Hedera Weekly Price Analysis: HBAR In Consolidation Phase After The Bear Run, Is It Preparing For A Next Major Move?

Are you thinking about investing in Hedera? If you need a detailed weekly price analysis to guide your decision, you’ve come to the right place. This week, Hedera has been in a sharp downtrend. Is it the right time to buy dip or will there be more fall ahead? Let’s dive into weekly HBAR price trend using indicators like MACD and RSI and try to predict its future movements.

Hedera Weekly Price Analysis from 8th to 15th March

The trading week opened with a downtrend channel, indicating bearish sentiment dominating the market. The weekly support and resistance levels are set at $0.184 and  $0.236 respectively. Prices have continued on a downward trajectory as buying pressure remains weak, as shown by the formation of a golden cross at 04:00 UTC 8th March, where the sell side quickly regained the momentum after a short rise. The price fall extended into the next trading day, reinforced by a death cross on the MACD line on March 9th at 01:30 UTC reaching a low of $0.198. 

Chart 1, Analyzed by Alokravantmedia published on March 15, 2025.

By 10th March 00:05 UTC, a golden cross appeared on the MACD line aligning with RSI oversold signal which is when the RSI level falls below 30, to support the prices from decline and starting a new uptrend channel. The price rose to a level of $0.216 following a spike, as can be seen in the price chart but could not hold for long as by 13:00 UTC, a death cross appeared on the MACD line, strengthening the sell side and pulling the prices again in a downward trajectory this time breaking out the support level for a brief period.

HBAR Recovery and Continued Trading Range

Following the breakout and subsequent recovery after a golden cross appeared at 02:00 UTC on 11 March, coinciding with the oversold signal from RSI pushing the prices upward and giving a much needed confidence to bullish momentum and entering a new trading range. Within the trading range, the price has been fluctuating between $0.187 and $0.207, indicating a period of market uncertainty reflecting neither the buy side nor the sell side have decisive control over the trend. The chart reveals multiple unsuccessful breakout attempts in both directions as a pattern of alternating golden crosses and death crosses has emerged as can be seen at 12:30 UTC on 12th March when a breakout happened for a brief period and at 19:00 UTC on 13th when the prices fell below the support zone of the trading range for a very short period, reinforcing the ongoing consolidation. 

HBAR Price Prediction: Outlook and Potential Scenario

The HBAR price trend shows that the market is currently in a consolidation phase, with price movements confined within a established trading range. The Hedera weekly price analysis suggests that a prolonged breakout above the current resistance level of $0.207 in the trading range would solidify the buy side momentum, potentially targeting the $0.236 key resistance level. However, a fall below the $0.184 support level could also result in further downfall in prices, reducing it to lower support levels. The Hedera weekly price analysis indicates that traders should monitor confirmation from signals like MACD and RSI to ascertain the subsequent course of action.