Hedera (HBAR) Battles Below $0.25 as Bears Maintain Control

Hedera (HBAR) Price Struggles Below $0.25 as Bearish Momentum Persists

The price of Hedera (HBAR) has been grappling below the $0.25 mark, with bearish momentum continuing to dominate the market. This persistent downtrend has been reflected in various technical indicators and market dynamics.

Over the past week, the average directional index (ADX) for Hedera has remained above 25, indicating a strong trend. This high ADX reading suggests that the recent downtrend has been powerful, reinforcing bearish momentum. Although the ADX has slightly declined in recent days, it has not yet reversed, and downside risks remain.

Whale addresses, which hold between 1,000,000 and 10,000,000 HBAR, have been relatively stable over the past few weeks. This stability suggests a period of balance, with large holders neither aggressively accumulating nor selling. The current number of whale addresses is 2,469, hovering around this level with minor fluctuations. This stability could indicate that Hedera price is in a consolidation phase, with whales waiting for clearer market direction before making major moves.

Hedera price is currently trading between support at $0.15 and resistance at $0.25, with its EMA lines showing a bearish setup. This suggests that downward momentum remains dominant, reinforcing the idea that HBAR is still in a downtrend. If an uptrend emerges, Hedera could test the $0.25 resistance, and a breakout above it could open the door for a move toward $0.35 or even $0.45, a potential 55% upside. However, if the downtrend continues and Hedera price loses the $0.15 support, it could drop further to $0.10 or even $0.05, marking a 55% decline and reaching its lowest levels since December 10, 2024.