The post Hedera Price Prediction Highlights Path to Recovery After 60% Pullback From Peak appeared on BitcoinEthereumNews.com.

HBAR has seen a steep pullback after reaching its yearly high near $0.40, now stabilizing around the $0.145 zone. The asset remains under pressure, but recent price behavior and trading metrics suggest a potential base could be forming. While momentum has weakened, structural indicators show signs of stabilization. Investors are closely monitoring volume and open interest for clues on the next direction. The market remains cautious, though a sustained hold above support levels could mark the start of a recovery. Hourly and Daily Structure Shows Stabilization After Extended Decline The HBAR/USDT price prediction hourly chart between June 13 and June 21 illustrates a clear downward trend, beginning with a sharp fall from $0.17 to around $0.15. This steep decline was followed by a phase of sideways consolidation, marked by limited volatility and tighter price ranges. A small bullish movement attempted to reclaim the $0.155 resistance on June 16 but failed, reinforcing selling pressure. The decline continued from June 17 to June 20, reaching a low near $0.14. Source: Open Interest Open interest also decreased in this period, reflecting reduced participation from leveraged positions and overall market disengagement. This type of synchronized price and OI drop is typically bearish and can suggest capital flight. However, by late June 20 into early June 21, a small price recovery to $0.146 was observed, with a marginal uptick in open interest. While not strong, this pairing could imply early accumulation as market participants begin positioning for a potential shift. Source: Brave New Coin The daily 24-hour chart adds more context, showing that Hedera Price Prediction experienced a brief rally near $0.15001 on June 20 before gradually sliding back. Trading volume peaked during the rally and tapered off as the asset declined, indicating that the upward move lacked the support needed for continuation. Price has…

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Filed under: News - @ June 21, 2025 8:27 pm