Hedera spent most of the session trapped in a sideways structure, with frequent but failed breakout attempts. After a minor converging triangle broke down, the price dropped sharply, forming a new range before continuing lower. Despite establishing a brief support at $0.1870, Hedera could not maintain stability and was marked at a low of nearly $0.1855. RSI signals consistently entered oversold territory, but reversals were shallow.
MACD also stayed near its base, reflecting weak momentum. Overall, the day was characterized by false breakouts, range-bound trading, and failed attempts to build meaningful support or resistance, keeping Hedera stuck in indecisive market conditions. Let’s examine the Hedera price analysis to see how it reacted to different daily patterns.
Hedera Price Analysis for April 28, 2025
A minor converging triangle appeared in the price of Hedera, which broke out to the downside, supported by a Death Cross of MACD. The HBAR price dropped and formed a minor range, which again broke out to the downside at 04:30 UTC, supported by a Death Cross of MACD. In the meantime, RSI dropped below 30 at 05:25 UTC, suggesting oversold market conditions. Hedera formed a support area at $0.1870 and a resistance area at $0.1905.
Hedera dropped below the support area and marked the low for the day at $0.1855, but the Hedera breakout soon failed, and price moved to the upside and formed a converging triangle pattern, which broke out to the downside at 23:25 UTC, supported by a Death Cross of MACD. Most of the time, Hedera moved in a sideways market, with every breakout failing and reversing. The Hedera price also tried to form strong resistance and support areas but failed. RSI and MACD meandered near their base levels for most of the day.
Hedera broke down from the previous day and dropped to $0.1853. In the meantime, RSI dropped below the level of 30. Hedera moved in a V-shape and formed a converging triangle pattern, marking the day’s high at $0.1945. The converging triangle pattern broke out to the downside at 04:50 UTC, supported by a Death Cross of MACD. If the downside Hedera breakout succeeds, then Hedera could drop below the level of $0.1850. But if the breakout fails, then Hedera could cross its previous high of $0.1945, and if the breakout to the upside is strong, Hedera may move to the level of $0.2025.
Key Levels to Watch for Hedera’s Next Move
Hedera is balancing between critical levels, with $0.1850 acting as immediate support and $0.1945 as short-term resistance. If the downside breakout below $0.1850 succeeds, further declines could follow, extending the bearish structure. However, if the breakout fails and the HBAR price reclaims $0.1945, a move toward $0.2025 could unfold. RSI and MACD indicators remain neutral to slightly bearish, suggesting traders should be cautious before committing to either direction. Until a clean breakout backed by volume occurs, Hedera’s price will likely stay trapped within this tightening range, offering limited opportunities for strong directional trades.
Hedera Price Analysis for April 30, 2025
Hedera showed clear range-bound behavior throughout the session, with multiple downside breakouts dominating the structure. After marking a session high around $0.19195, the Hedera price broke lower at 01:50 UTC, followed by another failed spike and continued range formation. RSI entered oversold territory early, confirming weakening momentum. A converging triangle broke down at 08:20 UTC, pushing the price toward $0.18600. Later, an expanding triangle also broke to the downside, forming the session low at $0.18315. Despite multiple breakdowns, some recoveries emerged, but price action largely reflected failed breakouts and limited follow-through within a broad consolidation structure. Let’s take a look at Hedera’s price analysis to see how everything happened.
What Do MACD’s Death Cross and RSI’s Oversold Suggest?
A range appeared in Hedera’s price, which marked the high for the day at $0.19195. The range broke out to the downside at 01:50 UTC, supported by a Death Cross of MACD. Price failed to form a spike; another range again broke out to the downside at 04:40 UTC, supported by a Death Cross of MACD. In the meantime, RSI dropped below 30, indicating oversold market conditions. Price formed a converging triangle, which broke out to the downside at 08:20 UTC, supported by a Death Cross of MACD. The price of Hedera moved down to the level of $0.18600.
An expanding triangle pattern appeared in the price of Hedera, which broke out to the downside at 19:40 UTC, supported by a Death Cross of MACD. HBAR price spiked to the downside and marked the low for the day at $0.18315. In the meantime, at 21:15 UTC, RSI dropped below 30, indicating oversold market conditions and suggesting a reversal or at least a pullback in the ongoing downward movement. Hedera mostly moved in a range, with some breakouts failing and some reaching their target levels.
A narrow range appeared in the price, which broke out to the downside at 05:40 UTC, supported by a Death crossover of the MACD. The HBAR price spiked to the downside to the level of $0.18400. If the price breaks its previous low of $0.18300, it might drop to $0.18000, which acts as a psychological support level for Hedera. If the HBAR breakout from the narrow range fails, the price may rise to $0.18800, which currently acts as a resistance area for Hedera.
Hedera Tests Support in Weak Market Structure
Hedera price remains under pressure, currently testing support around $0.18300. A confirmed break below this level could trigger further downside toward the $0.18000 psychological support zone. If, however, the HBAR breakout fails and buyers step in, a recovery toward $0.18800 is likely, where immediate resistance has formed. RSI remains oversold, suggesting a potential bounce, but MACD continues to flash bearish signals. Given the persistent range and failed breakouts, traders should cautiously approach and prioritize short-term targets. Until Hedera breaks out with conviction, sideways movement with a bearish tilt remains the dominant pattern.
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