April 6, 2025 by Ammar Raza
- HBAR must hold above $0.15 and surpass $0.25–$0.26 to avoid a bearish continuation.
- A Death Cross is nearing, which could trigger a fall toward $0.10 or even $0.065.
- Strong fundamentals and strategic partnerships could reverse the current trend.
Following a price drop, Hedera Hashgraph’s native cryptocurrency, HBAR, has recovered. The recent development of a double-bottom structure close to key support levels has enabled the price to regain the $0.1611 price.
Currently, HBAR is trading just below the key $0.16328 threshold, but the uptrend momentum is restrained. For HBAR’s bearish trend to be overcome, it would need to hold above $0.15 and maintain momentum towards the $0.25-$0.26 resistance line.
If it fails to break through this barrier, it may see further downward momentum. Here, traders are looking for lower supports, notably between $0.10 and $0.14.
If these supports fail, HBAR may see more considerable corrections, with historical support between $0.065 and $0.08 being the next area of importance.
HBAR Needs Breakout Above $0.25 to Avoid Death Cross
The technical points are becoming weaker. A pending Death Cross, in which the 50-day moving average moves beneath the 200-day, is in close approach.
This bearish crossover often signals prolonged downside pressure and has historically preceded sharp declines across multiple assets.
Unless a strong catalyst ignites a break above $0.25 and preferably towards $0.30, the Death Cross has the potential to be the tipping point. Volume continues to be weak, while RSI is having trouble crossing into neutral ground.
With bearish sentiment gaining strength, investors are nervous, with macroeconomic uncertainty keeping risk assets under pressure.
Nevertheless, while short-term charts lean toward weakness, long-run players are already shifting, encouraged by fundamental trends that may ultimately overcome charts.
Bullish Catalysts could Drive Hedera upward Despite Market Headwinds
Despite short-term resistance and bearish signals, Hedera is seeing renewed interest due to a pair of developments.
The first is Hedera’s tie-up with Zoopto in a big-stakes bid for TikTok. If it succeeds, the acquisition could bring HBAR in front of TikTok’s huge global user base, setting the stage for unprecedented adoption.
Having TikTok in regulatory trouble, this bid positions Hedera as a real player in the race for real-world utility.
Secondly, Alchemy Pay’s addition of HBAR and USDC as part of its fiat on-ramp represents a major increase in accessibility.
The collaboration permits users in 173 countries to buy HBAR through credit cards, bank transfers, and local payment options, connecting the Web2 and Web3 finance ecosystems.
This better access, along with good regulatory standing, fortifies the long-term future of HBAR.
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