• bitcoinBitcoin (BTC) $ 82,268.00
  • ethereumEthereum (ETH) $ 1,879.36
  • tetherTether (USDT) $ 0.999933
  • xrpXRP (XRP) $ 2.29
  • bnbBNB (BNB) $ 599.19
  • solanaSolana (SOL) $ 125.85
  • usd-coinUSDC (USDC) $ 0.999867
  • cardanoCardano (ADA) $ 0.701198
  • dogecoinDogecoin (DOGE) $ 0.167668
  • tronTRON (TRX) $ 0.212051
  • staked-etherLido Staked Ether (STETH) $ 1,876.84
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 82,039.00
  • pi-networkPi Network (PI) $ 1.40
  • leo-tokenLEO Token (LEO) $ 9.61
  • the-open-networkToncoin (TON) $ 3.43
  • chainlinkChainlink (LINK) $ 13.28
  • usdsUSDS (USDS) $ 0.999680
  • wrapped-stethWrapped stETH (WSTETH) $ 2,246.79
  • stellarStellar (XLM) $ 0.262860
  • hedera-hashgraphHedera (HBAR) $ 0.183356
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • avalanche-2Avalanche (AVAX) $ 18.22
  • suiSui (SUI) $ 2.21
  • litecoinLitecoin (LTC) $ 90.12
  • mantra-daoMANTRA (OM) $ 6.75
  • bitcoin-cashBitcoin Cash (BCH) $ 333.53
  • polkadotPolkadot (DOT) $ 4.29
  • ethena-usdeEthena USDe (USDE) $ 0.999556
  • bitget-tokenBitget Token (BGB) $ 4.37
  • wethWETH (WETH) $ 1,877.49
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • hyperliquidHyperliquid (HYPE) $ 12.86
  • whitebitWhiteBIT Coin (WBT) $ 28.36
  • wrapped-eethWrapped eETH (WEETH) $ 1,996.52
  • moneroMonero (XMR) $ 208.92
  • uniswapUniswap (UNI) $ 6.09
  • susdssUSDS (SUSDS) $ 1.04
  • daiDai (DAI) $ 0.999647
  • aptosAptos (APT) $ 5.13
  • nearNEAR Protocol (NEAR) $ 2.50
  • okbOKB (OKB) $ 48.16
  • pepePepe (PEPE) $ 0.000007
  • mantleMantle (MNT) $ 0.812662
  • internet-computerInternet Computer (ICP) $ 5.54
  • ethereum-classicEthereum Classic (ETC) $ 17.43
  • gatechain-tokenGate (GT) $ 21.17
  • ondo-financeOndo (ONDO) $ 0.810989
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 82,197.00
  • aaveAave (AAVE) $ 164.34
  • tokenize-xchangeTokenize Xchange (TKX) $ 29.94
  • crypto-com-chainCronos (CRO) $ 0.082392
  • official-trumpOfficial Trump (TRUMP) $ 11.15
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997138
  • vechainVeChain (VET) $ 0.024115
  • cosmosCosmos Hub (ATOM) $ 4.63
  • bittensorBittensor (TAO) $ 240.12
  • kaspaKaspa (KAS) $ 0.073532
  • ethenaEthena (ENA) $ 0.354431
  • filecoinFilecoin (FIL) $ 2.83
  • celestiaCelestia (TIA) $ 3.39
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.209005
  • fasttokenFasttoken (FTN) $ 3.98
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 82,175.00
  • render-tokenRender (RENDER) $ 3.09
  • algorandAlgorand (ALGO) $ 0.185673
  • sonic-3Sonic (prev. FTM) (S) $ 0.488709
  • arbitrumArbitrum (ARB) $ 0.346330
  • arbitrum-bridged-usdt-arbitrumArbitrum Bridged USDT (Arbitrum) (USDT) $ 1.00
  • story-2Story (IP) $ 5.42
  • kucoin-sharesKuCoin (KCS) $ 11.05
  • optimismOptimism (OP) $ 0.825994
  • jupiter-exchange-solanaJupiter (JUP) $ 0.487860
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.503564
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 81,938.00
  • binance-peg-wethBinance-Peg WETH (WETH) $ 1,878.05
  • quant-networkQuant (QNT) $ 76.51
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 1,948.54
  • xdce-crowd-saleXDC Network (XDC) $ 0.067283
  • nexoNEXO (NEXO) $ 1.05
  • movementMovement (MOVE) $ 0.433688
  • makerMaker (MKR) $ 1,171.19
  • dexeDeXe (DEXE) $ 17.31
  • usual-usdUsual USD (USD0) $ 0.997858
  • immutable-xImmutable (IMX) $ 0.544845
  • worldcoin-wldWorldcoin (WLD) $ 0.823848
  • sei-networkSei (SEI) $ 0.196639
  • blockstackStacks (STX) $ 0.616243
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,107.48
  • injective-protocolInjective (INJ) $ 9.54
  • flare-networksFlare (FLR) $ 0.014968
  • binance-staked-solBinance Staked SOL (BNSOL) $ 130.98
  • the-graphThe Graph (GRT) $ 0.091214
  • theta-tokenTheta Network (THETA) $ 0.857291
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • lido-daoLido DAO (LDO) $ 0.914146
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 81,947.00
  • bonkBonk (BONK) $ 0.000010
  • paypal-usdPayPal USD (PYUSD) $ 0.999218
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • mantle-staked-etherMantle Staked Ether (METH) $ 1,993.78
  • tether-goldTether Gold (XAUT) $ 2,986.78
  • eosEOS (EOS) $ 0.473975
