HBAR weekly forecast: Downside bias holds as sellers test $0.0786 support

Traders Union
All News
Crypto
Hedera slides 8.39% this week

Highlights

Hedera fell 8.39% over the past week to $0.0794, closing at the bottom of its recent range.
The price remains below major moving averages and indicators signal strongly oversold short-term momentum.
Support is at $0.0786 with resistance at $0.0817, and a move below support could target $0.0734.

Transaction surge and mainnet upgrade lift network metrics, but macro concerns cap token

Hedera completed a mainnet upgrade to version 0.78.1 and launched its Network MCP feature on testnet, moves expected to improve overall network capabilities in the weeks ahead according to Coinfomania. Throughout this period, several sources including 24/7 Wall St. and AOL reported a 168% increase in network transaction volumes and a 12% gain in total value locked over the past month. Despite these improvements, token price action lagged due to weaker buyer activity and ongoing macroeconomic concerns, while DiarioBitcoin noted volume and momentum have faded in the absence of a clear asset-specific catalyst.

Oversold signals intensify over the week as volatility and bearish momentum converge

On the daily chart, the setup is defined by a sharp move lower without a sustained trend, as confirmed by the developing trend strength and 14.25% volatility. RSI is approaching oversold at 37.3045, and both CCI and Stochastic RSI are firmly in the oversold zone, highlighting stretched short-term momentum. Support is found at $0.0786, with resistance at $0.0817. This alignment suggests an unconfirmed but biased downside, given the confluence of oversold readings and persistently bearish undercurrents.

Downside risk prevails for the week ahead unless resistance is breached

Over the coming week, the expected range is $0.0734 to $0.0918, with a very low probability of an increase (less than 20%) and a very high probability of a decrease (more than 80%). The base case is continued trading between $0.0786 and $0.0817. A move above resistance at $0.0817 could spark short-term relief toward the top of the expected range, while a clear break below $0.0786 would likely trigger another leg lower towards $0.0734.

Parshwa Turakhiya, analyst, notes that Hedera (HBAR) endured another difficult week, sliding nearly 8% and approaching $0.08 support. Despite a mainnet upgrade to version 0.78.1 and a 168% jump in network transaction volumes, buyer momentum remained subdued and failed to lift price action. On the daily chart, technicals are stretched with RSI and Stochastic RSI both in oversold territory, indicating the possibility of a near-term rebound but not yet confirming a trend reversal. Key levels to monitor are $0.0786 as support and $0.0817 as resistance — price action between these bounds remains the base case. "With momentum still weak, I am watching for either a meaningful relief bounce above $0.0817 or a breakdown below $0.0786 to define the next move this week."

Previously it was reported that Hedera remained under persistent selling pressure despite notable increases in network activity and ecosystem development. The latest update reinforces this bearish bias, with downside risks prevailing for the week ahead amid weak buyer participation and support centered near the $0.0786 level.

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

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.