Hedera Hashgraph faces a complicated technical scenario, marked by selling pressure that does not cease. According to a recent HBAR price analysis prepared by market experts, the cryptocurrency has suffered a 24% drop in the last two weeks. This negative trend extends beyond the general weakness of the crypto market, being directly linked to a drastic shift in investor behavior. The lack of demand and sustained capital outflows are creating significant barriers for any immediate recovery attempt.
Technical data is conclusive regarding the flight of liquidity. The Chaikin Money Flow (CMF) indicator has dropped to a three-month low, signaling an acceleration in fund outflows. When the CMF falls to such deep levels, it usually indicates that liquidity is leaving the asset at an alarming pace. Currently, Hedera trades around 0.146 dollars, clinging precariously to the 0.145 dollar support. If this level gives way to bearish pressure, the price could plummet towards 0.139 or even 0.133 dollars in the short term.
Can technical indicators reverse the trend before a major capitulation occurs?
The current technical structure presents mixed signals that keep traders on edge. The Moving Average Convergence Divergence (MACD) indicator maintains a bearish crossover, confirming that downward momentum remains in effect. However, the histogram bars are shrinking, suggesting that selling pressure might be gradually losing strength. For a real trend change to occur, the MACD must flip towards a bullish crossover; without this confirmation, the general bearish structure will remain intact limiting rebound opportunities.
The context of this correction is vital to understanding the gravity of the situation. Investors are withdrawing their capital, suggesting a loss of confidence in the asset’s ability to recover in the short term. This lack of conviction directly impacts price stability, reducing buying pressure just when the token needs it most. Without new inflows to potentialize sales, HBAR could struggle to generate any significant upward momentum, indefinitely delaying a solid recovery.
Finally, the future outlook depends entirely on the defense of current supports. If bullish momentum manages to return to the market, Hedera could attempt to climb again towards 0.154 or 0.162 dollars. A move of this magnitude would help restore confidence and invalidate the prevailing bearish thesis. However, persistent weakness in demand makes this scenario less likely without a strong external catalyst. For now, caution dominates sentiment while traders wait for clearer signals of strength.