  • wbnbWrapped BNB (WBNB) $ 598.98
  • galaGALA (GALA) $ 0.016158
  • tezosTezos (XTZ) $ 0.678677
  • stargate-bridged-usdc-berachainStargate Bridged USDC (Berachain) (USDC.E) $ 1.00
  • berachain-beraBerachain (BERA) $ 6.37
  • bittorrentBitTorrent (BTT) $ 0.00000069
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 81,956.00
  • bitcoin-svBitcoin SV (BSV) $ 33.48
  • the-sandboxThe Sandbox (SAND) $ 0.270619
  • jasmycoinJasmyCoin (JASMY) $ 0.013429
  • iotaIOTA (IOTA) $ 0.172784
  • pax-goldPAX Gold (PAXG) $ 2,996.11
  • jito-governance-tokenJito (JTO) $ 2.08
  • kaiaKaia (KAIA) $ 0.107321
  • flowFlow (FLOW) $ 0.400143
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.997841
  • msolMarinade Staked SOL (MSOL) $ 160.34
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 1,950.81
  • heliumHelium (HNT) $ 3.19
  • flokiFLOKI (FLOKI) $ 0.000059
  • neoNEO (NEO) $ 7.76
  • resolv-usrResolv USR (USR) $ 1.00
  • ethereum-name-serviceEthereum Name Service (ENS) $ 16.13
  • curve-dao-tokenCurve DAO (CRV) $ 0.406146
  • honey-3Honey (HONEY) $ 1.00
  • zcashZcash (ZEC) $ 33.22
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.77
  • pyth-networkPyth Network (PYTH) $ 0.144066
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 137.40
  • kavaKava (KAVA) $ 0.477359
  • beldexBeldex (BDX) $ 0.074746
  • axie-infinityAxie Infinity (AXS) $ 3.17
  • elrond-erd-2MultiversX (EGLD) $ 17.71
  • true-usdTrueUSD (TUSD) $ 1.00
  • telcoinTelcoin (TEL) $ 0.005342
  • starknetStarknet (STRK) $ 0.175558
  • decentralandDecentraland (MANA) $ 0.254500
  • roninRonin (RON) $ 0.767863
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.723434
  • pumpbtcpumpBTC (PUMPBTC) $ 80,285.00
  • dydx-chaindYdX (DYDX) $ 0.608945
  • dogwifcoindogwifhat (WIF) $ 0.462745
  • raydiumRaydium (RAY) $ 1.55
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 1.00
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 1,988.61
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 1,879.12
  • arweaveArweave (AR) $ 6.61
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.167112
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 82,187.00
  • ecasheCash (XEC) $ 0.000021
  • chilizChiliz (CHZ) $ 0.043749
  • conflux-tokenConflux (CFX) $ 0.082548
  • clbtcclBTC (CLBTC) $ 82,535.00
  • ousgOUSG (OUSG) $ 110.33
  • apenftAPENFT (NFT) $ 0.00000041
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 1,876.88
  • chain-2Onyxcoin (XCN) $ 0.012389
  • usdbUSDB (USDB) $ 0.998428
  • aerodrome-financeAerodrome Finance (AERO) $ 0.507574
  • hashnote-usycHashnote USYC (USYC) $ 1.07
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.006341
  • apecoinApeCoin (APE) $ 0.499575
  • thorchainTHORChain (RUNE) $ 1.14
  • coredaoorgCore (CORE) $ 0.394652
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • infrared-beraInfrared Bera (IBERA) $ 5.66
  • lorenzo-stbtcLorenzo stBTC (STBTC) $ 81,662.00
  • grassGrass (GRASS) $ 1.37
  • compound-governance-tokenCompound (COMP) $ 41.64
  • spx6900SPX6900 (SPX) $ 0.396943
  • axelarAxelar (AXL) $ 0.396296
  • matic-networkPolygon (MATIC) $ 0.209147
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 1,876.10
  • olympusOlympus (OHM) $ 21.75
  • fraxFrax (FRAX) $ 0.998394
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 1,953.98
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.833052
  • tbtctBTC (TBTC) $ 82,031.00
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 1,918.30
  • amp-tokenAmp (AMP) $ 0.004003
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000062
  • aioz-networkAIOZ Network (AIOZ) $ 0.292669
  • pendlePendle (PENDLE) $ 2.06
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.999526
  • kaitoKAITO (KAITO) $ 1.37
  • binance-peg-busdBinance-Peg BUSD (BUSD) $ 0.998510
  • akash-networkAkash Network (AKT) $ 1.30
  • gnosisGnosis (GNO) $ 122.01
  • beam-2Beam (BEAM) $ 0.005987
  • based-brettBrett (BRETT) $ 0.031582
  • mina-protocolMina Protocol (MINA) $ 0.254625
  • verus-coinVerus (VRSC) $ 3.90
  • reserve-rights-tokenReserve Rights (RSR) $ 0.005446
  • fartcoinFartcoin (FARTCOIN) $ 0.302166
  • stakestone-berachain-vault-tokenStakeStone Berachain Vault Token (BERASTONE) $ 1,852.43
  • plumePlume (PLUME) $ 0.146956
  • morphoMorpho (MORPHO) $ 1.24

