Key Insights:
- HBAR trades near $0.10 as MACD prints a positive histogram while RSI stays neutral and Supertrend keeps bearish pressure intact.
- A close above $0.1052 with rising volume could trigger a move toward $0.1256 and $0.1402 resistance clusters.
- A breakdown below $0.0961 may open downside toward $0.0907 and $0.0486 as weekly resistance dominance weighs on price.
HBAR trades around $0.10 after a 3.88 percent daily decline, extending its broader downward trend. The price remains below the EMA20, reinforcing short-term weakness. However, the MACD prints a positive histogram, showing hidden bullish pressure beneath the surface.
RSI stands at 47.21, keeping momentum in a neutral zone without clear dominance. Moreover, the Supertrend marks $0.12 as a firm resistance level, maintaining a bearish structure. This mix of signals places the market in a tight consolidation phase.
Volume and Structure Stay Balanced
Trading volume hovers near $48 million, reflecting moderate activity and low volatility. Additionally, analysts identify 12 key levels across daily, three-day, and weekly charts. The daily chart shows balanced support and resistance, while the weekly timeframe carries heavier resistance weight.
Critical support rests at $0.0961, followed by $0.0907 and $0.0486. On the upside, resistance levels appear at $0.1017, $0.1052, and $0.1256. Consequently, price action around $0.0961 and $0.1052 will likely define the next directional move.
Upside Scenario Gains Focus
A strong daily close above $0.1017 and $0.1052 with rising volume could shift momentum upward. Besides, RSI needs to move above 50 while the MACD histogram expands further. Such alignment may push the price toward $0.1256 and open the path to $0.1402.
A breakdown below $0.0961 would reinforce the prevailing bearish bias. Moreover, an RSI falling under 40 and a negative MACD crossover would add pressure. In that case, price could slide toward $0.0907 and potentially test $0.0486.
Bitcoin Correlation Shapes Outlook
HBAR continues to track Bitcoin closely as broader market sentiment weakens. Bitcoin trades near $67,503 and maintains a bearish Supertrend signal. Consequently, a drop toward $64,437 could intensify pressure on HBAR, while strength above $68,052 may support recovery attempts.
Low volatility increases the risk of short-term false breakouts around the $0.10 zone. However, weekly candle closes will offer stronger confirmation of trend direction. Traders now watch alignment across multiple timeframes before committing to larger positions.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
A Certain CEX Survey: 74% of Institutions Expect Cryptocurrency Market to Rebound in the Next 12 Months, Allocation Willingness Continues to Strengthen
Despite the crypto market's pullback since last year, the latest survey shows that institutional investor confidence remains solid, with 73% planning to increase digital asset allocation by 2026, and 74% expecting market recovery over the next 12 months. Most institutions prefer to invest through regulated instruments while focusing on regulatory clarity and risk management.
GateNews19m ago
Shiba Inu (SHIB) Shows Warning Signs as Price Hints at Another Dip
Shiba Inu price has returned to a delicate zone after several failed attempts to push higher. Recent price action shows SHIB struggling to break above a descending resistance line. That pattern has started raising concerns about another short-term decline.
Market observers began paying
CaptainAltcoin24m ago
The “Grayscale Effect” Is Here: The Math on Bittensor (TAO) Doesn’t Work (In Your Favor)
A peculiar valuation gap is happening in the Bittensor ecosystem that has market watchers questioning whether traditional supply-and-demand logic has temporarily broken, or whether it’s signaling something much bigger on the horizon. As highlighted by the AI-driven analytics platform aixbt
CaptainAltcoin1h ago
Strategy Founder: STRC Volatility Drops to Historic Low of 1.5%, Sharpe Ratio Rises to 5.37
Gate News, on March 18, Michael Saylor, founder and CEO of Strategy, posted that STRC's volatility has dropped to a historic low of 1.5%, while its Sharpe ratio (a metric measuring risk-adjusted returns) has risen to a historic high of 5.37, setting a new record for risk-adjusted return performance.
GateNews2h ago
Why Bitcoin's Biggest Quantum Critic Says Real Bull Market Starts at $80,000 - U.Today
Charles Edwards, founder of Capriole Investments, analyzes Bitcoin's market, stating that a move above $80,000 could signal a bull market. His outlook is based on institutional purchasing patterns, while he continues to warn of quantum computing threats to Bitcoin's future by 2028.
UToday3h ago
