HBAR Token Drops 11% as Price Stabilizes Around Three-Week Lows
Over the past week, the value of Hedera’s HBAR token experienced a decline of around 11%, remaining within a consolidation range of $0.130 to approximately $0.150. The token was trading at $0.1337 on December 7, continuing a period of more than three weeks of sideways movement in price.
Despite this decrease in value, on-chain data indicates that investors might be quietly increasing their positions in anticipation of potential market fluctuations. HBAR has seen a drop of about 16% over the past month, with the token finding support levels between $0.12 and $0.13 at the beginning of December.
Technical analysis of the market reveals that the Chaikin Money Flow indicator recently rose above zero after spending almost a month in negative territory. This change suggests a renewed interest in HBAR, even as the price remains stagnant. The Squeeze Momentum indicator also shows a decrease in bearish pressure, with momentum approaching a potential shift towards bullish movement. Such indicators are often precursors to market breakouts driven by increased volatility, especially when accompanied by growing capital inflows.
The Relative Strength Index for HBAR ranges from approximately 35 to 46 across different timeframes, indicating that the market is currently in a neutral to slightly oversold position. As the broader cryptocurrency market faces renewed challenges, HBAR’s consolidation continues. The token saw its peak value at $0.40 in mid-January 2025 before dropping to its current levels.
Improving capital flows could prompt HBAR to bounce back from its support level at $0.130 and aim to surpass the resistance barrier at $0.150. Breaking through this threshold could pave the way for further growth towards $0.162, presenting an initial sign of recovery. However, failing to maintain its current support level may cause HBAR to drop below $0.130, potentially exposing it to further declines around the $0.125 mark.
Institutional interest in HBAR has been on the rise since the launch of Canary Capital’s HBAR ETF, which has accumulated approximately $65 million in assets. Analysts predict that if bullish momentum continues, HBAR could reach values between $0.145 and $0.185 by the end of December 2025. Additionally, the total value locked in HBAR has surged to around $94.92 million, approaching levels last seen during its strong performance in 2024.
Hedera’s recent reorganization, which includes changes in leadership and clearer governance structures, aims to enhance the network’s long-term fundamentals and attract more institutional investors. Amidst market fluctuations, the cryptocurrency industry remains dynamic, with HBAR’s performance closely watched by investors and analysts alike.
