The post HBAR Price Crashes After Loosing Month-Long Support appeared on BitcoinEthereumNews.com. Hedera has suffered a sharp decline over the past week, with its price falling to $0.130 after losing more than 18%.  This drop is significant because HBAR broke below a crucial support level that had protected investors’ profits for more than a month.  Sponsored Hedera Is Following The King Hedera’s correlation with Bitcoin currently sits at 0.97, one of its highest readings in months. This near-perfect correlation signals that HBAR is heavily mirroring Bitcoin’s price movement. Such strong alignment becomes especially problematic during periods when BTC faces substantial pressure, as seen this past week. With Bitcoin dropping to $84,408, HBAR has moved almost in lockstep. The high correlation has erased Hedera’s ability to move independently, making BTC’s decline one of the primary drivers behind the altcoin’s latest losses.  Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. HBAR Correlation To Bitcoin. Source: TradingView Sponsored Macro momentum indicators reinforce the bearish picture. The Chaikin Money Flow is sitting near an eight-month low, signaling heavy capital outflows from HBAR. CMF measures buying and selling pressure, and a deeply negative reading indicates that investors are withdrawing funds at an accelerated pace. These persistent outflows add pressure to the already declining price trend. As liquidity exits the asset, selling intensifies and recovery efforts weaken. Unless inflows return, HBAR may continue facing difficulty in regaining upward momentum. Sponsored HBAR CMF. Source: TradingView HBAR Price Can Bounce Back HBAR is down 18% this week after slipping below the crucial $0.162 support level, which had held strong for more than a month. Losing that support has exposed the altcoin to deeper declines and increased volatility as bearish sentiment grows. Sponsored Given that macro conditions have not improved, HBAR could drop to $0.120 from its current price of $0.129. A fall below $0.120 may trigger… The post HBAR Price Crashes After Loosing Month-Long Support appeared on BitcoinEthereumNews.com. Hedera has suffered a sharp decline over the past week, with its price falling to $0.130 after losing more than 18%.  This drop is significant because HBAR broke below a crucial support level that had protected investors’ profits for more than a month.  Sponsored Hedera Is Following The King Hedera’s correlation with Bitcoin currently sits at 0.97, one of its highest readings in months. This near-perfect correlation signals that HBAR is heavily mirroring Bitcoin’s price movement. Such strong alignment becomes especially problematic during periods when BTC faces substantial pressure, as seen this past week. With Bitcoin dropping to $84,408, HBAR has moved almost in lockstep. The high correlation has erased Hedera’s ability to move independently, making BTC’s decline one of the primary drivers behind the altcoin’s latest losses.  Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. HBAR Correlation To Bitcoin. Source: TradingView Sponsored Macro momentum indicators reinforce the bearish picture. The Chaikin Money Flow is sitting near an eight-month low, signaling heavy capital outflows from HBAR. CMF measures buying and selling pressure, and a deeply negative reading indicates that investors are withdrawing funds at an accelerated pace. These persistent outflows add pressure to the already declining price trend. As liquidity exits the asset, selling intensifies and recovery efforts weaken. Unless inflows return, HBAR may continue facing difficulty in regaining upward momentum. Sponsored HBAR CMF. Source: TradingView HBAR Price Can Bounce Back HBAR is down 18% this week after slipping below the crucial $0.162 support level, which had held strong for more than a month. Losing that support has exposed the altcoin to deeper declines and increased volatility as bearish sentiment grows. Sponsored Given that macro conditions have not improved, HBAR could drop to $0.120 from its current price of $0.129. A fall below $0.120 may trigger…