HBAR Price Jumps 13% as Institutional Support Fuels Rebound
Hedera (HBAR) has surged more than 13% in the last 24 hours, a significant move that has reversed most of its weekly losses and shifted market sentiment. This rebound is distinguished by underlying strength in on-chain metrics, suggesting a potential shift in momentum driven by institutional players. The key question for traders and investors is whether this move can evolve into a sustained rally, with all eyes on a critical technical level at $0.155.
The recent price action marks a notable departure from the token's performance over the past month, where it remained down approximately 18%. The current bounce exhibits stronger conviction than previous recovery attempts, supported by data indicating accumulation by large wallets. This analysis will break down the technical structure, the signals from key indicators, and the precise levels that will determine HBAR's next major trend.
Buyer Strength Builds, but Momentum Still Shows a Small Warning
The HBAR price is currently consolidating within a triangle pattern, a technical formation where the range between highs and lows narrows over time. These patterns typically precede significant breakouts that determine the direction of the next sustained price move. Two primary indicators—Chaikin Money Flow (CMF) and the Relative Strength Index (RSI)—provide crucial, albeit mixed, signals about the underlying market dynamics.
The Chaikin Money Flow (CMF) indicator, which tracks whether large-scale investors are increasing or decreasing their positions, has shown notable strength. The CMF recently broke above its downward trend line and is positioned near 0.03. This movement is significant because it suggests "big money" or institutional support is building behind HBAR. For this rebound to gain credible, long-term footing, analysts watch for the CMF to climb toward 0.07. Achieving this level would form a higher high on the CMF chart without the HBAR price needing to retest its previous swing high near $0.198. Such a scenario would be a strong signal of rising spot demand from deep-pocketed investors, providing a solid foundation for any upward move.
Conversely, the Relative Strength Index (RSI), which measures the speed and change of price movements on a scale of 0 to 100, presents a mild cautionary signal. Between November 23 and December 3, the RSI made a higher high while the HBAR price made a lower high. This configuration is known as a hidden bearish divergence. In broader downtrends, this pattern often precedes a mild pullback, indicating that while momentum might be trying to recover, buying pressure hasn't been sufficient to drive price meaningfully higher yet.
However, this divergence has a clear invalidation point. The bearish signal from the RSI would be defeated if HBAR achieves a daily close above $0.155. Such a close would resolve the mismatch between price and momentum, confirming that buyer strength has finally overcome the selling pressure at this key level.
HBAR Price Levels: The One Break That Turns the Rebound Into a Rally
The entire technical setup for HBAR currently revolves around a single, decisive price barrier: $0.155. As of the latest data, HBAR trades around $0.149. A daily close above $0.155 would accomplish several critical technical feats simultaneously. First, it would push the price toward the apex of the prevailing triangle pattern, setting the stage for a confirmed breakout. Second, it would definitively invalidate the hidden bearish divergence on the RSI, neutralizing its warning signal. Finally, it would confirm that buyer demand possesses enough sustained force to potentially shift the near-term trend from neutral or bearish to bullish.
Should such a breakout occur with continued improvement in the CMF indicator, the chart structure opens the path for a move toward the next significant resistance level near $0.180. This would represent the next logical target for a rally originating from the triangle pattern.
On the downside, risk management remains crucial. The nearest key support level is established around $0.142, which has acted as a floor during recent trading sessions. A drop below this level would weaken the current rebound structure significantly. In such a scenario, especially if coupled with broader market softness, the focus would shift back to the $0.130 level as the next major area of potential support.
Strategic Conclusion: Watching for Confirmation Amid Institutional Backing
The current state of HBAR presents a compelling mix of technical factors. On one hand, there is clear evidence of strengthening money flow from institutional or large-scale investors, as evidenced by the CMF breakout. This provides a fundamental pillar of support that was absent in earlier, failed rebound attempts. On the other hand, momentum has not yet fully confirmed this strength, as highlighted by the RSI's hidden bearish divergence.
For crypto readers and market participants, this creates a clear watchlist:
- The $0.155 Level: This is the linchpin. A confirmed daily close above this price is the primary signal that the rebound has matured into a rally with legitimate upside potential.
- CMF Trend: Monitoring whether the Chaikin Money Flow continues its ascent toward 0.07 will be essential for gauging the sustainability of any breakout.
- Support Holding: Maintaining price above $0.142 is critical for keeping the current bullish structure intact in the near term.
The broader takeaway is that HBAR's 13% jump is more than just a typical crypto volatility spike; it is backed by tangible data showing institutional accumulation. However, in cryptocurrency markets, price action is the ultimate truth-teller. The coming sessions will reveal if this institutional support is powerful enough to catalyze a full trend reversal or if HBAR remains trapped within its consolidation pattern awaiting another catalyst.
Disclaimer: This article is for informational purposes only and should not be considered financial or investment advice. Always conduct your own research and consult with a professional before making any financial decisions.