- Fresh selling risks sending HBAR price down 20% to $0.070 support.
- HBAR could mirror Bitcoin’s path before a rebound.
- Technical indicators are mixed, pointing at a bounce to $0.12-$0.15.
Hedera (HBAR) price faces new downside pressure as selling intensifies across the cryptocurrency market.
The price has slipped nearly 1% over the past 24 hours to trade around $0.092, with daily trading volume dropping 13%.
This decline below the psychological $0.10 mark pushes HBAR further from last week’s highs, even as altcoins mirror a broader risk asset downturn.
As such, and despite growing enterprise adoption and network usage, short-term price action suggests further downside risks ahead.
Could Hedera price fall another 20%?
Cryptocurrencies are positioning for a potential sustained uptick, but macroeconomic headwinds and geopolitical tensions could trigger deeper corrections before any rebound materializes.
HBAR appears poised to echo Bitcoin’s recent trajectory, where a retest of critical support levels often precedes recovery.
Analysts warn of a possible 20% slip from current levels, targeting the $0.072 zon...

8 hours ago
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