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HBAR’s Downtrend Gains Speed As Dip Buyers Step Back —One Level Could Still Save the Price
Yahoo Finance· 2025-11-19 12:00
Core Viewpoint - HBAR price is experiencing a significant downtrend, currently trading near $0.146, down almost 19% over the past week and nearly 39% over the past three months, indicating a fragile market condition where small weaknesses could lead to further declines [1]. Price Analysis - The HBAR price is within a falling channel, a bearish continuation pattern, and attempted to break below this channel on November 17, which was unsuccessful as dip buyers retreated [4]. - The Money Flow Index (MFI) has shown signs of weakening, breaking below its ascending trendline, which indicates a lack of strong dip buying to counter the downtrend [4][5]. - Key support level to watch is $0.141, which, if breached, could lead to further declines towards $0.134, approximately 8.8% lower [7]. Momentum Signals - The 12-hour Relative Strength Index (RSI) indicates hidden bearish divergence, where the price made a lower high while the RSI made a higher high, suggesting that the downtrend remains dominant despite temporary momentum increases [2]. - The MFI has been forming higher lows while the HBAR price has been making lower lows, indicating some dip buying, but this is not strong enough to reverse the trend [5]. Future Outlook - For HBAR to regain strength, it must close above $0.154 on a daily basis, which would alleviate some selling pressure and potentially open the path towards $0.1808, contingent on a recovery in dip buying and MFI [8].