HBAR has entered a higher-timeframe breakdown, and the loss of the $0.10 area has flipped former support.
Despite strong fundamentals, the price action is still being dictated by the broader crypto market decline.
HBAR’s price needs to break the descending channel and reclaim $0.094 before any major recovery.
Hedera (HBAR), like other altcoins, has flashed a major warning sign. Over the past 30 days, HBAR’s price has decreased by 35% amid the broader crypto bear market.
As pressure builds, bulls now face a critical test as the coin loses its grip on the $0.10 support.
Can they defend the structure, or does the correction extend further than this?
HBAR Follows Market Correction
On the weekly chart, HBAR is sliding into a full technical breakdown, which confirms a death cross.
This happened as the 50-day EMA crossed below the 200-day EMA. The signal has accelerated selling pressure, leaving HBAR down roughly 35% over the past 30 days.
Even with Hedera leading the Real-World Asset (RWA) sector in development activity, the token hasn’t been able to outrun the broader “Warsh Shock” risk-off tape and is now pressing into its key multi-month support zone.
HBAR is trading around $0.082 after a rejection from early-January highs near $0.13.
Former support levels at $0.093 and $0.10 have flipped into heavy resistance, acting like supply walls rather than bounce points. An RSI in the 18 range screams oversold.
However, the lack of meaningful buying volume makes it look less like a reversal setup and more like capitulation pressure.
That stress was visible as price broke the $0.090 psychological support, triggering an estimated $3.78 million in long liquidations and reinforcing the downside momentum.
Hedera Unfazed, Still Building
What makes the move uncomfortable is the disconnect between price and fundamentals.
Hedera is still building aggressively. On Feb. 3, Santiment ranked Hedera number one in RWA development activity, ahead of peers like Chainlink (LINK) and Avalanche (AVAX)
The ecosystem is also stacking institutional signals.
Notably, the Hedera Council announced a multi-year partnership with McLaren Racing, and the network completed the v0.70.0 testnet upgrade on Feb. 5, setting up for improved smart contract automation tied to HIP-1249.
On the liquidity side, the Hedera Foundation has boosted incentives for USDC/HBAR pools on SaucerSwap and Heliswap, essentially trying to engineer a floor by keeping on-chain liquidity healthy during the drawdown.
But still, this does not imply that HBAR’s price will bounce.
HBAR Price Outlook: Bear Market Still
From here, the chart’s map is simple.
As seen below, HBAR’s price remains locked in a sustained downtrend.
Each recovery attempt has been capped by the upper trendline, while lower highs and lower lows confirm persistent bearish control.
The most recent move pushed HBAR toward the bottom of this channel, signaling that sellers are still dictating direction.
From a key-level perspective, HBAR has now lost multiple important Fibonacci retracement supports. The breakdown below the 0.382 level ($0.161) and subsequent failure to reclaim the 0.236 zone ($0.127).
Price is currently hovering just above the prior cycle low zone near $0.072, which is now the most critical structural support on the chart.
A loss of this level would expose HBAR to downside price discovery, as there is limited historical demand below this region.
Furthermore, the Supertrend remains bearish and well above the current price, reinforcing the view that rallies remain corrective in nature. Importantly, price has not shown any bullish divergence against momentum.
Therefore, until HBAR’s price breaks above the descending channel and reclaims at least the 0.236–0.382 Fibonacci region, the broader bias remains defensive.
Sentiment data adds another layer of caution. Holder sentiment has been negative for an extended period, reflecting prolonged distribution.
In the absence of clear bullish divergence, negative sentiment currently aligns with trend continuation rather than a capitulation bottom.
Meanwhile, the $0.076 to $0.080 zone is the real area to watch. However, if HBAR’s price falls below this level, the next major magnet becomes the $0.067 retracement area.
On the upside, $0.094 is the first ceiling that matters, and $0.10 is the level HBAR must reclaim on a daily close to meaningfully invalidate the bear thesis.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Victor Olanrewaju is a crypto analyst and reporter at CCN with deep roots in on-chain research and technical analysis. His crypto journey began in 2017, but it was the 2020 Uniswap airdrop that sparked a full-time pivot into the space.
With a foundation in copywriting, Victor honed his craft creating high-converting content for leading crypto brokers — most notably an XRP price prediction that ranked #1 on Google during the 2021 bull run.
He later joined AMBCrypto in 2022, where he combined storytelling with technical and on-chain analysis to cover key market narratives.
In 2024, he expanded his expertise at BeInCrypto, collaborating with analysts and using tools like Glassnode, Santiment, and IntoTheBlock to break down Bitcoin and altcoin trends.
At CCN, Victor covers the top cryptocurrencies, memecoins, macro shifts, blending real-time insights with deep-dive metrics.
He holds a Bachelor’s degree in Physics from the University of Ibadan, equipping him to simplify complex data for a wide audience. Follow his work or connect on LinkedIn or X.
