Hedera Hashgraph (HBAR) Stuck in Limbo: Consolidation Extends into 2025
Hedera Hashgraph (HBAR) has been trapped in a month-long consolidation phase, preventing the altcoin from breaking out and achieving higher gains. While bullish momentum remains a possibility, declining investor interest and reduced market activity are casting a shadow over HBAR’s future trajectory.
HBAR’s Chaikin Money Flow: A Red Flag for Investors
The Chaikin Money Flow (CMF) indicator reveals a concerning trend: inflows for HBAR have significantly declined, with outflows now dominating the asset. This shift signals that investors are pulling money out, likely due to uncertainty surrounding HBAR’s price action and its ability to sustain upward momentum. These outflows underscore growing caution among market participants, potentially stalling any near-term rally. Without stronger inflows and renewed investor confidence, HBAR’s price may continue to hover within its current range, delaying any breakout opportunities.
Read more: Hedera : 121% Surge Ignites Bullish Frenzy, to $12B Market Cap?
HBAR RSI: A Glimpse of Hope Amidst Growing Bearish Pressure
Hedera’s macro momentum shows signs of rising bearish pressure. The Relative Strength Index (RSI) has been moving downward, reflecting a gradual increase in bearish momentum. However, the RSI remains above the neutral line of 50.0, suggesting that bearish control has not yet fully taken hold. This positioning leaves room for HBAR to attempt another rise if market conditions improve. The lack of a decisive move into bearish territory indicates that the altcoin could still regain strength, provided it receives sufficient buying support from investors.
Read more: Hedera : 11% Surge Ignites Bullish Frenzy, Eyes $0.39 Peak!
HBAR Price Prediction: Consolidation Continues, $0.40 Breakout Delayed
HBAR has been consolidating for an entire month, with its price currently trading at $0.28. Stuck within the $0.40 to $0.25 range, the altcoin shows no immediate signs of breaking out, reflecting the broader uncertainty in the market. Mixed signals from market indicators suggest that HBAR could continue its consolidation phase well into 2025. This prolonged stagnation would require significant bullish cues to trigger a breakout and restore investor confidence in the altcoin’s upward potential.
Read more: Hedera Eyes $14 Billion Market Cap Comeback After Brief Decline!
A 50% Price Crash Looms?
However, if investors begin selling to secure gains, HBAR could lose the critical $0.25 support level. Such a decline would invalidate the bullish outlook, potentially pushing the altcoin down to $0.18 and deepening market skepticism. This potential 50% price crash underscores the risks associated with HBAR’s current trajectory and highlights the need for a cautious approach for investors.
