Hedera Tests Long-Term Moving Average Amid Heavy Liquidations and Rebound Signs
The post Hedera Tests Long-Term Moving Average Amid Heavy Liquidations and Rebound Signs appeared on BitcoinEthereumNews.com.
Hedera dropped over 20% to $0.17, testing its 100-week moving average for the first time since November 2024. Analysts, including The Great Mattsby and Gilmore Estates, view this level as crucial long-term support, suggesting potential accumulation if it holds. Despite market pressure, investor sentiment remains resilient as institutional and enterprise adoption grow. HBAR Reaches 100-Week Moving Average After Sharp Market Drop Hedera reached its 100-week moving average for the first time since November 2024, marking a key technical milestone on its long-term chart. The token fell from $0.215 to $0.1685, representing a steep 21.7% intraday decline, as market-wide volatility intensified. The 100-week moving average, located around $0.145, now acts as a crucial technical support zone where long-term traders are watching for stability. HBAR Chart Source: x Analyst The Great Mattsby noted that its return to this level mirrors the structure seen before its breakout in late 2024. During that period, price consolidation above the same moving average led to a strong recovery above $0.30. Analysts now view this retest as a potential technical reset that could prepare the market for another upward phase if buying pressure strengthens. Analysts Observe Technical Reset and Accumulation Pattern The current price action indicates a decisive retracement following several months of sustained rally. The chart shows that each prior interaction with the 100-week moving average has triggered either accumulation or reversal phases. If the token holds above this threshold, it could maintain its long-term bullish pattern despite recent losses. However, a close below this level may expose the asset to a deeper correction toward the $0.10–$0.12 range. Technical traders identify $0.19 as immediate resistance and $0.15 as a major support area that previously attracted buying interest in August. The market’s reaction to these zones will likely define the next directional move. Community Sentiment Strengthens Despite…
Filed under: News - @ October 12, 2025 1:14 am