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Hedera Hashgraph ($HBAR) Crypto Forecast: Down 5.0% Today

Morpher AI identified a bearish signal. The crypto price may continue to fall based on the momentum of the negative news.

What is Hedera Hashgraph?

HBAR is a cryptocurrency token associated with the Hedera Hashgraph platform, known for its fast and secure transactions.

Why is Hedera Hashgraph going down?

HBAR crypto is down 5.0% on Feb 22, 2025 11:20

  • Today's bearish movement of HBAR is linked to significant outflows of $17 million, exerting downward pressure on the token's price and endangering the key support level of $0.20.
  • Uncertainty over SEC approval for the Canary HBAR ETF may have also played a role in the negative sentiment, underscoring the importance of regulatory clarity for the token's growth trajectory.
  • Despite the prevailing bearish trend, the imminent debut of the Karate Combat Token on the Hedera L2 network stands as a potential positive catalyst for the ecosystem, offering a ray of hope for HBAR's possible recovery in the upcoming period.

HBAR Price Chart

HBAR Technical Analysis

HBAR News

Canary HBAR ETF Update: How Close Is It to Gaining SEC Approval?

Canary HBAR ETF Update: How Close Is It to Gaining SEC Approval?

https://www.coingabbar.com/en/crypto-currency-news/canary-hbar-etf-how-close-is-it-to-gaining-sec-approval

0 News Article Image Canary HBAR ETF Update: How Close Is It to Gaining SEC Approval?

Karate Combat Token to Debut on First-Ever Hedera L2

Karate Combat Token to Debut on First-Ever Hedera L2

https://news.bitcoin.com/karate-combat-token-to-debut-on-first-ever-hedera-l2/

1 News Article Image Karate Combat Token to Debut on First-Ever Hedera L2

Story (IP) Leaves Top AI Coins in the Dust with 189% Surge

Story (IP) Leaves Top AI Coins in the Dust with 189% Surge

https://beincrypto.com/ip-rally-outperforms-top-ai-coins/

2 News Article Image Story (IP) Leaves Top AI Coins in the Dust with 189% Surge

Hedera (HBAR) Bleeds $17 Million in Outflows, Threatening $0.20 Support

Hedera (HBAR) Bleeds $17 Million in Outflows, Threatening $0.20 Support

https://beincrypto.com/hbar-spot-outflows-tops-17-million/

3 News Article Image Hedera (HBAR) Bleeds $17 Million in Outflows, Threatening $0.20 Support

Hedera (HBAR) Jumps 6%, But These 3 Cryptos Might Soon Follow

Hedera (HBAR) Jumps 6%, But These 3 Cryptos Might Soon Follow

https://coingape.com/markets/hedera-hbar-jumps-6-but-these-3-cryptos-might-soon-follow/

4 News Article Image Hedera (HBAR) Jumps 6%, But These 3 Cryptos Might Soon Follow

Hedera Hashgraph Price History

22.01.2025 - HBAR Crypto was down 5.0%

  • Today's bearish movement of HBAR is linked to significant outflows of $17 million, exerting downward pressure on the token's price and endangering the key support level of $0.20.
  • Uncertainty over SEC approval for the Canary HBAR ETF may have also played a role in the negative sentiment, underscoring the importance of regulatory clarity for the token's growth trajectory.
  • Despite the prevailing bearish trend, the imminent debut of the Karate Combat Token on the Hedera L2 network stands as a potential positive catalyst for the ecosystem, offering a ray of hope for HBAR's possible recovery in the upcoming period.

14.01.2025 - HBAR Crypto was down 5.2%

  • HBAR experienced a strong bearish movement, dropping 5% amid bearish signals and facing strong resistance.
  • The price struggle may have been exacerbated by a recent 40% drop, making it challenging for HBAR to recover.
  • The 10% drop in HBAR, coupled with growing short positions in the futures market, likely added further downward pressure on the token.
  • The comparison with Cardano's price performance might have also influenced investor sentiment towards HBAR, contributing to its bearish movement.

18.01.2025 - HBAR Crypto was down 7.3%

  • HBAR experienced a strong bearish movement today due to weak demand, as indicated by the risk of a downside breakout.
  • The attempted rebound after a 40% correction indicates that traders are trying to stabilize the price, but the overall sentiment remains uncertain.
  • Being identified as a severely oversold asset might have contributed to the bearish movement, as investors may have lost confidence in HBAR's short-term performance.
  • Despite being highlighted as one of the best crypto coins to invest in for massive growth potential, the current market turbulence seems to have overshadowed any positive outlook, leading to the bearish trend.

18.01.2025 - HBAR Crypto was down 5.4%

  • HBAR price attempted a rebound after a significant 40% correction, indicating some investor interest in buying the dip.
  • Despite being identified as severely oversold, HBAR faced strong resistance and dropped by 5%, suggesting that bearish sentiment still prevails in the market.
  • The weak demand for HBAR puts it at risk of a downside breakout, highlighting the current lack of buying pressure.
  • The overall bearish signals and resistance faced by HBAR could be attributed to the broader market conditions and the cautious approach of investors towards this particular cryptocurrency.

