{"id":162868,"date":"2025-07-16T07:00:22","date_gmt":"2025-07-16T04:00:22","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=162868"},"modified":"2025-07-15T23:29:26","modified_gmt":"2025-07-15T20:29:26","slug":"hedera-hbar-faces-sharp-pullback-after-49-monthly-rally","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/hedera-hbar-faces-sharp-pullback-after-49-monthly-rally\/","title":{"rendered":"Hedera (HBAR) Faces Sharp Pullback After 49% Monthly Rally"},"content":{"rendered":"

Despite holding above $0.22, technical signals and derivatives market dynamics suggest the altcoin could face more volatility in the short term.<\/p>\n

Overbought signals trigger sharp correction<\/h2>\n

HBAR\u2019s Relative Strength Index (RSI) hit extreme levels\u201487.9 on the 7-day and 79.8 on the 14-day\u2014indicating overbought conditions. Historically, such levels have often preceded price corrections. The token was also trading 30% above its 50-day moving average, making it vulnerable to mean reversion.<\/p>\n

Support near $0.225, based on Fibonacci retracement (23.6% level), failed to hold during Tuesday\u2019s pullback. The next key support is around $0.206, corresponding to the 38.2% Fibonacci level.<\/p>\n

Market-wide headwinds add pressure<\/h2>\n

HBAR\u2019s underperformance came amid a 1.8% drop in the overall crypto market cap and a rise in Bitcoin dominance to 63.12%. This signals capital rotation toward BTC and away from riskier altcoins. Meanwhile, the Crypto Fear & Greed Index remains at 70, a traditionally contrarian signal warning of potential downside.<\/p>\n

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Still, prominent analyst Ali Martinez sees<\/a><\/strong> bullish potential if HBAR breaks above the $0.36 resistance. For now, traders are watching whether institutional adoption narratives can offset technical headwinds\u2014especially if Bitcoin stabilizes above $117,000.<\/p>\n

Key levels to watch: $0.206 support, $0.265 resistance, and Bitcoin\u2019s $117.4K macro pivot.<\/p>\n