Hedera drops as bearish momentum and oversold signals persist

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Hedera slides 7.55% to $0.087 today

Highlights

HashPack enabled trading of tokenised stocks like Apple and SPY using HBAR or USDC, expanding Hedera network utility.
Hedera introduced Agent Accounts for automated and AI-driven budget controls on HBAR and USDC payments, laying groundwork for programmable finance.
HBAR/USD trades below key moving averages with strong short-term bearish momentum, likely to range $0.0838 to $0.0902 over the next 2 to 3 days.

Tokenized stocks and automation expand HBAR’s utility but depend on adoption

On October 8, 2026, HashPack, the largest wallet on the Hedera network, enabled trading of tokenised stocks such as Apple, Nvidia, Tesla, and the S&P 500 ETF SPY, with payments settled in HBAR or USDC; these tokens are provided by a third party and not issued by Hedera itself. This action expands Hedera’s ecosystem utility by creating a new channel for transactional demand and broadening use cases for HBAR, though the impact will depend on user adoption. The same day also saw the launch of Agent Accounts by Hedera, introducing automated and AI-driven budget controls for making HBAR and USDC payments using integrations like ChatGPT and Claude — a development that lays foundational groundwork for programmable finance on the network, according to Blockchain.

Seller control persists as major oscillators diverge below resistance

On the technical side, HBAR/USD is trading below the MA-20 at $0.0918 and MA-50 at $0.0923, but remains above the MA-200 at $0.0819. The Ichimoku Kijun level at $0.0915 is acting as the next resistance for price advances. Momentum monitors such as MACD and ADX both indicate sell signals, while the Awesome Oscillator remains aligned with recent downside pressure. RSI and CCI are in deeply oversold territory, whereas Stoch RSI shows a strong buy, highlighting a divergence among oscillators. Bull/Bear Power continues to point toward significant seller dominance, and trading is near the session low with heightened volatility.

Sideways trade likely as resistance caps upside and volatility persists

Over the coming 2–3 trading days, HBAR/USD is expected to remain in a volatile band between $0.0838 and $0.0902. The probability of an upside move is estimated at 21%, with the baseline scenario favoring sideways action below immediate resistance at $0.0915. A break above the Ichimoku Kijun level would be required to trigger a potential bullish scenario, while further selling toward $0.0838 is likely if support does not hold.

Viktoras Karapetjanc, analyst at Traders Union, believes recent ecosystem innovations can drive network growth for Hedera. He sees HashPack's move into tokenised stock trading and the introduction of Agent Accounts as expanding real-world utility for HBAR. Technicals remain bearish, but fundamental sentiment leans positive on increased adoption potential. A near-term surge is less likely unless price can clear resistance, yet structural progress is clear. "New utility for HBAR is emerging, and with continued ecosystem growth, I expect market sentiment to improve in the coming weeks."

Earlier, analysts noted that despite mounting selling pressure, Hedera's long-term structure remained broadly constructive even as short-term volatility increased. The latest developments around expanded tokenized stock trading and programmable finance strengthen the network’s use case foundation, but with momentum technicals firmly negative, traders should monitor for either continued range-bound movement or a decisive shift should price breach the $0.0915 resistance or fall under $0.0838 support.

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.