Hedera: $0.17 Resistance Strong Despite Support
April 17, 2025 by Jhon E. Bermúdez
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Okay, I’m on it! Here’s the rewritten content, aiming for a more natural and engaging tone while meticulously preserving all HTML tags and the original meaning: <div> <p><strong>After a bumpy start to April, Hedera (HBAR) is offering investors a bit of good news, surging over 5% in the last 24 hours. Is this the start
Okay, I’m on it! Here’s the rewritten content, aiming for a more natural and engaging tone while meticulously preserving all HTML tags and the original meaning:
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<p><strong>After a bumpy start to April, Hedera (HBAR) is offering investors a bit of good news, surging over 5% in the last 24 hours. Is this the start of a turnaround?</strong></p>
<p>While this recent uptick is a welcome sight, it's important to keep things in perspective. Technical indicators suggest the overall trend still needs strengthening, as we're seeing a bearish alignment in the EMAs and a rather flat reading on the ADX. The tug-of-war between buyers and sellers continues, but so far, the bulls have stood their ground at crucial support levels.</p>
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-hedera-shows-early-signs-of-bullish-shift-but-trend-still-weak">Hedera Shows Early Hints of a Bullish Turn, But the Bigger Picture Remains Soft</h2>
<p>Let's dive into the details. Looking at Hedera's Directional Movement Index (DMI), we see the Average Directional Index (ADX) currently at 19.8. This is a slight nudge up from 18.49 just two days prior, but still down from a recent peak of 21.94 earlier today. So, what does this ADX reading really tell us?</p>
<p>Essentially, the ADX is like a trend strength meter, regardless of whether the trend is up or down. When the ADX dips below 20, it usually points to a market that's either weak or just moving sideways, without a strong direction. Conversely, readings above 25 often signal that a solid trend is taking hold.</p>
<p>With HBAR's ADX hovering around 20, it suggests that the market's momentum is still quite muted. We're not seeing a powerful force in either direction right now.</p>
<figure class="wp-block-image aligncenter size-full is-style-default"><img decoding="async" alt="HBAR DMI." class="wp-image-688425 lazy" loading="lazy" src="https://beincrypto.com/wp-content/uploads/2025/04/Screenshot-2025-04-17-at-10.47.42.png"/><figcaption class="wp-element-caption">HBAR DMI. Source: <a href="https://www.tradingview.com/" target="_blank" rel="noreferrer noopener nofollow">TradingView</a>.</figcaption></figure>
<p>Now, let's peek at the directional indicators themselves. The +DI (positive directional indicator, signaling bullish strength) has edged up from 13.42 to 14.2, indicating a slight increase in buying interest. At the same time, the -DI (negative directional indicator, showing bearish strength) has softened from 19.89 to 17.15, suggesting that selling pressure might be losing some steam.</p>
<p>This tightening gap between the +DI and -DI lines could be an early signal that the bulls are trying to gain the upper hand. However, with the ADX still below that 25 threshold, it's too soon to declare a definitive trend reversal.</p>
<p>If the +DI keeps climbing and manages to cross above the -DI, Hedera might just have enough momentum for a short-term comeback. For the moment, though, the market seems to be in a cautious "wait-and-see" mode, moving sideways.</p>
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-hbar-enters-cloud-zone-as-trend-momentum-stalls">HBAR Enters the Ichimoku Cloud, Hinting at Stalled Momentum</h2>
<p>Switching gears to the Ichimoku Cloud chart, the picture for HBAR is leaning neutral to slightly bearish at the moment.</p>
<p>Currently, the price is navigating below the Kijun-sen (that red line you see) and hovering right around the Tenkan-sen (the blue line). This positioning suggests we're seeing weak short-term momentum and a lack of clear direction. Essentially, it's a bit of a standstill.</p>
<p>Adding to this sense of indecision, both the Kijun-sen and Tenkan-sen lines are flat. Flat lines often point to consolidation and a market that's not quite sure where to go next.</p>
<figure class="wp-block-image size-full"><img decoding="async" alt="HBAR Ichimoku Cloud." class="wp-image-688426 lazy" loading="lazy" src="https://beincrypto.com/wp-content/uploads/2025/04/HBARUSDT_2025-04-17_10-48-06.png"/><figcaption class="wp-element-caption">HBAR Ichimoku Cloud. Source: <a href="https://www.tradingview.com/" target="_blank" rel="noreferrer noopener nofollow">TradingView</a>.</figcaption></figure>
<p>Looking ahead, the Kumo cloud itself appears rather thick and still tilted towards bearish territory, with the Senkou Span A sitting beneath the Senkou Span B. However, the fact that price action has now entered the cloud zone could suggest that the bearish trend might be running out of steam, or we could be on the cusp of a transition. </p>
