27 Oct
27Oct

Hedera's (HBAR) price has recently stabilized in a consolidation phase following a period of low investor interest. However, market momentum is beginning to shift, with technical indicators suggesting that a strong recovery could be imminent.

Two key indicators support this renewed optimism:

  1. Relative Strength Index (RSI): The RSI is trending upward, indicating increasing buying pressure and improving investor confidence after a nearly three-week bearish stretch. A move past the 50.0 neutral level is needed to fully confirm this bullish transition.
  2. Moving Average Convergence Divergence (MACD): The MACD has just completed a bullish crossover (the indicator line crossed above the signal line). This is a classic sign that bearish momentum is fading and buying interest is taking over, often signaling an impending price rebound.

The HBAR price is currently trading within a tight range of $0.162 and $0.178. For a confirmed upward breakout, HBAR needs to close decisively above the $0.178 resistance. If successful, this move could drive the price toward the major psychological target of $0.200, representing a 13.6% increase.

Conversely, if selling pressure intensifies, the price could fall back to retest the $0.162 support. A failure to hold this level would invalidate the current bullish outlook and likely push the price lower toward $0.154.

October 2025, Cryptoniteuae

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