HBAR Price Faces Correction; Traders Sweat As Liquidations Await

0 7

HBAR Price Faces Correction; Traders Sweat As Liquidations Await

Hedera (HBAR) has been experiencing a continued downtrend in price despite the broader market showing a bullish macro outlook. However, the short-term market conditions indicate that HBAR could face further declines in the coming days.

This potential drop to critical support levels could pose risks for traders, especially if they fail to manage their positions effectively.

HBAR Is Facing Uncertainity

The Ichimoku Cloud indicator is currently presenting a bearish outlook for HBAR. The cloud itself is signaling downward momentum, and the presence of candlesticks below the basis line confirms this negative sentiment. This indicates that the market sentiment is leaning toward the bearish side, and any hope for a bullish reversal seems distant at the moment.

Furthermore, the expanding Ichimoku Cloud suggests that the bearish pressure on HBAR is likely to intensify. As the cloud widens, it indicates that downward momentum could continue in the short term.

HBAR Price Faces Correction; Traders Sweat As Liquidations Await

HBAR Ichimoku Cloud. Source: TradingView

In terms of macro momentum, the liquidation map shows a concerning scenario if HBAR continues its downward trend. If the price falls to its critical support level of $0.177, it could trigger $13.3 million worth of long liquidations. This liquidation could impact market sentiment and cause traders to retreat, fearing further losses.

The resulting liquidation could further pressure HBAR’s price, accelerating the decline and creating more bearish sentiment in the market. As traders pull back, it could exacerbate the existing downtrend, leading to a cycle of selling and additional losses.

HBAR Price Faces Correction; Traders Sweat As Liquidations Await

HBAR Liquidation Map. Source: Coinglass

HBAR Price Is Looking For A Breakout

HBAR is currently trading at $0.195, within a descending channel. The altcoin is trying to secure this level of support, but the current market conditions do not offer much hope for a bullish outcome. The factors discussed, including the bearish Ichimoku Cloud and the potential for liquidation, suggest that a recovery is unlikely in the near term.

Given the ongoing market conditions, HBAR is vulnerable to losing $0.195 support. If this happens, the price could fall to $0.177, which has been a critical support level for HBAR over the past weeks. If the price breaks below this level, it signals a continuation of the bearish trend and a breakdown of the pattern, resulting in further price declines.

HBAR Price Faces Correction; Traders Sweat As Liquidations Await

HBAR Price Analysis. Source: TradingView

However, if HBAR manages to bounce off the $0.195 support level, it could potentially rise to $0.222, breaking out of the current pattern. This would completely invalidate the bearish outlook and help investors note recovery.

Source

Leave A Reply

Your email address will not be published.