The post HBAR Price May Repeat History As Bearish Squeeze Strengthens appeared on BitcoinEthereumNews.com. HBAR has seen significant volatility in recent days, as the altcoin grapples with broader market developments. After briefly testing its month-long support at $0.230, HBAR has faced downward pressure.  If the current bearish trend continues, the altcoin could drop below this key level, signaling further weakness. HBAR Faces Turbulence The Relative Strength Index (RSI) for HBAR is signaling growing bearish momentum. Currently below the neutral 50.0 level, the RSI marks a near-monthly low, suggesting that selling pressure is increasing. This shift indicates that the momentum for HBAR has turned negative, which could intensify the altcoin’s price decline. With the RSI’s recent move, HBAR faces heightened pressure. The lower reading suggests that investors may remain cautious, especially as the broader market struggles. If the RSI continues to track below the neutral line, HBAR could experience even more downside, potentially breaching the month-long support. Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. HBAR RSI. Source: TradingView The Squeeze Momentum Indicator (SMI) is currently forming a squeeze, with bearish momentum gaining strength. The indicator’s black dots confirm the ongoing bearish trend, signaling that the price could experience increased volatility once the squeeze is released. If the selling pressure persists, HBAR is at risk of facing deeper losses. The current squeeze suggests that the market may experience a sharp move in either direction once the volatility is unleashed. Given the increasing bearish momentum, it is likely that HBAR could face a further decline, reinforcing the negative outlook for the cryptocurrency. HBAR Squeeze Momentum Indicator. Source: TradingView HBAR Price May Repeat History HBAR is currently trading at $0.234, testing its monthly support level of $0.230. This marks the third time the altcoin has dropped to this support, but this time may be different. With the increase in bearish momentum, HBAR’s ability… The post HBAR Price May Repeat History As Bearish Squeeze Strengthens appeared on BitcoinEthereumNews.com. HBAR has seen significant volatility in recent days, as the altcoin grapples with broader market developments. After briefly testing its month-long support at $0.230, HBAR has faced downward pressure.  If the current bearish trend continues, the altcoin could drop below this key level, signaling further weakness. HBAR Faces Turbulence The Relative Strength Index (RSI) for HBAR is signaling growing bearish momentum. Currently below the neutral 50.0 level, the RSI marks a near-monthly low, suggesting that selling pressure is increasing. This shift indicates that the momentum for HBAR has turned negative, which could intensify the altcoin’s price decline. With the RSI’s recent move, HBAR faces heightened pressure. The lower reading suggests that investors may remain cautious, especially as the broader market struggles. If the RSI continues to track below the neutral line, HBAR could experience even more downside, potentially breaching the month-long support. Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. HBAR RSI. Source: TradingView The Squeeze Momentum Indicator (SMI) is currently forming a squeeze, with bearish momentum gaining strength. The indicator’s black dots confirm the ongoing bearish trend, signaling that the price could experience increased volatility once the squeeze is released. If the selling pressure persists, HBAR is at risk of facing deeper losses. The current squeeze suggests that the market may experience a sharp move in either direction once the volatility is unleashed. Given the increasing bearish momentum, it is likely that HBAR could face a further decline, reinforcing the negative outlook for the cryptocurrency. HBAR Squeeze Momentum Indicator. Source: TradingView HBAR Price May Repeat History HBAR is currently trading at $0.234, testing its monthly support level of $0.230. This marks the third time the altcoin has dropped to this support, but this time may be different. With the increase in bearish momentum, HBAR’s ability…

HBAR Price May Repeat History As Bearish Squeeze Strengthens

3 min read

HBAR has seen significant volatility in recent days, as the altcoin grapples with broader market developments. After briefly testing its month-long support at $0.230, HBAR has faced downward pressure. 

If the current bearish trend continues, the altcoin could drop below this key level, signaling further weakness.

HBAR Faces Turbulence

The Relative Strength Index (RSI) for HBAR is signaling growing bearish momentum. Currently below the neutral 50.0 level, the RSI marks a near-monthly low, suggesting that selling pressure is increasing. This shift indicates that the momentum for HBAR has turned negative, which could intensify the altcoin’s price decline.