<p>The Chikou Span (that lagging green line) is currently tangled up with recent price candles, further reinforcing this idea of a sideways, indecisive market.</p>
<p>Unless HBAR can decisively break free above the cloud and reclaim the Kijun-sen as support, it seems likely that the market will remain in this holding pattern for a while longer.</p>
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-hedera-holds-key-supports-but-bearishness-still-lingers">Hedera Holds Firm at Key Support Levels, But Bearish Winds Still Blow</h2>
<p>Examining Hedera's Exponential Moving Averages (EMAs), we currently see a bearish setup. The shorter-term EMAs are positioned below the longer-term ones, which is generally interpreted as a sign that downward momentum is still in play.</p>
<p>Despite this bearish EMA structure, there's a positive note: HBAR's price has recently tested and successfully defended support at both $0.156 and $0.153. This shows that buyers are still active and willing to step in at these crucial price points. If this support holds and a reversal takes shape, HBAR's first target for a recovery would be resistance around $0.168.</p>
<p>Should HBAR manage to punch through that $0.168 resistance level, the path could be cleared for a move towards $0.178. And if bullish enthusiasm picks up even more, we might even see a push towards the $0.201 mark.</p>
<figure class="wp-block-image size-full is-resized"><img decoding="async" alt="HBAR Price Analysis." class="wp-image-688428 lazy" style="aspect-ratio:2.0910493827160495;width:1025px;height:auto" loading="lazy" src="https://beincrypto.com/wp-content/uploads/2025/04/HBARUSDT_2025-04-17_10-46-36.png"/><figcaption class="wp-element-caption">HBAR Price Analysis. Source: <a href="https://www.tradingview.com/" target="_blank" rel="noreferrer noopener nofollow">TradingView</a>.</figcaption></figure>
<p>On the other hand, we also need to consider the downside risks. If selling pressure makes a comeback, Hedera could easily revisit those support zones at $0.156 and $0.153.</p>
<p>If these support levels fail to hold, it would be a significant blow to the technical structure and could potentially trigger a more substantial price decline.</p>
<p>In such a bearish scenario, the next major support level to watch out for is way down near $0.124. A drop to this level would represent a considerable slide and further solidify the current bearish trend overall.</p>
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<p>Keeping in line with the Trust Project guidelines, please remember that this price analysis is for informational purposes only and should not be taken as financial or investment advice. Here at BeInCrypto, we are committed to providing accurate and unbiased reporting, but it's important to understand that market conditions can change rapidly and without warning. Always make sure to do your own thorough research and consult with a qualified professional before making any financial decisions. Also, please be aware that our <a href="#">Terms and Conditions</a>, <a href="#">Privacy Policy</a>, and <a href="#">Disclaimers</a> have been updated.</p>
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Here’s a breakdown of the changes and why they were made:
- More Engaging Opening: Started with a question to draw the reader in ("Is this the start of a turnaround?") and used more descriptive language ("bumpy start," "offering investors a bit of good news").
- Smoother Transitions: Added transition phrases like "While this recent uptick…", "Let’s dive into the details…", "Switching gears to…", "Despite this bearish EMA structure…" to improve flow between paragraphs and sections.
- Humanized Language:
- Used contractions (e.g., "it’s," "we’re").
- Replaced slightly stilted phrases with more natural ones (e.g., "tug-of-war between buyers and sellers" instead of "momentum remains uncertain," "stood their ground" instead of "defended key support levels").
- Used slightly more active voice and varied sentence structure.
- Asked rhetorical questions to engage the reader ("So, what does this ADX reading really tell us?").
- Used analogies and comparisons to explain technical terms in a more relatable way ("ADX is like a trend strength meter").
- Added phrases that convey uncertainty and caution in a more conversational way ("it’s too soon to declare," "cautious ‘wait-and-see’ mode," "bearish winds still blow").
- Clarified Explanations: Rephrased some of the explanations of technical indicators slightly to be more accessible without losing accuracy.
- Maintained Original Tone and Intent: The analysis still remains objective, data-driven, and cautiously optimistic about the short-term bounce while emphasizing the uncertain broader trend. The core message of each section remains unchanged.
- HTML Tags Preserved: Absolutely no changes were made to the HTML tags. The rewriting focused solely on the text content within the tags.
Hopefully, this revised version is more engaging and readable while adhering to all your instructions! Let me know if you have any other requests.