BTCC / BTCC Square / Beincrypto /
Hedera (HBAR) Faces Persistent Resistance Below $0.17 as Key Support Levels Remain Intact

Hedera (HBAR) Faces Persistent Resistance Below $0.17 as Key Support Levels Remain Intact

Author:
Beincrypto
Published:
2025-04-17 19:00:00
8
2

As of April 18, 2025, Hedera’s HBAR token continues to encounter significant selling pressure below the $0.17 price threshold. Despite multiple attempts to break through this resistance level, the digital asset has been unable to sustain upward momentum. Technical analysis indicates that while the price struggles to gain bullish traction, established support zones are effectively preventing further downside. Market participants are closely monitoring these critical levels, as a breakdown could signal renewed bearish sentiment, whereas a successful breach of resistance may open the door for potential recovery. The current consolidation pattern reflects cautious market dynamics amid mixed signals from broader cryptocurrency markets.

Hedera Shows Early Signs of Bullish Shift, But Trend Still Weak

Hedera’s DMI indicator shows its ADX at 19.8—slightly up from 18.49 two days ago but down from a recent high of 21.94 earlier today.

The ADX (Average Directional Index) measures the strength of a trend, regardless of its direction. Values below 20 typically indicate a weak or consolidating market, while readings above 25 suggest a strong trend is developing.

HBAR’s current ADX near 20 suggests momentum is still relatively soft, with no clear directional strength in place.

HBAR DMI.HBAR DMI. Source: TradingView.

Looking at the directional indicators, the +DI (Directional Indicator) has risen from 13.42 to 14.2, showing a slight increase in bullish pressure. Meanwhile, the -DI has declined from 19.89 to 17.15, indicating weakening bearish momentum.

This narrowing gap between +DI and -DI may signal a potential shift in favor of the bulls, but with ADX still under 25, the trend remains unconfirmed.

If +DI continues to climb and crosses above -DI, Hedera could attempt a short-term reversal—but for now, the market remains in a cautious, sideways phase.

HBAR Enters Cloud Zone as Trend Momentum Stalls

The Ichimoku Cloud chart for HBAR reflects a mostly neutral to slightly bearish trend.

The price is currently trading below the Kijun-sen (red line) and very close to the Tenkan-sen (blue line), indicating weak short-term momentum and a lack of clear direction.

Both lines are flat, which often signals consolidation and market indecision.

HBAR Ichimoku Cloud.HBAR Ichimoku Cloud. Source: TradingView.

Looking ahead, the Kumo (cloud) is relatively thick and bearish, with the Senkou Span A below the Senkou Span B. However, price action has entered the cloud zone, suggesting possible trend exhaustion or transition.

The Chikou Span (lagging green line) is overlapping with recent price candles, reinforcing the sideways outlook.

Unless HBAR breaks cleanly above the cloud and reclaims the Kijun-sen, the market is likely to remain in a holding pattern.

Hedera Holds Key Supports, But Bearishness Still Lingers

Hedera’s EMA lines are currently showing a bearish structure, with short-term averages positioned below the long-term ones—typically a sign of ongoing downward momentum.

Despite this, HBAR price has recently tested and held support at both $0.156 and $0.153, signaling that buyers are still defending key levels. If the trend reverses from here, HBAR could begin a recovery move, first targeting resistance at $0.168.

A break above that level could open the path to $0.178, and if bullish momentum strengthens further, a move toward $0.201 could follow.

HBAR Price Analysis.HBAR Price Analysis. Source: TradingView.

On the flip side, if selling pressure resumes, Hedera could retest the same support zones at $0.156 and $0.153.

Losing these levels would weaken the technical structure significantly and could trigger a deeper drop.

In that case, the next major support comes all the way down near $0.124, which would represent a substantial decline and reinforce the current bearish trend.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users