With the RSI’s recent move, HBAR faces heightened pressure. The lower reading suggests that investors may remain cautious, especially as the broader market struggles. If the RSI continues to track below the neutral line, HBAR could experience even more downside, potentially breaching the month-long support.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

HBAR RSIHBAR RSI. Source: TradingView

The Squeeze Momentum Indicator (SMI) is currently forming a squeeze, with bearish momentum gaining strength. The indicator’s black dots confirm the ongoing bearish trend, signaling that the price could experience increased volatility once the squeeze is released. If the selling pressure persists, HBAR is at risk of facing deeper losses.

The current squeeze suggests that the market may experience a sharp move in either direction once the volatility is unleashed. Given the increasing bearish momentum, it is likely that HBAR could face a further decline, reinforcing the negative outlook for the cryptocurrency.

HBAR Squeeze Momentum IndicatorHBAR Squeeze Momentum Indicator. Source: TradingView

HBAR Price May Repeat History

HBAR is currently trading at $0.234, testing its monthly support level of $0.230. This marks the third time the altcoin has dropped to this support, but this time may be different. With the increase in bearish momentum, HBAR’s ability to hold the $0.230 level could determine whether the price continues to decline.

The combination of factors signals that the negative momentum is gaining strength, making it more likely for HBAR to fall below $0.230. A break of this support could lead to further losses, with $0.210 as the next potential support level. If the market conditions worsen, HBAR could decline even further.

HBAR Price Analysis. HBAR Price Analysis. Source: TradingView

However, if history repeats itself and HBAR bounces off the $0.230 support level, the price could recover to $0.244. If it manages to flip this resistance into support, it would invalidate the bearish thesis and open the door for a potential rise toward $0.271, signaling a shift in momentum.

The post HBAR Price May Repeat History As Bearish Squeeze Strengthens appeared first on BeInCrypto.

Source: https://beincrypto.com/hbar-price-may-repeat-history/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Securities Fraud Investigation Into Corcept Therapeutics Incorporated (CORT) Announced – Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm

Securities Fraud Investigation Into Corcept Therapeutics Incorporated (CORT) Announced – Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm

LOS ANGELES–(BUSINESS WIRE)–Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation
Share
AI Journal2026/02/05 04:00
Microsoft Corp. $MSFT blue box area offers a buying opportunity

Microsoft Corp. $MSFT blue box area offers a buying opportunity

The post Microsoft Corp. $MSFT blue box area offers a buying opportunity appeared on BitcoinEthereumNews.com. In today’s article, we’ll examine the recent performance of Microsoft Corp. ($MSFT) through the lens of Elliott Wave Theory. We’ll review how the rally from the April 07, 2025 low unfolded as a 5-wave impulse followed by a 3-swing correction (ABC) and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock. Five wave impulse structure + ABC + WXY correction $MSFT 8H Elliott Wave chart 9.04.2025 In the 8-hour Elliott Wave count from Sep 04, 2025, we saw that $MSFT completed a 5-wave impulsive cycle at red III. As expected, this initial wave prompted a pullback. We anticipated this pullback to unfold in 3 swings and find buyers in the equal legs area between $497.02 and $471.06 This setup aligns with a typical Elliott Wave correction pattern (ABC), in which the market pauses briefly before resuming its primary trend. $MSFT 8H Elliott Wave chart 7.14.2025 The update, 10 days later, shows the stock finding support from the equal legs area as predicted allowing traders to get risk free. The stock is expected to bounce towards 525 – 532 before deciding if the bounce is a connector or the next leg higher. A break into new ATHs will confirm the latter and can see it trade higher towards 570 – 593 area. Until then, traders should get risk free and protect their capital in case of a WXY double correction. Conclusion In conclusion, our Elliott Wave analysis of Microsoft Corp. ($MSFT) suggested that it remains supported against April 07, 2025 lows and bounce from the blue box area. In the meantime, keep an eye out for any corrective pullbacks that may offer entry opportunities. By applying Elliott Wave Theory, traders can better anticipate the structure of upcoming moves and enhance risk management in volatile markets. Source: https://www.fxstreet.com/news/microsoft-corp-msft-blue-box-area-offers-a-buying-opportunity-202509171323
Share
BitcoinEthereumNews2025/09/18 03:50
Over 80% of 135 Ethereum L2s record below 1 user operation per second

Over 80% of 135 Ethereum L2s record below 1 user operation per second

The post Over 80% of 135 Ethereum L2s record below 1 user operation per second  appeared on BitcoinEthereumNews.com. Ethereum’s L2s are not doing too well. Data
Share
BitcoinEthereumNews2026/02/05 03:52