HBAR Price on the Brink: Hedera Hashgraph’s Critical Metric Plummets 82%
Hedera's HBAR faces mounting pressure as network activity nosedives—just when institutions started pretending to care about 'enterprise blockchain.'
The 82% crash in Hedera's key metric spells trouble for HBAR bulls. No sugarcoating it: when your flagship use case evaporates faster than a meme coin's liquidity, investors notice.
Enterprise adoption? More like enterprise abandonment. The same suits who hyped Hashgraph's council governance are now quietly rotating into AI narratives—because nothing screams 'long-term commitment' like chasing the next buzzword.
Here's the brutal math: 82% fewer reasons to hold HBAR. Unless retail FOMO saves the day (it won't), this could get uglier than a Celsius balance sheet.
HBAR price technical analysis
The daily chart reveals that HBAR has been in a sustained downtrend in recent months. A death cross pattern formed on May 30, as the 50-day and 200-day Exponential Moving Averages crossed.
Hedera token has also plunged below the upper side of the descending channel. Also, the Relative Strength Index and the MACD indicators have continued falling, a sign that the bearish trend is gaining momentum.
As a result, Hedera is likely to continue sliding, with sellers eyeing the lower side of the channel at $0.1200. A move above the resistance level at $0.1855 WOULD invalidate the bearish outlook.