HBAR Price Faces Correction After Recent Surge – Technical Analysis Shows Mixed Signals
The post HBAR Price Faces Correction After Recent Surge – Technical Analysis Shows Mixed Signals appeared on BitcoinEthereumNews.com.
Timothy Morano Aug 18, 2025 13:32 HBAR trades at $0.25 after 3.74% decline, testing key support levels while BlackRock ETF speculation provides underlying bullish sentiment for Hedera investors. Quick Take • HBAR currently trading at $0.25 (-3.74% in 24h) • Hedera’s RSI at 48.69 signals neutral momentum with potential for either direction • BlackRock ETF speculation countered by recent profit-taking pressure What’s Driving Hedera Price Today? The HBAR price is experiencing a pullback following last week’s volatile trading session. After surging 7.62% on August 14th to reach $0.2625, Hedera has faced selling pressure over the past two days, with a 3.51% correction on August 15th followed by today’s 3.74% decline. The recent volatility stems from conflicting market forces. Speculation about BlackRock potentially filing for an HBAR spot ETF generated significant bullish sentiment among institutional investors. However, this positive catalyst has been overshadowed by profit-taking activities as traders capitalize on recent gains. Yesterday’s trading saw HBAR fluctuate between $0.2422 and $0.2524, indicating continued uncertainty among market participants. The 24-hour trading volume of $51,110,947 on Binance spot market suggests sustained interest despite the price correction. HBAR Technical Analysis: Neutral Signals Emerge Hedera technical analysis reveals mixed signals across key indicators. The HBAR RSI currently sits at 48.69, placing it firmly in neutral territory and suggesting the recent selling pressure hasn’t reached oversold conditions. This neutral RSI reading indicates that both bulls and bears remain active in the HBAR/USDT trading pair. The MACD histogram shows a bearish reading of -0.0028, confirming short-term downward momentum for HBAR. However, the proximity of the 12-period and 26-period EMAs (both at $0.25) suggests the trend could reverse quickly with sufficient buying pressure. Hedera’s position within the Bollinger Bands provides additional insight, with the current price sitting near the middle…
