
Hedera (HBAR) has struggled to regain momentum as bearish signals intensify across its technical indicators. After several days of sideways movement, the cryptocurrency shows limited growth potential. The latest development—a Death Cross—suggests that HBAR’s bullish phase may be coming to an end, at least in the short term. Hedera Technicals Point To Decline Hedera is currently witnessing a Death Cross, a technical pattern that forms when the 200-day Exponential Moving Average (EMA) crosses above the 50-day EMA. This event marks the conclusion of a three-month bullish streak initiated by a Golden Cross earlier in the year. Such a crossover typically signals a deeper bearish trend ahead. The previous Death Cross for HBAR lasted less than two months before prices began to recover. Whether history repeats itself remains uncertain, but traders are proceeding cautiously. Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. HBAR Death Cross. Source: TradingView On a macro level, Hedera’s Open Interest (OI) has yet to recover from its earlier slump. Following a $200 million liquidation during the market crash earlier this month, OI has stabilized at around $129 million. The lack of growth suggests traders are hesitating to re-enter leveraged positions, reflecting a cautious stance toward HBAR’s near-term prospects. This stagnation in Open Interest points to declining speculative activity, often associated with reduced volatility. Without renewed participation from traders, price rallies could remain subdued. HBAR Open Interest. Source: Coinglass HBAR Price Needs A Boost HBAR trades at $0.170 at the time of writing, fluctuating within a narrow range between $0.178 and $0.162. The altcoin’s sideways trend highlights the ongoing indecision among investors as they await clearer technical signals. Given the prevailing bearish indicators, HBAR could either continue consolidating or slip below $0.162. A drop to $0.154 or lower would extend losses and confirm downside pressure. HBAR Price Analysis. Source: TradingView Conversely, if investors regain confidence and inflows return, HBAR could break past $0.178. A sustained rally from that level could push the token toward $0.200. This would marking a potential 17.6% rise and fully invalidating the current bearish outlook. The post HBAR Price’s Death Cross Could Prevent 17% Rise To This Crucial Level appeared first on BeInCrypto.
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