hedera

Mark your calendars: Hedera’s mainnet will get an important upgrade on July 23 at 17:00 UTC, bringing 40 minutes of scheduled maintenance (and possibly slower transactions). While this isn’t a game-changing update, it paves the way for smoother enterprise adoption.

What’s Changing in v0.63?

🔧 Three key improvements:
1️⃣ Non-zero shard/realm ID support – More flexibility for system commands
2️⃣ Fee configuration throttling – Rate limits on admin changes to prevent spam
3️⃣ MerkleDB tuning – Better node storage efficiency, faster ledger syncing

Translation: A more stable, scalable network for developers and node operators.

Will This Affect HBAR?

• No tokenomics changes – Staking, transfers, and gas fees stay the same
• Price impact? Minimal – This is a maintenance update, not a hype-driven upgrade
• Short-term delays possible during the 40-minute window

HBAR’s Wild July: Can the Rally Continue?

📈 Price surge: Up 100%+ this month ($0.15 → $0.29)
📊 Bullish signals: Golden cross, strong exchange inflows
⚠️ RSI warning: Overbought in short term, but trend remains strong

The Hedera (HBAR) token is stealing the spotlight this week with a stunning 50% surge, outpacing most top 20 altcoins. Currently trading at $0.239, HBAR’s market cap has reclaimed $10 billion for the first time since March. The rally comes as Bloomberg analysts peg 90% odds for a spot HBAR ETF approval—sending bullish sentiment to 7-month highs.

Technical Breakout: Double Bottom Signals More Gains

HBAR’s daily chart shows a classic double-bottom (W) pattern, historically a powerful reversal signal. Key takeaways:
✅ Breakout level: $0.228 (recently surpassed)
✅ Price target: $0.40 (71% upside from current levels)
✅ Indicators agree:

• Awesome Oscillator (AO) flashing green
• 20-day EMA poised to cross above 200-day EMA
• Weekly chart confirms bullish continuation

“This is textbook technicals meeting fundamentals,” says CoinGape analyst Mark Johnson. “The ETF narrative could propel HBAR beyond $0.40 faster than many expect.”

Why the ETF Hype Matters

• 90% approval odds (per Bloomberg’s Seyffart)
• Would be first altcoin ETF after Bitcoin/ETH
• Institutional inflows could mirror Bitcoin’s ETF boom

Social media buzz has tripled since March, with traders speculating:

“An HBAR ETF would be massive—this is still early.” — @CryptoStacker

What’s Next for HBAR?

Bullish Scenario:

• Hold above $0.23 support
• Rally to $0.40+ on ETF confirmation
• Potential altcoin leadership if BTC stabilizes

Risks to Watch:

• Profit-taking near ATHs
• Delayed ETF decision could cool momentum

Final Thought

With strong technicals, ETF tailwinds, and growing social momentum, HBAR’s 50% surge might just be the opening act. As one trader put it:

“HBAR isn’t just riding the altcoin wave—it’s making its own.”

Hedera’s HBAR price drops continue as the altcoin struggles to recover from its year-to-date (YTD) high of $0.40 on January 17. Since then, it has fallen to $0.19, marking a 52% decline. With selling pressure still strong, technical indicators suggest more downside could be ahead.

HBAR’s Bearish Signals Strengthen

1. RSI Shows No Signs of Recovery

HBAR’s Relative Strength Index (RSI) currently sits at 40.62, confirming sustained selling pressure.

• The RSI ranges from 0 to 100, with values above 70 indicating overbought conditions and below 30 signaling an oversold asset.
• At 40.62, HBAR remains bearish but not yet oversold, suggesting further room for decline.

2. Elder-Ray Index Confirms Bearish Momentum

The Elder-Ray Index, which measures bull vs. bear power, has been negative for seven consecutive days. It currently sits at -0.02, reinforcing the downtrend.

A negative Elder-Ray Index means sellers are in control, making a price recovery unlikely in the short term.

Descending Channel Hints at Further Losses

HBAR has been trading within a descending parallel channel since hitting its YTD high of $0.40.

• This pattern forms when prices move between two downward-sloping trendlines, signaling a consistent bearish trend.
• As long as HBAR remains in this channel, sellers hold the upper hand, and further declines are possible.

Can HBAR Recover?

If selling pressure continues, HBAR could drop to its next major support at $0.16, a level last seen in November.

However, if market sentiment shifts positively, an increase in demand could push HBAR’s price back toward $0.24.

Final Thoughts

HBAR’s 52% decline reflects strong selling pressure and bearish indicators. The RSI and Elder-Ray Index both point to continued weakness, while the descending channel suggests more losses unless demand returns.

For now, HBAR remains in a downtrend, and a break above resistance is needed for any meaningful recovery.

Hedera’s native token, HBAR, has fallen 7% in the past 24 hours, continuing its downward trend. Currently trading at $0.19, the altcoin struggles with declining buying pressure and bearish market conditions.

Investors Exit HBAR as Indicators Turn Bearish

An analysis of the HBAR/USD daily chart shows a steady decline in its Accumulation/Distribution (A/D) Line since early March. This indicator tracks money flow by analyzing price movements and trading volume. A falling A/D Line suggests increasing selling pressure, with more traders exiting rather than accumulating.

