach were positioned as strategic advantages for future digital economy solutions and next-generation blockchain innovation.
HBAR is trading below all major moving averages, with immediate resistance at $0.1064 and support at $0.0925, while technical momentum remains strongly bearish.

Visibility at Davos reinforces Hedera’s positioning in digital economy

Hedera's presence at the World Economic Forum in Davos was highlighted by cofounder Mance Harmon's discussion of hashgraph technology and its applications in tokenization and AI-driven commerce. The unique governance and technical approach of Hedera were presented as beneficial for the future digital economy. This participation underscored Hedera's ongoing role in shaping next-generation blockchain solutions.

Oversold signals deepen as bearish momentum defines trading corridor

Momentum signals are decisively bearish, with both MACD and ADX indicating a persistent downtrend and weak directional strength. Oversold readings from RSI, Stochastic RSI, and CCI suggest the price is at an extended low, but sellers remain dominant according to Bull/Bear Power. The Awesome Oscillator also supports the prevailing downward momentum. The nearest dynamic resistance is marked by the Ichimoku Kijun at $0.1159, while support is seen around $0.0925, forming the immediate trading corridor.

Reversal risks remain low amid expected range-bound movement

For the next five trading days, HBAR is likely to remain within a typical volatility band between $0.0925 and $0.1064. The probability of a significant price increase remains very low (less than 20%), with sideways movement expected inside this range. Breaching resistance at $0.1064 would be the first sign of a bullish reversal, while a breakdown below $0.0925 could intensify the bearish trend.

Anton Kharitonov, expert at Traders Union, notes that HBAR is under heavy technical pressure with little sign of bullish momentum. He views the token's recent WEF exposure as positive for long-term reputation, but sees little impact on short-term price action. Kharitonov remains cautious, stating that as long as price stays below $0.1064, downside risk persists. "Until we see a decisive break above $0.1064, HBAR remains a defensive play with limited rebound potential."

Last time, analysts noted that Hedera is trading near the midpoint of its recent range while remaining below all key weekly moving averages, with persistent bearish momentum confirmed by the MACD and negative ADX readings. Oversold signals from the RSI and oscillators suggest selling exhaustion, but consolidation within a narrow band is likely to continue barring a decisive shift in buying interest or sentiment.

Source of Data: HBAR Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.