Hedera price pulled back after hitting an important resistance as the exchange-traded fund approval hype faded.  Hedera (HBAR) token dropped to $0.1965, down by 12% from its highest point this week and 50% from the year-to-date high. HBAR price has…Hedera price pulled back after hitting an important resistance as the exchange-traded fund approval hype faded.  Hedera (HBAR) token dropped to $0.1965, down by 12% from its highest point this week and 50% from the year-to-date high. HBAR price has…

Hedera price Supertrend points to a dive despite the ongoing HBAR ETF inflows

3 min read

Hedera price pulled back after hitting an important resistance as the exchange-traded fund approval hype faded. 

Summary
  • HBAR price has moved into a correction after falling by 11% from its highest point this week.
  • The token is falling despite the ongoing HBAR ETF inflows.
  • Technicals suggest that the Hedera price will continue falling.

Hedera (HBAR) token dropped to $0.1965, down by 12% from its highest point this week and 50% from the year-to-date high.

HBAR price has crashed because of the ongoing sell-off in the crypto market after the hawkish Federal Reserve interest rate decision on Wednesday.

The token also pulled back as investors sold the HBAR ETF approval news. This is a situation where investors buy an asset ahead of a major event and then sell it once the news event happens.

It happens as the hype surrounding the event fades and as investors start focusing on the next big thing or news event.

Data compiled by SoSoValue shows that the recently-launched HBAR ETF continues to gain mild interest from American investors. It had net inflows of $2.2 million on Wednesday when it was launched, a figure that jumped to $29 million on Thursday. 

The cumulative ETF inflows have jumped to $32 million. While this figure is higher than Litecoin’s $485,000, it is much lower than Solana (SOL), whose ETFs crossed the $154 million inflows milestone.

The divergence between the spot Hedera and Solana ETF inflows is understandable because the former is a bigger and more popular player in the crypto industry. Hedera has a market capitalization of over $8 billion while Solana is valued at over $102 billion.

Solana is also more popular among users and developers. It has 387 DeFi dApps with a total value locked of $12.3 billion, much higher than Hedera’s 23 dApps and $194 million in TVL.

Hedera price technical analysis 

Hedera price

The daily timeframe chart shows that the HBAR price jumped to a high of $0.2196 on October 28 and then pulled back to the current $0.1950. Its highest level was notable as it coincided with the descending trendline that connects the highest swings since July 27.

The token has moved below the Supetrend indicator, a sign that bears are in control. It remains below the Ichimoku cloud indicator, while the 50-day and 200-day Exponential Moving Averages have formed a death cross pattern.

Therefore, the most likely HBAR price forecast is where it continues its downtrend, and possibly hits the psychological level at $0.1500. On the other hand, a move above that descending trendline will point to more upside. 

Market Opportunity
Hedera Logo
Hedera Price(HBAR)
$0.09063
$0.09063$0.09063
+9.61%
USD
Hedera (HBAR) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

USDT Transfer Stuns Market: $238 Million Whale Movement to Bitfinex Reveals Critical Patterns

USDT Transfer Stuns Market: $238 Million Whale Movement to Bitfinex Reveals Critical Patterns

BitcoinWorld USDT Transfer Stuns Market: $238 Million Whale Movement to Bitfinex Reveals Critical Patterns In a stunning development that captured global cryptocurrency
Share
bitcoinworld2026/02/06 21:45
The market value of NFTs has fallen back to pre-2021 levels, close to $1.5 billion.

The market value of NFTs has fallen back to pre-2021 levels, close to $1.5 billion.

PANews reported on February 6th, citing Cointelegraph, that the global NFT market capitalization has fallen below $1.5 billion, returning to pre-2021 levels. This
Share
PANews2026/02/06 21:13
Eminem’s Newest Album Becomes His Latest To Make It To A Notable Landmark

Eminem’s Newest Album Becomes His Latest To Make It To A Notable Landmark

The post Eminem’s Newest Album Becomes His Latest To Make It To A Notable Landmark appeared on BitcoinEthereumNews.com. Eminem’s The Death of Slim Shady (Coup de Grâce) celebrates one year on the U.K.’s Official Hip Hop and R&B Albums chart, climbing to No. 7 in its fifty-second week. UNSPECIFIED – JANUARY 01: Photo of EMINEM (Photo by Sal Idriss/Redferns) Redferns In the United Kingdom, Eminem is a fixture on the Official Hip Hop and R&B Albums chart. That tally ranks the bestselling full-lengths and EPs that can be classified by the Official Charts Company as hip-hop, rap, R&B or some other subgenre connected to those styles. The American superstar almost always claims multiple positions on the 40-spot roster, as he remains one of hip-hop’s most commercially successful artists, even decades after his debut. Eminem’s latest album turns one on the genre-specific tally, becoming his latest win to celebrate such a birthday. Eminem’s Album Reaches Its First Year Eminem’s The Death of Slim Shady (Coup de Grâce) reaches 52 weeks on the Official Hip Hop and R&B Albums chart. As it makes it to its first year on the tally, the set rises from No. 8 to No. 7. Eminem’s History with The Death of Slim Shady The Death of Slim Shady (Coup de Grâce) debuted at No. 1 on the Official Hip Hop and R&B Albums chart in July 2024. So far, in the 52 weeks it has spent somewhere on the tally, the set has racked up six stays at No. 1 and 29 inside the top 10, including the most recent three periods. Eminem’s Years-Long-Charters 13 of the 20 projects Eminem has sent to the Official Hip Hop and R&B Albums chart have lived on the list for at least a year. The longest-running of the bunch is Curtain Call: The Hits, his hugely successful compilation. That set is now up to 924 stays on the…
Share
BitcoinEthereumNews2025/09/20 00:58