Hedera Price Prediction: Technical Weakness and Flat Momentum Signal Extended Consolidation Phase

Hedera Hashgraph (HBAR) continues to trade within a narrow range, reflecting subdued volatility and low momentum across multiple timeframes.

While short-term price fluctuations show some signs of accumulation, broader technical indicators remain weak. Market behavior points to a possible continuation of the current consolidation unless key resistance levels are breached with meaningful volume and institutional interest.

Hourly Chart Signals Sideways Action Amid Fading Momentum

The hourly chart of HBAR/USDT on Open Interest highlights a cycle of rising prices, sharp decline, and prolonged stabilization. Between May 21 and 23, HBAR experienced a clear uptrend, with the price forming a series of higher highs and higher lows—indicative of short-term bullish momentum.

This rally was supported by a noticeable increase in Aggregate Open Interest (OI), which typically reflects increased speculative participation. However, the trend reversed on May 23, and the price entered a consistent decline, suggesting profit-taking and a shift in market sentiment.

Source:Open Interest

From May 24 through 28, the price action shifted into a consolidation phase, with limited volatility and smaller candlestick formations. The price moved largely sideways in the $0.181 to $0.191 range. This kind of behavior is often interpreted as market indecision, where both buyers and sellers remain cautious.

Meanwhile, the OI indicator showed a significant drop following the May 23 reversal and remained relatively flat during the consolidation period. On May 29, a modest uptick in OI was observed, possibly signaling renewed interest, although confirmation of a directional breakout has yet to occur.

The presence of consistent OI alongside range-bound price action often suggests the potential for a larger move. Traders will likely monitor OI alongside price for signs of breakout or breakdown, particularly if coupled with increased volume. A breakout above $0.192 or a fall below $0.180 may serve as early signals for directional momentum.

Daily Price and Volume Show Neutral-to-Bearish Conditions

Additionally, Brave New Coin’s 24-hour chart of HBAR shows mild intraday volatility with two small peaks during the session—one in the morning and another in the evening—before the price settled slightly lower overnight.

The asset closed at $0.187168, marking a minimal increase of 0.07% for the day. The price range remained tight between $0.181 and $0.191, pointing to a neutral sentiment in the market. This narrow fluctuation indicates a lack of strong buying or selling pressure, often associated with short-term consolidation phases.

Source:Brave New Coin

The 24-hour trading volume stood at $138.03 million, maintaining a steady profile throughout the session. While this volume level indicates healthy liquidity, it did not show any substantial spikes during price movements.

This lack of volume acceleration suggests that price changes were driven by retail activity or algorithmic trading rather than significant institutional inflows. Sustained volume without a strong directional move typically reflects indecision in the market and aligns with flat price behavior.

Hedera Price Prediction maintains a market capitalization of $7.9 billion, placing it within the top 30 cryptocurrencies by market cap. The project continues to be backed by notable enterprises such as Google, IBM, and LG, with active use cases built on its Hedera Consensus Service (HCS).

However, the lack of upward momentum in recent weeks indicates that current market sentiment may be awaiting a stronger technical or fundamental catalyst to drive directional conviction.

Hedera Price Prediction: Weekly Technical Indicators Confirm Bearish Pressure

On the weekly chart of HBAR/USDT from Binance, the asset remains in a longer-term downtrend, with a series of lower highs and lower lows continuing since early 2024. After reaching a high near $0.40, HBAR has steadily declined and now trades near $0.1855.

The recent weekly candles feature small bodies and tight ranges, confirming indecision and a weakening bearish trend rather than an active bullish reversal. This is often observed in the late stages of a downtrend or early consolidation phase.

Source:TradingView

Technical momentum indicators support this cautious view. The Moving Average Convergence Divergence (MACD) remains in negative territory, with the MACD line still below the signal line.

Although the histogram has turned slightly less negative at -0.00531, indicating weakening bearish momentum, no crossover has occurred to confirm a potential trend shift. Until the MACD crossover materializes and the price follows with volume confirmation, the chart structure remains tilted toward extended consolidation.

The Chaikin Money Flow (CMF) indicator is also below zero, currently reading -0.21. This reflects ongoing capital outflows, consistent with reduced buying interest from larger investors. Persistent negative CMF values suggest that any price gains are likely driven by short-term traders rather than long-term holders or institutions.

For any meaningful bullish move to take shape, CMF would need to shift into positive territory, ideally in tandem with MACD confirmation and a price breakout above resistance near $0.20–$0.22.