20.01.2025 - HBAR Crypto was up 5.3%

  • HBAR experienced a strong bullish movement today, possibly driven by the launch of CFTC-regulated futures contracts for HBAR on Coinbase. This indicates increased institutional interest and legitimacy in the token.
  • The struggles to maintain momentum after a significant correction might have been overshadowed by the positive impact of the Coinbase futures contracts announcement, leading to renewed investor confidence in HBAR.
  • The overall positive sentiment in the cryptocurrency market, as seen with Binance.US restarting USD deposits after a long hiatus, could have also contributed to the bullish movement of HBAR today.

16.01.2025 - HBAR Crypto was down 5.0%

  • The bearish movement in HBAR today can be attributed to weak demand and downside breakout risks alongside facing strong resistance amid bearish signals, leading to a 5% price drop.
  • The comparison with Cardano might have also influenced investor sentiment, potentially favoring Cardano over HBAR in the short term.
  • Despite the negative movement today, investors should keep an eye on potential growth opportunities in the future, which suggest long-term potential for certain cryptocurrencies under $10.

14.01.2025 - HBAR Crypto was up 5.3%

  • Despite bearish signals and weak demand, HBAR managed to defy expectations and had a strong bullish movement today.
  • The drop in price and facing resistance could have triggered profit-taking from short positions, leading to a short squeeze and a surge in HBAR's price.
  • The comparison with Cardano might have sparked interest and investment in HBAR, as investors seek potentially undervalued assets with room for growth.
  • The speculative nature of the cryptocurrency market, coupled with the buzz around potential millionaire-making coins, could have driven increased buying interest in HBAR, contributing to its bullish movement.

21.01.2025 - HBAR Crypto was down 5.3%

  • The bearish movement of HBAR today could be attributed to the significant outflows of $17 million. This large outflow of funds may have created selling pressure on the token, leading to a decline in its price.
  • Despite the positive news of a 6% jump in HBAR's price, the overall sentiment seems to have been overshadowed by the substantial outflows and struggles to maintain momentum.
  • The debut of the Karate Combat Token on the Hedera L2 network did not seem to have a direct impact on HBAR's performance today, as the focus remained on the outflows and correction struggles.
  • The surge of Story (IP) and its outperformance of other AI coins may have diverted attention and investment away from HBAR, contributing to its bearish movement.

19.01.2025 - HBAR Crypto was up 5.2%

  • HBAR experienced a strong bullish movement today. This increase in value could be linked to Coinbase's expansion of its crypto futures offerings to include Solana and Hedera, potentially boosting exposure and interest in HBAR.
  • Speculations about a potential 13% decrease in HBAR's price may not be considering the positive effects of Coinbase's new futures contracts on the token's value.
  • Despite recent market instability and a notable correction, HBAR's price showed signs of recovery today, displaying resilience and potential for overcoming volatility.
  • The favorable sentiment towards HBAR today seems to be influenced by positive market outlooks concerning cryptocurrencies and recent developments involving HBAR on Coinbase's platform.

19.01.2025 - HBAR Crypto was up 6.1%

  • The bullish movement of HBAR can be attributed to the launch of CFTC-regulated futures contracts for Hedera on a prominent exchange, increasing accessibility and legitimacy for traders.
  • The reopening of USD deposits on a major exchange after nearly 2 years may have also contributed to positive sentiment in the crypto market, benefiting HBAR as well.
  • The expansion of crypto futures offerings to include Hedera indicates growing interest and support for the project, boosting investor confidence in the token.
  • Despite speculations of potential volatility ahead for HBAR, the overall market sentiment driven by these positive developments seems to have outweighed any short-term concerns, leading to the strong bullish movement today.

19.01.2025 - HBAR Crypto was up 5.7%

  • HBAR experienced a strong bullish movement today due to the positive sentiment surrounding the restart of USD deposits on a major exchange. This development increased accessibility to HBAR for traders, leading to increased demand.
  • The expansion of crypto futures offerings on another platform to include Solana and Hedera also contributed to the bullish movement of HBAR, as it signaled growing interest and investment in the token.
  • Despite concerns raised about a potential 13% fall in HBAR's price, the overall market turbulence did not deter traders from capitalizing on the positive news and driving the price of HBAR higher.

20.01.2025 - HBAR Crypto was up 5.2%

  • HBAR experienced a strong bullish movement today, possibly fueled by the launch of CFTC-regulated futures contracts on Coinbase for both Solana (SOL) and Hedera (HBAR).
  • The restart of USD deposits on Binance.US after nearly 2 years may have also contributed to the positive sentiment surrounding HBAR, providing easier access for investors to trade the token.
  • Despite a recent 40% correction, HBAR seems to have regained momentum, potentially indicating that investors are optimistic about the future prospects of the token.
  • The speculation about a potential 13% decline in HBAR's price due to growing volatility suggests that traders are closely monitoring market indicators and technical analysis for potential price movements.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.