HBAR Falls Below 20-Day EMA Amid Deepening Bearish Momentum

HBAR, the native token of Hedera Hashgraph, has recently dropped below its 20-day Exponential Moving Average (EMA), signaling heightened short-term bearish momentum. This key technical level has long been used as a gauge for trend strength, and the breach indicates that sellers are currently in control [1]. The token is currently trading at $0.2391, below the 20-day EMA level of $0.2446, with no immediate signs of a reversal in the near term [1].

Technical indicators reinforce the bearish sentiment. The Moving Average Convergence Divergence (MACD) has shown a clear bearish crossover, with the MACD line remaining below the signal line and expanding red histogram bars reflecting accelerating downward pressure. This configuration often precedes further price declines and suggests that HBAR remains in a corrective phase [1]. Analysts have highlighted that sustained trading below the 20-day EMA increases the risk of retesting key support near $0.2 [1].

The broader cryptocurrency market remains in a consolidation phase, with Bitcoin trading above $113,000 but failing to provide the usual bullish support for altcoins. On-chain activity for HBAR has also shown no significant accumulation by large holders, suggesting that whales are currently inactive amid the price decline [2]. This lack of participation from major investors increases the likelihood of further downside in the absence of a strong sentiment shift.

Short-term price projections from Bitget suggest a continued bearish bias, with HBAR expected to trade at $0.2315 on August 2, 2025, and $0.2316 the following day [3]. These forecasts align with the current technical setup and highlight the minimal but persistent downward trajectory. However, if HBAR manages to stabilize and form a strong support base above $0.26, a rebound above the 20-day EMA could be possible [1].

Market sentiment plays a critical role in HBAR’s near-term direction. Positive sentiment could attract buyers and drive the token back above key resistance levels, while continued negativity may deepen the correction. Traders are advised to closely monitor both sentiment indicators and technical signals for potential turning points in the price trajectory [1].

HBAR’s technical and on-chain developments indicate a continuation of bearish momentum in the short term. While the token faces key support at $0.2 and resistance near $0.26, the outcome will largely depend on whether buyers step in or if the selling pressure persists. Investors are encouraged to keep a close watch on key levels and broader market trends to make informed decisions [3].

Source:

[1] "HBAR Price Shows Mixed Signals as Hedera Trades at..." (https://blockchain.news/news/20250802-hbar-price-shows-mixed-signals-as-hedera-trades-at-024)

[2] "PEPE Finds Support at $0.000010 —Is This the Launchpad..." (https://bravenewcoin.com/insights/pepe-pepe-price-prediction-pepe-finds-support-at-0-000010-is-this-the-launchpad-for-a-new-rally-for-pepe-coin-holders)

[3] "Predicción de precios Hedera (HBAR)" (https://www.bitget.com/es/price/hedera/price-prediction)