The post Will Hedera price crash as a death cross forms on chart? appeared on BitcoinEthereumNews.com.

Hedera price is close to confirming a death cross on the daily chart, following the launch of its first spot ETF. Summary Hedera price remains down over 305 from its July high this year. HBAR price action could confirm a death cross by the end of today’s session. Over $225 million worth of HBAR has been withdrawn from exchanges in the past 48 hours. According to data from crypto.news, Hedera (HBAR) has dropped 34% from its July high and nearly 50% from its year-to-date high. This came as the total value locked in its DeFi protocols dropped from $405 million, seen in January, to $184 million as observed on Monday, Oct. 27. While HBAR jumped nearly 18% to hit an intraday high of $0.22 on Tuesday following the news that the first spot HBAR ETF is set to begin trading today (Oct. 29), a move that could open the door to institutional inflows and long-term growth, the token has since given up some of those gains, slipping back to around $0.19 at press time. A closer look at the daily chart now shows that HBAR price is very close to confirming a highly bearish signal, notably, a death cross, which forms when the 50-day SMA crosses below the 200-day SMA.  Hedera price is close to confirming a death cross on the daily chart — Oct. 29 | Source: crypto.news Such crosses have historically been associated with confirming an ongoing downtrend and often point to further losses ahead. For instance, when a similar death cross appeared on the HBAR chart in June 2024, the token went on to drop nearly 45% by November of that year. While the pattern is typically viewed as a bearish continuation signal, it’s important to note that it is also a lagging indicator, meaning the worst…

---

Filed under: News - @ October 29, 2025 7:26 am