Bullish Run Faces Key Challenges | Airdrop Alert Pro

Hedera (HBAR) price has shown impressive growth, rising 21.43% in the past seven days and rising 172.58% in the last month. The rise is supported by a bullish EMA line, with the short-term line above the long-term one, indicating continued upward momentum.

However, caution is warranted as both the Ichimoku cloud and the DMI chart highlight signs of a potential trend reversal. If bearish momentum takes over, HBAR could face a sharp correction, testing the key support at $0.117, and could drop to $0.053.

HBAR’s current uptrend remains strong

ivy The DMI chart highlights an ADX value of 52, indicating a strong market trend. ADX, or Average Directional Index, measures the strength of a trend, with values ​​above 25 indicating a significant trend and values ​​above 40 indicating an unusually strong trend.

An ADX of 52 indicates that the current trend, whether up or down, is firmly established and is unlikely to weaken anytime soon. Importantly, the value has remained above 40 since November 14, showing continued market momentum.

Currently, HBAR has a D+ of 27.2 and a D- of 14.4, reflecting an overall upward trend. However, the decline in D+ and the sharp increase in D- indicate that the upward trend may be weakening. This divergence points to increasing selling pressure, which could eventually challenge the bullish dominance if it persists.

While the current trend remains strong, the interplay between D+ and D- highlights a critical stage ivyif bearish momentum builds further, market sentiment may change.

Ichimoku cloud display requires caution

According to HBAR’s Ichimoku cloud chart, the price is trading around the Kijun-Sen (orange line) and Tenkan-Sen (blue line), indicating a consolidation phase. The flat nature of Kijun-Sen suggests a lack of strong directional momentum, while the clouds below the price (Senkou Span A and B) act as support areas.

Green clouds indicate bullish sentiment in the medium term, but prices are struggling to stay above Kijun-Sen, highlighting uncertainty.

if HBAR Price If support above the cloud is maintained, it could attempt a bullish reversal. The next level of resistance will be around the turnaround line and recent highs.

However, a break below the clouds could signal bearish momentum that could target lower levels. Thinning clouds at the end of the chart also indicate weakening support, making this a critical stage HBAR Trends direction.

HBAR Price Forecast: 62% Revision After Recent Surge?

HBAR The EMA line shows a bullish trend, and the short-term line is above the long-term line, indicating strong upward momentum.

The coin has surged 21.43% in the past seven days. If the uptrend continues, it may challenge the $0.157 and $0.1711 resistance levels. This bullish sentiment reflects continued buying pressure, making Prices are on an upward trend.

However, indicators such as the Ichimoku Cloud and DMI point to a potential trend reversal. If the trend turns bearish, HBAR Price A test of the support at $0.117 is likely, which is a key level to sustain its momentum.

If this support fails, the price could plummet to $0.053, a massive 62% retracement.