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Hedera Hashgraph (HBAR) is under pressure as it hovers near critical resistance, with analysts warning that failure to hold above $0.15 could trigger a bearish continuation. Currently trading just below $0.163, HBAR has shown signs of recovery after forming a double-bottom pattern near key support. But momentum remains weak, and the stakes are rising.
The key short-term resistance zone lies between $0.25 and $0.26. If HBAR fails to clear this barrier, traders anticipate a retreat toward lower support levels between $0.10 and $0.14, with potential for a deeper fall to $0.065—a historic support region.
Technically, Hedera faces a looming Death Cross, where the 50-day moving average dips below the 200-day. This bearish crossover has often signaled extended downward trends in crypto markets. Volume remains subdued, and the RSI struggles to move out of bearish territory—further signaling investor caution.
Also Read: Hedera Expands Accessibility as Alchemy Pay Integrates Fiat On-Ramp for HBAR & USDC
However, despite short-term technical weakness, Hedera’s long-term fundamentals paint a more optimistic picture. Strategic partnerships may offer the spark needed to reverse the current trend.
Notably, Hedera’s collaboration with Zoopto in a high-profile bid for TikTok could be a game-changer. If successful, this move would place HBAR in front of one of the largest user bases in the world, signaling a leap in real-world adoption.
— HBAR Foundation (@HBAR_foundation) April 2, 2025
Additionally, Alchemy Pay’s integration of HBAR and USDC as fiat on-ramps in 173 countries opens the door to seamless access for mainstream users. This bridges the gap between traditional finance and Web3, boosting HBAR’s utility.
As macroeconomic headwinds continue to pressure risk assets, HBAR’s next move hinges on whether it can ignite a breakout above resistance or slide into deeper correction territory.
For now, traders are watching the $0.15 support closely—if it breaks, a sharper correction could be in play. But if fundamental momentum persists, Hedera may yet surprise to the upside.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
