Hedera (HBAR) Showing Mixed Signals as It Hovers at a Key Technical Juncture

Hedera (HBAR) is showing mixed signals as it hovers at a key technical juncture. Its market cap is currently at $7 billion.

Despite a 27% decline in 24-hour trading volume, Hedera (HBAR) is showing mixed signals as it hovers at a key technical juncture. Its market cap is currently at $7 billion.

While indicators like the RSI and EMA lines are hinting at a potential bullish breakout, BBTrend remains negative, suggesting that trend strength is still fragile.

As HBAR’s price movement reflects a market in transition, it’s catching attention with its shifting technical trends.

Rising From Lows, But Momentum Still Lacking

Hedera’s BBTrend indicator is currently at -3.53 and has remained in negative territory for nearly three consecutive days. Just yesterday, it hit a recent low of -5, signaling particularly weak trend strength during that period.

However, it has slightly recovered from that low.

A prolonged dip in BBTrend suggests that the market is in a period of consolidation or at risk of entering a broader downtrend if no bullish momentum emerges. BBTrend, or Bollinger Band Trend, measures the strength and volatility of a price trend.

Positive values, which typically range from 1 to 5, suggest strong directional movement and high volatility. In contrast, BBTrend in negative territory, usually from -1 to -5, signals a weakening trend and lower volatility.

With BBTrend still sitting at -3.53, HBAR remains in a low-energy zone where neither buyers nor sellers are able to exert sustained control, leading to a lack of clear momentum.

To push the price up, BBTrend needs to return to positive territory, which will require sustained buying pressure and increased price action.

Relative Strength Index Shows Rising Interest

Hedera’s RSI (Relative Strength Index) is currently at 55.70, rising from 45 just two days ago. This upward move reflects increasing bullish momentum, showing that buying pressure has picked up after a short period of weakness.

However, despite the recent surge, RSI is still below the overbought level of 70.

The RSI is a momentum oscillator that measures the speed and magnitude of recent price changes, typically on a scale from 0 to 100.

Readings above 70 are generally considered overbought, signaling that the price may be rising too quickly and could be due for a correction. Conversely, RSI readings below 30 are viewed as oversold, suggesting that the price has fallen too far and could see a bounce.

With HBAR’s RSI now at 55.70, it sits comfortably in neutral-bullish territory, indicating that the token is still in a healthy range with room for further upside before reaching overheated conditions.

If this trend continues and RSI edges closer to 70, it could support a short-term rally—but also raise caution for potential exhaustion ahead.

Key Resistance Levels to Watch

Hedera’s EMA lines are currently showing signs of a potential golden cross forming, which could signal a shift toward a bullish trend.

If this crossover happens and momentum strengthens, Hedera’s price may test the resistance at $0.178. A breakout above that level could pave the way for a move toward $0.20.

If the rally accelerates further, prices could climb to $0.258, marking the first time HBAR trades above $0.25 since early March.

The upward slope in short-term EMAs reflects growing optimism, but confirmation will depend on volume and price action in the coming sessions.

However, downside risks still remain. If HBAR fails to hold the support level at $0.153, bearish pressure could drag the token down to $0.124.

While technicals are currently leaning bullish, the price remains at a crucial crossroads, with both breakout and breakdown scenarios in play. Until a clear direction emerges, traders should watch these key levels closely.