Hedera (HBAR) Tests Key Support Levels as Bearish Indicators Persist

BTCC / BTCC Square / Global Cryptocurrency /

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2025-05-20 01:44:14

[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN] Hedera HBAR News -

Hedera’s HBAR token has dropped 10% over the past week, with technical indicators signaling continued bearish pressure. The RSI and BBTrend remain in negative territory, and a potential EMA death cross is forming as the price approaches critical support levels.

BBTrend readings have stabilized between -8 and -8.5 following a sharp reversal from positive territory earlier this month. This Bollinger Band-derived metric indicates weakening bullish momentum and increasing downside potential. Traders are watching to see if current support levels will hold or if further declines are imminent.

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