HBAR Price May Struggle To Climb Past $0.15 as Investors Retract Support
BeInCrypto
HBAR faces downside pressure due to investor withdrawals and bearish indicators, potentially struggling to surpass the $0.15 resistance level.Summary
Hedera (HBAR) has experienced a 24% price drop over the last two weeks, driven significantly by weakening investor demand and sustained outflows, as indicated by the Chaikin Money Flow (CMF) hitting a three-month low. This withdrawal of capital suggests fading confidence, which hinders upward momentum. Technical indicators show a bearish MACD crossover confirming downside momentum, although the histogram suggests this pressure might be weakening. Currently trading around $0.146, HBAR must hold the critical $0.145 support level to avoid declines toward $0.139 or $0.133. A meaningful rebound towards $0.154 or $0.162 requires renewed inflows and a bullish crossover in the MACD.
(Source：BeInCrypto)