Hedera Hashgraph is exhibiting signs of a potential trend reversal, as analysts have spotted a bullish divergence on the daily chart. The price has stabilized above the $0.14–$0.145 support zone, and with momentum indicators showing an upward turn, buyers appear to be gradually reclaiming control over the cryptocurrency. This shift suggests a reduction in selling pressure, positioning Hedera for a potential short-term recovery.
The emergence of a bullish divergence was first highlighted by analyst Steph Is Crypto. This pattern reveals that while the price formed lower lows, the Relative Strength Index (RSI) moved in the opposite direction, indicating higher lows. Such a setup is typically associated with a waning disadvantage for sellers after an extended decline, pointing towards a potential shift in market dynamics despite ongoing tests of a descending support zone.
The daily chart indicates that Hedera is firmly reacting at the lower trendline, with buyers entering the market following last week’s decline. This defensive stance reflects a stronger buyer presence and may signal a shift in momentum if the price manages to break above recent lower-high levels, which would confirm an easing of weeks of bearish sentiment.
Hedera’s recovery journey includes reclaiming the significant $0.14 level, which now acts as vital short-term support. This reclaim followed a steep drop, after which the price quickly rebounded, suggesting that the market is stabilizing around a previously breached zone. Observers note that as long as the coin holds above this reclaimed support area, the framework remains conducive for further recovery efforts, offering favorable risk-to-reward conditions for traders focusing on major support levels.
Accompanying the bullish divergence, momentum indicators are displaying early signs of strength, particularly with the VWRSI indicator across shorter timeframes. Reports indicate that bearish pressure is subsiding while the momentum curve displays an upward angle, signaling a transition from weakness to accreting buyer interest. These signs are typically seen in lower timeframes before becoming apparent on larger-scale charts.
The RSI on the daily chart reinforces this outlook, climbing from recent lows and contributing to a narrative of possible ongoing consolidation and short-term advancements. Analysts are closely observing these trends, as behavior in the momentum indicators often suggests shifts before they are visually confirmed on charts.
In recent trading sessions, HBAR has shown a modest recovery, reclaiming the $0.145 mark after an earlier dip. Buyers stepped in mid-session, pushing the price towards the upper boundary of its intraday range. The token closed with a slight upward inclination, indicating higher lows throughout the later part of the trading period.
Volume analysis reveals a steady decrease in activity as the day progressed, corresponding with diminishing selling pressure, which allowed for more stable intraday behavior. This gradual establishment of higher lows hints at systematic accumulation, as opposed to impulsive speculative buying, fostering a balanced trading environment in the wake of recent market fluctuations.
Currently, HBAR’s position suggests that maintaining stability above the $0.145 threshold could lead to another attempt at testing the $0.146–$0.147 range. If buyers can sustain their control at these levels, the ongoing development of bullish divergence and rising momentum indicators might further strengthen the market’s structure, promoting a sustained recovery path.