Adding to the bearish outlook, HBAR’s Relative Strength Index (RSI) has dropped to 40.10, confirming rising sell-side pressure. An RSI below 50 indicates that sellers are dominating the market. If the RSI nears 30, HBAR could enter oversold territory, signaling a potential reversal or further losses.

Can HBAR Hold Above $0.16?

If selling pressure intensifies, HBAR could drop to a three-month low of $0.16. A break below this support level might push the price down further to $0.12.

On the flip side, if demand increases, HBAR could rebound to $0.24, invalidating the bearish outlook. Market sentiment and buying activity will be crucial in determining its next move.

HBAR saw a 20% surge during Wednesday’s trading session, driven by Nasdaq’s filing of a 19b-4 form with the SEC to list Grayscale’s spot HBAR ETF. However, the rally is losing steam, and market indicators suggest growing bearish sentiment.

HBAR Faces Growing Downward Pressure

HBAR’s Balance of Power (BoP) indicator has turned negative, signaling weakening buying momentum. Currently at -0.09, this metric suggests that sellers are gaining control, increasing the risk of further declines.

Additionally, HBAR’s Long/Short ratio stands at 0.98, meaning short positions now outnumber long positions. This indicates that futures traders expect prices to fall, further strengthening the bearish outlook.

Will HBAR Hold Support or Decline Further?

At press time, HBAR is trading at $0.24, holding just above its key support at $0.22. If selling pressure intensifies, a drop to $0.17 is possible.

On the other hand, a shift in sentiment could push HBAR toward its $0.26 resistance. If buyers regain momentum, the next target could be $0.31, marking a potential recovery.

Do you think HBAR will rebound, or is further downside ahead? Share your thoughts in the comments!

Hedera (HBAR) has emerged as a top performer in the current market cycle, showing resilience despite ongoing volatility. After reaching a multi-year high last Friday, HBAR faced a sharp 22% correction. However, its price action suggests that the cryptocurrency is preparing for another major move, keeping investors optimistic.

Key Analyst Insights

Crypto analyst Carl Runefelt recently shared a technical analysis on X, highlighting HBAR’s current market position. According to him, Hedera successfully tested a critical demand level after its recent dip. This retest signals a potential upward movement, a bullish sign in a market marked by uncertainty.

HBAR’s ability to hold key support levels and bounce back reinforces investor confidence. With market conditions still uncertain, its performance in the coming days will determine whether it can sustain its bullish momentum.

Is Hedera Ready for a Breakout?

Hedera has shown impressive resilience, positioning itself as a strong contender in this bullish cycle. Since early December, HBAR has been in a consolidation phase, which suggests it may be preparing for a breakout.

Market analysts remain optimistic about HBAR’s prospects, citing strong fundamentals and growing adoption. Runefelt’s analysis highlights that HBAR has retested a crucial demand zone, which previously acted as resistance. Holding this level suggests the cryptocurrency is building momentum for an upward move.

Runefelt predicts that if HBAR maintains this support, it could achieve new yearly highs. He has set a bullish price target of $4.20, which he believes is attainable if HBAR surpasses its recent peak.

HBAR Price Analysis: Key Levels to Watch

Currently, HBAR is trading at $0.33 after last week’s correction. Despite the decline, it remains within a crucial range, and bulls need to reclaim momentum to restore a bullish outlook.

Key levels to monitor:

• Support Level: Holding above $0.315 is crucial to avoid further downside and maintain a foundation for recovery.
• Resistance Level: Bulls must push the price above $0.35 to signal renewed strength and ignite investor optimism.
• Target Level: Breaking past $0.35 could pave the way to the next milestone at $0.40, further solidifying HBAR’s bullish potential.

Failure to hold above $0.315 may result in further consolidation or a deeper correction, potentially weakening the market’s positive sentiment.

Conclusion

Hedera’s upcoming price action will be crucial in determining its direction. Investors are watching closely to see if it can break through key resistance levels and sustain bullish momentum. If successful, HBAR could be on track for another significant rally.

Hedera (HBAR) has captured the market’s attention with a staggering 600% price increase in 30 days. Its open interest (OI) has now reached an all-time high of $417.98 million, signaling record trader engagement. This surge has positioned HBAR for potential further gains.

Hedera Gains Trader Momentum

Hedera’s rising OI reflects growing trader interest. According to Glassnode, OI measures the total number of open positions in a contract. When OI increases, it indicates traders are actively entering the market, often driven by bullish sentiment.

Currently, HBAR’s funding rate remains positive, which suggests that long positions are paying fees to short positions. This trend reveals trader confidence in a continued price increase.

Technical Indicators Support a Bullish Outlook

On the 4-hour chart, HBAR recently broke out of a descending triangle pattern formed between December 3 and 6. While this pattern usually signals a potential downtrend, HBAR defied expectations by surging above the falling channel.

This breakout points to a short-term price target of $0.42, assuming the bullish momentum holds. However, retracement below the support level at $0.28 could send the price down to $0.22, especially if OI starts to decline.

HBAR Price Prediction: Further Gains Ahead?

With sustained positive funding rates and increasing OI, HBAR appears set for more upward momentum. While short-term resistance at $0.42 remains a key mil