Will Hedera Make Us Laugh Next? Another 40% Crash Looms on the Horizon!

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It appears that the illustrious rally of HBAR is beginning to resemble a deflated balloon! 🎈 After a breathtaking ascent of 58.77% in the month past, this fiery creature has decided to retreat, shedding over 8% in just the last 24 hours.

Ah, the classic cooldown. Yet, if one dares to peer through the murky fog of past price antics, short-term signals, and the thrilling dance of support zones, one might sense that something darker lurks beneath. 🎭

History Whispers of a Familiar Profit-Taking Abyss

Why ponder the ever-charming drawdowns now, you ask? Because, dear reader, our beloved Hedera has waltzed into a classic profit-booking zone! Let’s rewind to March 2025, when HBAR soared to a dizzying height of $0.26, only to find itself plummeting by 53.74%—the very moment we were graced by a phenomenal 47% crash, tumbling down to $0.14 in a blink! 📉

Fast forward to July 22, when the drop loomed at 52% with HBAR flirtatiously perched at around $0.27. An intriguing correction has danced in, as traders seem all too eager to cash in their chips in this thrilling 50–60% drawdown locale. Perhaps one should consider investing in an umbrella instead? ☔️

In a curious twist, even if our tale unfolds like March with a gentler touch (thanks to the altcoin season’s nasty rumors), a modest 40% slip from $0.27 finds HBAR at about $0.16, coincidentally aligning with a key support zone. More of this melodrama awaits in the analysis! 🎭

In plain words, these historical drawdown zones have become the treacherous cliffs where traders invariably slam the brakes. And oh, how the tale seems poised to repeat!

ATH drawdown serves as a reminder of how far our adventurous token has fallen from its once glorious peak, revealing the customary zones where traders stuff their pockets full of golden coin.

The Grim Reaper’s Whisper: The Death Cross on the 4-Hour Chart

Zooming in on the 4-hour chart reveals yet another ominous warning. The 20-period EMA (the dreaded red line) is ominously approaching the 50-period EMA (the orange line), a classic omen known as the “death cross.” While it hasn’t played its hand just yet, the setup is practically begging for a dramatic performance. ⚰️

We favor the 4-hour chart here as it often sniffs out trend reversals quicker than a cat spotting a laser pointer. This signal whispers that the tide is shifting against our beloved bulls. 🐂

Backing this peculiarity is the Bull Bear Power Index, now twisted to the negative realm. It seems sellers are sharpening their claws, implying that this fall might gather momentum if our bullish heroes don’t rush to the rescue. If the crossover confirms its sinister plot, brace for a fresh wave of momentum-driven selling, especially as history paints the canvas in grim hues once again. 🎨

Bull Bear Power is the magical measure of buyers versus sellers. A negative (red) flip means the bears are hosting a sale! 🐻

For those who crave more riveting token tales and market wisdom: Yearning for more gripping insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter right here! 🎤

The Dreaded Support Lurking at $0.21

Currently, the valiant HBAR sways around $0.23, perilously dangling just above the 0.382 Fibonacci retracement level residing at $0.23. This line has been drawn from the low of $0.12 to the lofty high of $0.29—an equation that leads us down a rabbit hole of suspense. 🐇

Should the $0.23 support crumble, an increasingly possible affair, the next line of defense awaits at $0.212 (Fib 0.5 level). Beyond that, the critical thresholds of $0.19 and $0.16 loom large, the latter signifying a gallant 40% drop from recent peaks.

But fear not! If HBAR manages to reclaim the $0.25 support (now turned villainous resistance) and sidesteps the death crossover, our bearish suspicions could face extinction! 💥

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2025-07-25 02:47