Hedera's HBAR token declined approximately 11% over the past week as the cryptocurrency remained trapped in a consolidation range between $0.130 and ~$0.150.
The token traded at $0.1337 on December 7, marking more than three weeks of sideways price action.
Despite the downturn, on-chain indicators suggest investors may be quietly accumulating positions ahead of potential volatility.
What Happened
HBAR has declined approximately 16% over the past month, according to market data.
The token reached a support level between $0.12 and $0.13 in early December.
Technical indicators show the Chaikin Money Flow recently pushed back above zero after spending nearly a month in negative territory.
This shift suggests renewed inflows into HBAR despite continued sideways price movement.
The Squeeze Momentum indicator shows bearish pressure steadily weakening, with momentum nearing a potential bullish crossover.
Such setups often precede volatility-driven breakouts when accompanied by improving capital inflows.
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HBAR's Relative Strength Index stands at approximately 35-46 across various timeframes, indicating the market remains in neutral to slightly oversold territory.
Why It Matters
Hedera's consolidation persists as the broader cryptocurrency market faces renewed pressure.
The token peaked at $0.40 in mid-January 2025 before declining to current levels.
If improving capital flows materialize, HBAR could rebound from $0.130 support and attempt to break above the $0.150 resistance level.
Clearing this ceiling would open a path toward $0.162, offering the first meaningful sign of recovery.
However, failure to hold current support could send HBAR below $0.130, potentially exposing the token to further declines toward ~$0.125.
Institutional interest has grown following the launch of Canary Capital's HBAR ETF, which accumulated approximately $65 million in assets.
Analysts project HBAR could reach $0.145-$0.185 by the end of December 2025 if bullish momentum materializes.
The token's total value locked has increased to approximately $94.92 million, nearing levels last seen during its strong performance in 2024.
Hedera's recent restructuring, including leadership changes and clearer governance roles, aims to strengthen long-term network fundamentals and attract institutional interest.
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