Hedera Hashgraph’s (HBAR) native crypto currency has been flashing some oversold signs on multiple time-frames. While that’s a bullish signal on its own, the technical perspective on HBAR price shows a huge probability of a pullback towards the $0.07 support zone before a bullish breakout happens.
Institutional Money Rotates Back Into HBAR, Price Sleeps
Institutional interest is one of the key catalysts for such a scenario to occur. On the exchange traded fund (ETF) front, HBAR pulled in $863.98K on August 25, marking the best daily result since July 2, 2026. This has pushed the cumulative net inflow to $107.48M, mainly thanks to Canary Capital’s NASDAQ-trading HBR ETF.
With the net assets towering by $56.88 million in a week, HBAR restored momentum that nearly topped at quarterly highs. Now, the bigger question is whether big-time investors are ready to back up HBAR at the $0.07 support territory before heading towards 0.382 Fibonacci level at $0.103.
Laid out by French technical chart analyst Egrag, the Fibonacci Retracement methodology lets us understand where the next leg-up can take HBAR. The most plausible near-term targets remain the Fib 0.5 level at $0.143, following a plausible bounce to the 0.618 Fib – roughly at $0.198.
HBAR Touches Oversold Land, SuperTrend Turns Bullish
$0.56 is the ultimate target that would put HBAR very close to the all-time high, inked over 7 years ago. Topping out at $0.083 during last week’s rebound rally, HBAR has now broken into the oversold zone, flipping the Stochastic Relative Strength Index (StochRSI) bullish.
Trading fractions of a cent above the green-line SuperTrend price, Hedera’s native HBAR coin is rocking a 24-hour trading volume of $56.52 million, a comparatively small sum when matched against similar-ranked altcoin peers like Shiba Inu’s $82.86 million or LiteCoin’s (LTC) $255.7M.
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