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HBAR Still Bullish After 35% Drop? Yet One Broken Streak Could Delay Price Rebound

BeInCrypto
Despite a 35% drop, HBAR shows bullish money flow divergence, but a broken three-month spot outflow streak suggests caution for a rebound.

Summary

Hedera's HBAR has dropped nearly 35% since mid-January, putting it over 40% down from November highs, yet technical indicators suggest potential for a rebound. The price remains within a constructive falling wedge pattern since late October 2025. Furthermore, the Chaikin Money Flow (CMF) and Money Flow Index (MFI) show bullish divergence, indicating that dip buyers have been actively accumulating even as prices fell. However, this bullish outlook is tempered by volume indicators. The On-Balance Volume (OBV) has weakened, breaking a descending trendline, signaling that recent price increases lacked strong volume support. Crucially, a three-month streak of weekly net token outflows from exchanges recently broke, with February 2 marking the first week of net inflows, suggesting a shift from accumulation to potential selling readiness, which aligns with the OBV breakdown. For a sustained recovery, HBAR must hold support near $0.076 and reclaim resistance at $0.090; a break above $0.107 could confirm a falling wedge breakout targeting a 52% upside.

(Source:BeInCrypto)