The post HBAR Price Analysis: Hedera Tests Lower Bollinger Band Support at $0.22 appeared on BitcoinEthereumNews.com.

Terrill Dicki
Sep 01, 2025 08:50

HBAR trades at $0.22 (-1.42% in 24h) near critical support levels as technical indicators show mixed signals with RSI at 41.79 in neutral territory.

Quick Take • HBAR currently trading at $0.22 (-1.42% in 24h) • Hedera’s price testing lower Bollinger Band support with RSI in neutral zone at 41.79 • Recent rebound from $0.229 support level shows institutional buying interest What’s Driving Hedera Price Today? The HBAR price action reflects a consolidation phase following last week’s notable rebound from the $0.229 support level on August 26. This bounce was accompanied by significant volume surge, indicating strong institutional buying interest that helped establish a temporary floor for Hedera’s price. While the immediate price movement shows a 1.42% decline in the past 24 hours, this pullback appears to be profit-taking after the recent recovery rather than a fundamental shift in sentiment. The upcoming regulatory event on September 10, where Hedera’s Chief Policy Officer Nilmini Rubin will speak alongside Goldman Sachs representatives about real-world asset tokenization, adds a forward-looking catalyst that could influence medium-term sentiment. The current HBAR price of $0.22 represents a critical juncture where technical support levels are being tested, with trading volume at $31.67 million on Binance spot market indicating sustained interest despite the minor decline. HBAR Technical Analysis: Mixed Signals at Critical Support Hedera technical analysis reveals a complex picture with HBAR’s RSI at 41.79, positioning the token in neutral territory but leaning toward oversold conditions. This HBAR RSI reading suggests potential for a bounce if buying pressure emerges at current levels. The MACD indicator shows bearish momentum with a reading of -0.0057 and a negative histogram of -0.0031, indicating that selling pressure still dominates short-term price action. However, the Stochastic oscillator presents a…

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Filed under: News - @ September 1, 2025 4:34 pm