HBAR Is on the Edge: Demand Drops As Price Charts Show Warning Signs

HBAR dropped 45% as technical indicators flash major bearish signals.

Developer activity and ecosystem growth remain weak, hurting network fundamentals.

Investor demand and futures interest decline, signaling reduced confidence in HBAR.

Hedera’s native token, HBAR, is in trouble after a steep market decline. The price has fallen by 45% from this year’s high, signaling a growing lack of confidence among traders. At $0.1670, the token’s slide reflects deeper problems within the Hedera ecosystem. Technical signals now point to further downside, while investor demand continues to fade. If momentum does not return soon, HBAR could face even sharper declines ahead.

Bearish Patterns Signal Trouble Ahead

The latest charts paint a concerning picture for HBAR holders. Earlier this year, the token showed strength after forming a double-bottom pattern near $0.1255. That setup hinted at a bullish breakout, especially after the neckline formed at $0.2288. However, optimism faded when the price broke below that key level. Hedera’s attempt to form an Elliot Wave pattern has also failed.

The second wave dropped too deeply, violating a key retracement rule between 50% and 61.8%. This invalidation signals that bullish momentum has weakened considerably. The situation worsened after a “death cross” appeared on the charts. This bearish pattern occurs when the 50-day EMA crosses below the 200-day EMA. Combined with a falling RSI and MACD, the setup points toward continued weakness.

Weak Ecosystem and Declining Demand

Beyond charts, HBAR is facing major challenges in adoption and network activity. The platform launched in 2017 with promises to compete with giants like Ethereum. Yet, developer interest remains low. Data from DeFi Llama shows only 23 active DeFi protocols on Hedera, far fewer than its rivals. The total value locked (TVL) within the ecosystem has fallen to $176 million, down 25% in one month. Major platforms like Stader and SaucerSwap continue to operate, but new growth is absent.

Meanwhile, Hedera has failed to attract major projects such as Aave or Uniswap. Despite backing from big names like Google and IBM, Hedera holds no measurable presence in the real-world asset sector. Reports show its RWA value currently stands at zero.Investor activity also confirms the weakening demand. Trading volume dropped to $300 million in the past 24 hours, a sharp fall from $1.5 billion earlier this month. Futures open interest has crashed to $119 million, the lowest since last November.

The funding rate remains negative, suggesting traders expect even lower prices ahead. For now, HBAR is facing mounting pressure as technical and ecosystem weaknesses align. The death cross pattern and falling RSI point to deeper losses. Developer activity remains low, and investor interest continues to decline. Unless strong demand returns, HBAR could retest yearly lows soon.