HBAR Price Awaits Direction With Weak Downtrend Signals | Airdrop Alert Pro

Hedera (HBAR) price is down more than 16% in the past seven days, reflecting a long-term downward trend. However, technical indicators show that the bearish momentum is weakening, with the ADX falling to 11.46, indicating that the trend strength is weakening.

The altcoin faces a key decision point with support at $0.233 and resistance at $0.274, which may determine whether the price can stabilize or continue its decline.

HBAR ADX shows downtrend fading

HBAR The ADX is currently at 11.46, which is significantly lower than the 23 three days ago, indicating a sharp decrease in trend strength. Although HBAR is still facing selling pressure, the decline in ADX reflects the weakening of the downtrend.

Lower ADX values ​​indicate that bearish momentum is waning, which could lead to lower prices volatility Or enter a consolidation stage in the short term.

The Average Directional Index (ADX) measures the strength of a trend, whether bullish or bearish, on a scale from 0 to 100. Readings above 25 indicate a strong trend, while values ​​below 20 (such as Hedera’s current 11.46) indicate a weak or non-existent trend. trend.

and HBAR Price With a drop of more than 16% in the past seven days, it is in a downtrend, and the lower ADX suggests that selling pressure may not have enough momentum to sustain a further sharp decline. However, unless ADX rises to confirm stronger trend dynamics, HBAR’s price will likely remain range-bound or have limited moves.

Ivy Ichimoku cloud reflects bearish pattern

HBAR’s Ichimoku Cloud chart shows a bearish pattern with price below the red cloud, indicating downward momentum. The cloud formed by Senkou Span A and Senkou Span B reinforces the bearish sentiment as Senkou Span A remains below Senkou Span B.

This configuration indicates that selling pressure is dominant, ivy There have been efforts to find support for a potential reversal.

The blue Tenkan-sen (conversion line) remains below the orange Kijun-sen (baseline), confirming the bearish trend as short-term momentum lags behind the long-term average. Additionally, the green Chikou Span is below the price action and cloud, further reinforcing the ongoing bearish momentum.

for HBAR To signal a bullish reversal, price would need to break out of the clouds and hold at these levels, but given current indicators, that seems unlikely at the moment.

HBAR Price Forecast: Further revision of 12.7%?

HBAR Price The most recent strong support is located near $0.233, suggesting that its price could fall by another 12.7% if the current downward trend continues.

However, as the ADX decline indicates, the downtrend is losing momentum, which may ease and limit further losses. If support at $0.233 holds, HBAR may consolidate or attempt a recovery in the short term.

If the trend reverses, HBAR price may first test the $0.274 resistance. A break above this level would signal a rise bullish momentumcould push the price towards the next resistance level at $0.311.

These levels will determine whether ivy price It may break away from its bearish trajectory or continue to face selling pressure in the coming days.