Hedera Price Prediction: HBAR Faces $0.160 Resistance as Bulls Attempt Recovery
The post Hedera Price Prediction: HBAR Faces $0.160 Resistance as Bulls Attempt Recovery appeared on BitcoinEthereumNews.com. Hedera (HBAR) is showing signs of a tentative recovery after weeks of downward pressure. The token has been trading in a narrow range, with brief surges quickly met by resistance, keeping upside potential limited. As of July 6, 2025, HBAR is hovering near the $0.154 mark as traders assess whether recent bullish attempts can break through the $0.160 resistance level. Market data suggests a neutral stance, with volume, momentum indicators, and open interest reflecting a cautious outlook. Intraday Bounce Fails to Sustain as Volume Weakens The 24-hour trading session from July 5 to July 6 began with modest optimism. HBAR climbed from approximately $0.152 to over $0.155 by mid-session, showing temporary strength as short-term buyers returned. However, the upward movement lacked intensity and failed to sustain above the short-term resistance of $0.1555. The price pulled back by the end of the day, closing at $0.153071, and indicating a reassertion of selling pressure. Source: BraveNewCoin Trading volume supports this reversal. The total volume reached $119.11 million, down significantly from the previous session’s $162 million. This decline suggests limited follow-through from market participants, even as the price attempted to rise. Without a strong volume to support continued upward movement, the rally lost momentum quickly. The current market cap remains at $6.49 billion, positioning Hedera at rank 27, but further gains may be limited without improved market participation. Short-Term Price Action Stalls Below Resistance On the 1-hour chart, HBAR has been consolidating in a tight range between $0.152 and $0.156 following a sharp rally from below $0.145 to a high near $0.164. The current sideways movement reflects uncertainty, with the recent correction halting the bullish continuation. Price action has flattened, suggesting that buyers and sellers are reaching a temporary equilibrium. Bulls must reclaim control above $0.156 to shift market sentiment in their favor.…
The post Hedera Price Prediction: HBAR Faces $0.160 Resistance as Bulls Attempt Recovery appeared on BitcoinEthereumNews.com.
Hedera (HBAR) is showing signs of a tentative recovery after weeks of downward pressure. The token has been trading in a narrow range, with brief surges quickly met by resistance, keeping upside potential limited. As of July 6, 2025, HBAR is hovering near the $0.154 mark as traders assess whether recent bullish attempts can break through the $0.160 resistance level. Market data suggests a neutral stance, with volume, momentum indicators, and open interest reflecting a cautious outlook. Intraday Bounce Fails to Sustain as Volume Weakens The 24-hour trading session from July 5 to July 6 began with modest optimism. HBAR climbed from approximately $0.152 to over $0.155 by mid-session, showing temporary strength as short-term buyers returned. However, the upward movement lacked intensity and failed to sustain above the short-term resistance of $0.1555. The price pulled back by the end of the day, closing at $0.153071, and indicating a reassertion of selling pressure. Source: BraveNewCoin Trading volume supports this reversal. The total volume reached $119.11 million, down significantly from the previous session’s $162 million. This decline suggests limited follow-through from market participants, even as the price attempted to rise. Without a strong volume to support continued upward movement, the rally lost momentum quickly. The current market cap remains at $6.49 billion, positioning Hedera at rank 27, but further gains may be limited without improved market participation. Short-Term Price Action Stalls Below Resistance On the 1-hour chart, HBAR has been consolidating in a tight range between $0.152 and $0.156 following a sharp rally from below $0.145 to a high near $0.164. The current sideways movement reflects uncertainty, with the recent correction halting the bullish continuation. Price action has flattened, suggesting that buyers and sellers are reaching a temporary equilibrium. Bulls must reclaim control above $0.156 to shift market sentiment in their favor.…
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