Hedera Hashgraph ($HBAR) Crypto Forecast: Down 5.7% 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 the native cryptocurrency of the Hedera Hashgraph network, known for its fast and secure transactions. The overall cryptocurrency market has been experiencing volatility recently, with various tokens reacting to news and market sentiment.

Why is Hedera Hashgraph going down?

HBAR crypto is down 5.7% on Jan 13, 2025 17:23

HBAR experienced a strong bearish movement, sinking 12% and hitting a weekly low, as shorts gained momentum.
Doubts over the approval of a Litecoin ETF and skepticism surrounding a potential 40% increase to 2024 high for HBAR contributed to the negative market sentiment.
The overall uncertainty in the cryptocurrency market, coupled with the anticipation of a potential influx of new crypto ETF launches, likely added to the selling pressure on HBAR.
The announcement of Philippine banks launching a stablecoin may have diverted some attention away from HBAR, impacting its price negatively amidst the broader market movements.

HBAR Price Chart

HBAR Technical Analysis

HBAR News

Litecoin Price Falters Amid Doubts Over LTC ETF Approval

https://www.newsbtc.com/altcoin/litecoin-price-falters-amid-doubts-over-ltc-etf-approval/

Hedera Price Sinks 12%, Hits Weekly Low as Shorts Gain Momentum

https://beincrypto.com/hedera-price-hits-weekly-low/

Philippine Banks to Launch PHPX Stablecoin

https://www.livebitcoinnews.com/philippine-banks-to-launch-phpx-stablecoin/

Crypto ETF Explosion: Nate Geraci Predicts 50 New Launches in 2025

https://beincrypto.com/nate-geraci-50-new-crypto-etfs/

40% Increase to 2024 High Looks Doubtful for HBAR: Here’s Why

https://beincrypto.com/hbar-price-rally-postponed/

Hedera Hashgraph Price History

13.00.2025 - HBAR Crypto was down 5.7%

HBAR experienced a strong bearish movement, sinking 12% and hitting a weekly low, as shorts gained momentum.
Doubts over the approval of a Litecoin ETF and skepticism surrounding a potential 40% increase to 2024 high for HBAR contributed to the negative market sentiment.
The overall uncertainty in the cryptocurrency market, coupled with the anticipation of a potential influx of new crypto ETF launches, likely added to the selling pressure on HBAR.
The announcement of Philippine banks launching a stablecoin may have diverted some attention away from HBAR, impacting its price negatively amidst the broader market movements.

13.00.2025 - HBAR Crypto was down 6.7%

The 12% price drop and hitting a weekly low for HBAR can be attributed to the increasing momentum of shorts in the market, indicating a bearish sentiment among traders.
Skepticism about the potential for a 40% increase to the 2024 high for HBAR may have fueled selling pressure and contributed to the downward trend.
Despite $4 million inflows into Hedera, sparking speculation of a potential rally, the overall mixed market signals and negative sentiment seemed to overshadow any positive momentum, leading to the bearish movement in HBAR today.

13.00.2025 - HBAR Crypto was down 5.3%

Today's bearish movement of HBAR may have been influenced by uncertainty surrounding its projected 40% increase to the 2024 high, prompting investors to sell off their positions.
The $4 million inflows into Hedera likely initially boosted positive sentiment, but mixed market signals may have created trader uncertainty, resulting in a sell-off.
The launch of a stablecoin by Philippine banks might have diverted attention and investment away from HBAR, exerting downwards pressure on its price.
Anticipation of an uptick in crypto ETF launches by 2025 could have steered investor focus towards other potential investment avenues, potentially contributing to HBAR's bearish movement.

03.00.2025 - HBAR Crypto was up 6.9%

HBAR experienced a significant surge as inflows of $2 million triggered hopes of a rally, leading to an increase in its price.
The rise to $0.42 was supported by a breakthrough of a critical resistance level, signaling robust buying activity.
Speculation about the potential approval of a crypto ETF in 2025 might have contributed to the optimistic atmosphere surrounding HBAR and other cryptocurrencies such as Solana, XRP, and Litecoin.
The uptrend observed for HBAR and Algorand could be attributed to growing investor interest and positive outlook in the cryptocurrency market.

07.00.2025 - HBAR Crypto was up 5.2%

HBAR experienced a strong bullish movement today, likely driven by a significant influx of $144 million from traders and the anticipation of breaking out from a month-long consolidation period.
The price of HBAR is aiming to surpass $0.40, with a notable 25% surge in just 7 days, indicating growing investor interest and confidence in the token.
Social media mentions of HBAR have surged, contributing to the token's upward momentum as it eyes a monthly high of $0.39.
Despite facing mixed momentum and traders closely watching key levels, the overall sentiment around HBAR remains positive, reflecting the broader bullish trend in the cryptocurrency market.

