HBAR Faces Losses After Second Death Cross in 6 Weeks

HBAR has fallen into negative territory once again, extending a downward trend that has affected its price over the past weeks. Although price swings are typical in cryptocurrencies, the recent occurrence of a Death Cross for the second time in just six weeks has unsettled investors. This pattern is generally seen as a cautionary indicator, pointing to possible further losses.

What the Death Cross Means for HBAR?

Here’s why this technical signal matters. A Death Cross occurs when the 200-day Exponential Moving Average (EMA), which reflects the long-term trend, crosses above the 50-day EMA, an indicator of more recent price movements. It often indicates a shift from upward momentum to a likely extended downturn.

HBAR first showed this pattern at the end of May, following a brief Golden Cross earlier that month—a bullish signal that lasted only about two weeks before reversing. This quick shift from bullish to bearish highlights the uncertainty in HBAR’s short-term outlook. For traders, the Death Cross is a warning sign that the price may struggle to hold onto gains and could face further declines.

While technical patterns are not certain predictors, the recurring Death Cross emphasizes weak buying pressure and suggests fragile market sentiment around HBAR.

Selling Pressure Could Push Price Lower

Adding to the cautious outlook is the liquidation map, which highlights the significant risks traders are facing. HBAR is currently holding a critical support level around $0.163. If this level is breached, it could trigger liquidations totaling approximately $11.5 million, a figure that would almost certainly push the price even lower.

What’s happening here is a classic example of how market mechanics can amplify losses. When stop-losses trigger and forced sales hit the market, the selling pressure intensifies, creating a feedback loop that drives prices down faster. This isn’t unique to HBAR; many altcoins have fallen victim to similar cascades in recent volatile sessions.

Currently, trading volumes show a lack of strong buying support, meaning the bears have the upper hand. If $0.163 gives way, the next stop could be near $0.154, a level that would likely spur more sell-offs. Conversely, holding above this support is crucial to prevent the slide from accelerating.

Can HBAR Break Through Resistance?

Although the overall outlook remains weak, HBAR shows some resilience. At the time of writing, it is modestly higher by 0.33%, trading near $0.1714 as it tries to recoup earlier losses. For the recovery to strengthen, it must break the resistance around $0.172 and hold that level as new support.

If the price rises above $0.172, it could target the next resistance level around $0.182. Clearing this hurdle would challenge the current bearish outlook and hint at a possible recovery. Still, without sustained demand, these technical advances may not hold.

Investors remain cautious about HBAR due to wider crypto trends and uncertainty. Without good news, the price could keep moving sideways or decrease.

What’s Next for HBAR?

HBAR’s current technical outlook suggests vulnerability. The repeated Death Cross indicates sustained bearish momentum, while the threat of liquidations increases the risk of further declines.

Although attempts to reclaim resistance might offer short-term relief, they are unlikely to reverse the overall trend without stronger market conviction. For now, HBAR remains in a shaky position, caught between fragile support and growing selling pressure.