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Hedera (HBAR) price has maintained a sideways trend over the past few weeks, with a modest 3.8% increase in the last seven days. The token is struggling to maintain a market capitalization above $11.5 billion as market momentum shows signs of weakening.
Although HBAR still maintains an uptrend, technical indicators give mixed signals, which could lead to continued growth or reversal. Traders are watching whether HBAR can break through key resistance levels, or if it will test lower support zones.
Hedera Is Still Rising, But Change Could Be About to Change
Hedera’s Average Directional Index (ADX) is currently at 35.9, reflecting a strong trend, although slightly down from 37.7 a few hours ago. ADX measures trend strength on a scale of 0 to 100, with values above 25 indicating a strong trend, and below 20 signaling weak or no momentum.
Current levels suggest that HBAR price remains on a strong uptrend, although the slight decline in ADX suggests the possibility that momentum may be decreasing.
Directional indicators add further context, with +DI at 24.9, down from 38.2 two days ago, and -DI at 15.1, up from 9.1 over the same period. This shows that although buying pressure still dominates, it has weakened significantly and selling pressure is starting to increase.
If this trend continues, the uptrend may lose momentum. HBAR could enter a sideways phase or even a downtrend, unless new buying increases +DI and stabilizes ADX.
Ichimoku HBAR Cloud Shows Mixed Signs
Hedera’s Ichimoku Cloud chart currently reflects a mixed structure. Prices are trading near the red cloud, signaling a period of uncertainty as the market tries to establish a clear direction.
While the blue cloud ahead suggests bullishness, the price’s location near the red cloud indicates further confirmation is needed to consolidate the uptrend.
The Tenkan-sen line (blue) is trending down and has moved closer to the Kijun-sen line (orange), showing that short-term momentum is weakening.
For HBAR price to return to an upward trajectory, it will be necessary to move aggressively above the cloud and maintain its position. Conversely, if the price breaks below the cloud, this could signal a bearish transition, leading to a deeper fall.
HBAR Price Prediction: Will Hedera Return to $0.23 in January?
HBAR price is currently moving sideways between the critical support at $0.274 and resistance at $0.311. It formed a golden cross a few days ago, but HBAR price has not yet been able to overcome the resistance around $0.32.
If the current uptrend regains strength and succeeds in overcoming the $0.311 resistance, Hedera could see further upside momentum, potentially testing the next resistance at $0.338.
However, if the $0.274 support fails to hold, the current trend could reverse to bearish. In that case, HBAR price could face additional selling pressure, pushing down to the next support level at $0.233.
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