07.00.2025 - HBAR Crypto was up 7.6%

HBAR has witnessed a notable 25% price increase in a span of 7 days, with an upward trajectory targeting the $0.40 threshold, signaling robust bullish momentum.
Reaching a monthly peak of $0.39, HBAR's surge was fueled by an increase in social mentions, reflecting a rising interest and favorable sentiment towards the token.
Traders are attentively observing critical levels for HBAR amidst fluctuating momentum, hinting at a potential breakout or consolidation in the upcoming period.
The optimistic prospects for HBAR are underpinned by expectations of surpassing the 2021 rally of Dogecoin, with a forecast suggesting significant growth potential by mid-2025.

07.00.2025 - HBAR Crypto was up 5.1%

HBAR surged to a monthly high of $0.39 fueled by a surge in social mentions, indicating growing interest and positive sentiment among investors.
Traders are closely monitoring key levels for HBAR's price as it faces mixed momentum, suggesting a potential consolidation phase before further upward movement.
The speculation around altcoins surpassing Dogecoin's rally in the coming years could be driving increased attention towards HBAR and other promising tokens.
The attraction of over 300K miners to BlockDAG's X1 App might be indirectly benefiting HBAR as the broader blockchain ecosystem gains traction, contributing to its climb amidst hurdles faced by other projects like SUI.

10.00.2025 - HBAR Crypto was up 5.7%

Hedera's $4 million inflows sparking rally speculation likely contributed to the bullish movement of HBAR.
Consideration of HBAR among other altcoins for investment products could have boosted investor confidence in the token.
The launch of a peso-backed stablecoin by Philippine banks may have brought attention to the potential use cases of cryptocurrencies like HBAR.
Overall, the positive news surrounding HBAR and the broader cryptocurrency market sentiment likely fueled the strong bullish movement of the token today.

06.00.2025 - HBAR Crypto was up 5.3%

HBAR surged today as social mentions increased, indicating growing interest and positive sentiment among investors.
Traders are closely watching key levels for HBAR's price, contributing to mixed momentum but ultimately leading to a bullish movement.
The anticipation of altcoins surpassing Dogecoin's 2021 rally by mid-2025 might have sparked optimism in the cryptocurrency market, benefiting tokens like HBAR.
The success of BlockDAG's X1 app attracting a large number of miners could have indirectly influenced HBAR's price climb, showcasing a positive trend in the crypto mining sector.

09.00.2025 - HBAR Crypto was down 5.0%

Traders invested $144 million into HBAR, expecting a breakout from a month-long consolidation. However, HBAR faced a strong bearish movement, erasing recent gains and risking an 18% correction.
The expected 25% surge in the price of HBAR to reach $0.40 did not occur, leading to a significant downturn.
The mixed performance of the industry index, with both gains and losses, likely influenced market sentiment and contributed to HBAR's bearish movement.
Despite the anticipation of hitting a monthly high at $0.39 due to increased social mentions, this did not happen, signaling a shift in market dynamics that impacted HBAR negatively.

09.00.2025 - HBAR Crypto was down 5.3%

HBAR faced bearish activity as it failed to break out of a month-long consolidation phase, raising the risk of further correction.
Despite significant investments from traders, HBAR was unable to sustain its recent growth, resulting in a price drop.
Expectations of a breakout from consolidation and a price surge to $0.40 did not come to fruition, leading to disappointment among investors.
The general sentiment around HBAR became negative as the token struggled to keep up its upward trend, resulting in a bearish market shift.

11.00.2025 - HBAR Crypto was up 5.1%

HBAR exhibited a strong bullish movement today, which could be linked to the $4 million inflows into the token, creating buzz about a potential rally.
The potential inclusion of HBAR in investment products by Grayscale might have also had a positive impact on its performance.
Despite some doubts raised about a projected 40% increase to a 2024 high, the collaborative efforts of Philippine banks to introduce a stablecoin could have contributed to the optimistic outlook on cryptocurrencies, including HBAR.

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.

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Date

Jan 13, 2025 17:23

Content

Hedera Hashgraph ($HBAR) Crypto Forecast: Down 5.7% Today What is Hedera Hashgraph? Why is Hedera Hashgraph going down? HBAR HBAR Price Chart HBAR News Trending Today Hedera Hashgraph Price History 13.00.2025 - HBAR Crypto was down 5.7%13.00.2025 - HBAR Crypto was down 6.7%13.00.2025 - HBAR Crypto was down 5.3%03.00.2025 - HBAR Crypto was up 6.9%07.00.2025 - HBAR Crypto was up 5.2%