HBAR Tests Critical Support at $0.11 as Sellers Dominate December Trading. Market Structure Shifts Lower. Price dropped 22.7% over the past month, erasing November gains. Momentum indicators flash oversold signals not seen since August. Support at $0.107 faces sixth test since October – bulls defend narrowly.
HBAR tests $0.1024 support as price tumbles 23.2% this week. Institutional adoption narrative grows despite market shift lower. Traders question if support will hold or if technical structure suggests more downside.
HBAR Darts 10% Higher as CME Validation Meets Technical Support at $0.107
Market Structure Shifts Higher
Price bounced decisively from six-month lows at $0.107, climbing 10.2% in three days
CME’s regulated pricing feed announcement sparked institutional interest amid oversold conditions
HBAR consolidates near $0.12 after shedding 22% in the past month. Georgia Justice Ministry partnership highlights institutional adoption progress. Technical indicators signal oversold bounce potential from six-month tested support. Hedera’s HBAR token trades at $0.120, marking a devastating 22% monthly decline that erased gains from November’s institutional partnerships.
HBAR tests critical support at $0.124 despite Georgia partnership news. Market pulse shows weekly decline of 10.9% after national registry tokenization plan failure to spark recovery. Momentum indicators reset to oversold levels, signaling weakening bear trend. Traders wonder if $0.107 support will hold or if institutional use cases can provide relief bounce.
HBAR dropped 7.67% this week despite reaching 9 million users and Georgian government adoption. RSI sits at 43.49 on the daily timeframe, signaling momentum exhaustion after December’s rally attempt. Price trades below all major moving averages with the 20-day EMA at $0.146 acting as immediate resistance. Hedera’s HBAR finds itself at a crossroads as fundamental progress collides with technical weakness.
HBAR Tests Critical Support as Georgia Partnership Sparks Enterprise Adoption Wave
Market Structure Shifts Lower
HBAR dropped 18.7% this month despite Georgia’s revolutionary real estate registry partnership
RSI at 44.8 signals momentum reset after testing oversold territory at 37.4
Support at $0.107 has defended six times since November – bulls guard this line
HBAR’s price action tells a sobering story this week – even revolutionary news couldn’t stop the bleeding. The token slid 5.2% over seven days to $0.139, extending monthly losses to 17.3% despite Georgia’s Ministry of Justice announcing they’ll move their entire national real estate registry onto the Hedera blockchain. What’s particularly revealing is how price rejected at the 20-day EMA ($0.147) immediately after the partnership announcement, suggesting institutional players used the news pump to distribute positions. The main question for traders is: will the psychological $0.13 level hold, or are we headed for a deeper flush toward December’s $0.122 lows?
HBAR plunges to $0.138 as Georgia partnership fails to halt December selloff. RSI at 41.3 signals oversold conditions, with support at $0.107 emerging as a critical line after shedding 36.6% from three-month highs. Despite Georgia selecting HBAR for national real estate registry, prices continue to plummet, raising concerns among traders.
HBAR has undergone a devastating 44% drop from its yearly high of $0.220, yet the token demonstrates resilience at the $0.139 support level. The integration of Wrapped Bitcoin onto Hedera’s network arrives as institutional interest accelerates, providing fundamental tailwinds. Can this battle-tested support level hold as new integrations reshape the network’s utility?