Hedera weekly forecast: Oversold signals put support in focus

Traders Union
All News
Crypto
Hedera falls 9.38% this week

Highlights

Hedera trades at $0.072 after falling 9.38% over the past week, positioned below key moving averages.
The daily chart maintains a bearish structure with 19.24% volatility and momentum indicators confirming oversold conditions.
Price is expected to move within a $0.0652 to $0.0806 range, with support at $0.066 and resistance at $0.0787.

Protocol push for SEC clarity and ETF interest shape flows this week

Hedera joined several digital asset firms in submitting a letter to the U.S. Securities and Exchange Commission on October 20, 2026, seeking clearer regulation and fairer classification for protocols like HBAR, according to en.coin-turk.com. Meanwhile, Bron has joined The Hashgraph Association's Global Membership Program, expanding HBAR custody options as reported by PR Newswire. A new spot ETF referencing HBAR is also drawing attention for its potential to expand institutional access, though recent inflows remain modest.

Bearish signals persist as oversold conditions and resistance limit upside

The daily chart shows a bearish structure as Hedera remains under pressure following a sharp move lower without a sustained trend, highlighted by 19.24% volatility. A confirmed oversold signal from Stochastic RSI and CCI points to possible selling exhaustion, while the MACD maintains a sell indication at -0.0056. The nearest support is seen at $0.066, with resistance capped at $0.0787 and additional resistance from the Ichimoku Kijun at $0.0887, suggesting upward attempts are likely to meet selling interest.

Downside bias dominates unless a breakout above resistance emerges

Over the coming week, the expected range is $0.0652 to $0.0806. There is a very high probability of a decrease and a very low probability of an increase. The base case calls for price action holding within the band set by $0.066 support and $0.0787 resistance. A move above $0.0787 would open the way for a test towards the upper end of the range, while a drop below $0.066 would point to further downside pressure.

Parshwa Turakhiya, analyst, sees this week’s 9% slide in Hedera as a sign that sentiment remains fragile, with support levels taking center stage. Regulatory moves—such as Hedera’s letter to the SEC and the launch of an HBAR-referenced ETF—bring attention to longer-term potential, yet institutional inflows have not sparked immediate strength. On the technical side, the daily chart’s high volatility and oversold readings from Stochastic RSI and CCI hint at possible selling exhaustion, but the MACD still points lower at -0.0056. With support at $0.066 and resistance at $0.0787, he expects a containment between these levels in the coming days. "Until HBAR decisively breaks above $0.0787 or slips below $0.066, I see more range-bound action with sentiment still leaning defensive."

Earlier, analysts noted that Hedera remained under persistent downside pressure as technical indicators and price action signaled ongoing bearish momentum. The current article adds the impact of regulatory engagement and expanding custody infrastructure, with traders now monitoring the $0.066 support and $0.0787 resistance as pivotal levels for near-term direction.

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.