HBARUSD (HBAR) lost 10.32% over a 9-day stretch, targeting 32% upside if the breakout confirms

On May 20, 2025, Hedera Hashgraph (HBAR) formed a falling wedge pattern on the 4-hour chart, according to TradingView data.

Hedera Hashgraph (HBAR) lost 10.32% over a 9-day stretch, according to the HBARUSD 1D chart from TradingView. The decline started after the token failed to hold above the $0.218 resistance, leading to a steady drop down to $0.19594.

The chart shows that HBAR faced rejection near $0.21848 and then entered a tight descending range. The current price is hovering just above the 50-day Exponential Moving Average (EMA), which stands at $0.19058. This level now acts as short-term support.

Volume during the drop reached 36.86 million, indicating consistent selling pressure. The lack of strong bounce attempts and consecutive red candles suggest that buyers have not yet regained control. The trend remains bearish unless HBAR can break back above the $0.21 zone.

HBAR Forms Falling Wedge, Eyes 32% Upside if Confirmed

On May 20, 2025, Hedera Hashgraph (HBAR) formed a falling wedge pattern on the 4-hour chart, according to TradingView data. A falling wedge is a bullish reversal pattern where the price moves between two downward-sloping, converging trendlines, suggesting declining selling pressure and potential for an upward breakout.

If the breakout confirms, HBAR could rise approximately 32% from the current price of $0.19516 to the projected target of $0.25742.

The chart also shows that the 50-period Exponential Moving Average (EMA), currently at $0.19663, is closely tracking the upper wedge boundary. HBAR is now testing this resistance. A close above both the EMA and the wedge’s upper trendline would confirm the breakout.

Meanwhile, the Relative Strength Index (RSI), set to a 14-period lookback, currently reads 50.18. This neutral zone reading reflects the current balance between buying and selling momentum. However, it has begun to tilt upward from the oversold boundary near 44.99, hinting at rising bullish momentum.

Volume stands at 21.59K and shows early signs of building up. For confirmation, a surge in volume on the breakout would reinforce the bullish reversal and support the 32% move toward $0.25742.

HBAR’s BBTrend Turns Bearish After Short-Lived Positive Run

The BBTrend (Bollinger Band Trend) indicator for Hedera Hashgraph (HBAR) turned negative on May 16, 2025. According to the TradingView chart, the indicator dropped to -8.88 and has since remained in the red zone.

This shift marks the end of a brief bullish phase that started on May 11 and peaked on May 12. A positive BBTrend reading suggests rising volatility in an upward direction, often supporting bullish momentum.

From May 11 to May 15, the indicator climbed steadily, reaching a high above 16. However, after May 15, it declined sharply. On May 16, the trend crossed below the zero line, signaling a momentum shift from bullish to bearish.

Since the crossover, BBTrend values have stayed between -4 and -8.88, confirming sustained negative pressure. This move reflects weakening market strength and likely continuation of downward momentum in HBAR’s price.

The transition from green to red bars also shows that traders are no longer pushing the price above the upper Bollinger Band. Instead, selling activity is increasing, dragging volatility in a downward direction. If the BBTrend remains negative, it could indicate continued bearish control in the short term.

Hedera Stablecoin Supply Surges 353% to $181 Million, Signals Rising On-Chain Activity

The supply of stablecoins on the Hedera blockchain has increased sharply. According to DeFi Llama, the total stablecoin supply reached $181.2 million on Monday. This marks a strong jump from just $131 million last Friday and a year-to-date low of $40 million.

When stablecoin supply rises on a blockchain, it usually means more users are moving funds on-chain. This often leads to more transactions, which can boost network activity and increase transaction fee revenues. In simple terms, more stablecoins often mean more demand for the blockchain.

For example, Tron (TRX) has become the most profitable blockchain because of its large volume of Tether (USDT) transfers. If Hedera’s stablecoin supply continues to grow, it could follow a similar path.

HBAR Funding Rate Stays Positive Since April 16, Signals Bullish Futures Sentiment

The open interest (OI)-weighted funding rate for Hedera