Hedera HBAR Nearing Critical Juncture as Death Cross Threatens 10% Decline
HBAR's price action reflects a tense equilibrium between buyers and sellers, but technical indicators suggest a potential breakdown. The 4-hour chart shows the 20-period EMA nearing a bearish crossover below the 50-period EMA—a classic Death Cross formation that often precedes short-term downside momentum.
Exchange net flows tell a concurrent story. After weeks of strongly negative flows peaked at -$46 million in late July—indicating aggressive accumulation—the trend has weakened significantly. Recent figures show outflows shrinking from -$40 million to just -$10 million, signaling fading demand pressure as HBAR approaches a critical inflection point.