HBAR Price Faces 17.8% Drop: Key Trigger to Watch | Airdrop Alert Pro

Hedera (HBAR) price has fallen sharply, down 12.5% ​​in the past 24 hours, with trading volume of around $1 billion. The ongoing correction is consistent with bearish technical indicators, including a declining ADX, which reflects that although the downtrend persists, the trend strength is waning.

HBAR is also priced lower than its Ichimoku Cloud, highlighting headwinds in the current market setup. However, if momentum shifts and key support holds, HBAR could stage a recovery that reverses losses.

Hedera ADX shows downtrend remains

ivy The ADX (Average Directional Index) has fallen to 27.9 from 37.9 at the start of the current correction a day ago. ADX measures the strength of a trend, regardless of its direction, on a scale from 0 to 100.

Values ​​above 25 indicate a strong trend, while values ​​below 20 indicate weak or lack of momentum. HBAR’s ADX above 25 reflects that the downtrend remains strong, although its decline from 37.9 suggests that bearish momentum may be waning.

The decline in ADX suggests that while the current downward trend continues, it may not be as strong as before. If ADX continues to fall, the price of HBAR may enter a consolidation phase with lower prices volatility and less aggressive selling pressure.

However, for a reversal to occur, buying activity would have to intensify significantly to offset the bearish momentum. Until then, HBAR Price May remain under pressure and could test lower support levels.

HBAR Ichimoku Cloud Shows Bearish Pattern

HBAR’s Ichimoku Cloud reflects a bearish pattern. this Prices are changing Below the red cloud, it indicates resistance to the current trend.

The red cloud formed by the difference between Senkou Span A (green line) and Senkou Span B (orange line) further confirms the bearish momentum, especially as the downward slope of the cloud indicates continued pressure on the price.

The broader bearish signal from price below the cloud and the lagging span (green Chikou Span) below the cloud and price supports the continuation of the downtrend.

For any potential reversal, ivy price A reentry into the cloud is required, coupled with a shift in critical line alignment.

HBAR Price Forecast: The next step of support is fundamentals

The EMA line is HBAR Price It indicates that if the short-term moving average continues to fall and is below the long-term moving average, forming a death cross, the current adjustment may intensify.

This bearish signal usually indicates a shift in downside momentum to stronger levels, which could lead to HBAR testing lower levels. If such a scenario occurs, HBAR It is likely to move closer to $0.27 and $0.26, with a further drop to $0.23 possible, which could be a 17.8% drop from current levels.

However, the ADX suggests that the strength of the current downtrend may be waning, offering a glimmer of hope for a reversal.

if ivy price If it can sustain its position above the key support, fresh bullish momentum could allow the price to challenge the $0.30 resistance. A successful move above this level could pave the way for a move higher to $0.32 or even $0.338, reflecting a potential 20.7% upside.