The price of HBAR fell by 11% this week as the Hedera project failed to break out of the consolidation range that lasted for over three weeks.
Despite the decline, investor confidence remains intact, with early signs indicating that accumulation may strengthen quietly beneath the surface.
Investors in Hedera are showing optimism
The money flow index is recording a sharp uptick, indicating new inflows into HBAR. After spending nearly a month in negative territory, the index has pushed back above the zero line.
This shift suggests that investors have begun allocating new capital to Hedera, even as the price continues to move sideways. This behavior often reflects confidence in long-term prospects despite short-term stagnation.
Do you want more insights on currencies? Subscribe to the daily cryptocurrency newsletter from editor Harsh Notaria here.
The momentum pressure index highlights the formation of pressure with weak downward pressure persistently. The chart shows momentum is near a bullish crossover, an early signal that sellers may be losing control.
If the pressure is released while momentum shifts to the positive side, HBAR could experience a breakthrough driven by volatility. This setup is often associated with trend reversals, especially when accompanied by improvements in flows.
HBAR declined by 11% over the past week and remains trapped in a tight range between $0.150 and $0.130. The three-week-long consolidation has halted any attempts at achieving sustainable upward movement.
If the progressive CMF indicator and buying momentum improve and stabilize, HBAR may bounce from support at $0.130 and attempt to break above $0.150. Removing this barrier would open the path towards $0.162, providing the first meaningful sign of recovery.
However, if momentum fails to validate, consolidation may continue. A shift in investor sentiment towards selling could send HBAR below $0.130. This would expose the currency to a drop to $0.125 and negate the buying hypothesis.
