HBAR Dips 196.47% in 24 Hours Amid Persistent Sell Pressure

On AUG 29 2025, HBAR dropped by 196.47% within 24 hours to reach $0.24254, HBAR dropped by 550.03% within 7 days, dropped by 655.83% within 1 month, and dropped by 1281.78% within 1 year.

The token has experienced a sharp and sustained decline, raising concerns among long-term holders and investors. The drop over the last 24 hours was the most severe in recent months, reflecting a broader sell-off that has persisted over the last several weeks. Analysts project that the current trend is driven by profit-taking, reduced liquidity, and ongoing bearish momentum in the wider market.

Technical indicators suggest that HBAR has breached key support levels and is trading below critical moving averages. The RSI is currently oversold, but this condition has not triggered a reversal so far, indicating that sellers remain in control. The MACD has also moved into a bearish crossover, reinforcing the downward trajectory.

The prolonged decline has also led to increased short-term volatility, with large volume spikes observed during the 24-hour drop. These spikes were not accompanied by significant price reversals, indicating that the market is responding to external selling pressure rather than intrinsic value shifts.