{"id":5399,"date":"2025-07-22T10:28:14","date_gmt":"2025-07-22T10:28:14","guid":{"rendered":"https:\/\/bitunikey.com\/news\/hbar-breakout-continuation-faces-test-as-rsi-flashes-bearish-divergence\/"},"modified":"2025-07-22T10:28:18","modified_gmt":"2025-07-22T10:28:18","slug":"hbar-breakout-continuation-faces-test-as-rsi-flashes-bearish-divergence","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/hbar-breakout-continuation-faces-test-as-rsi-flashes-bearish-divergence\/","title":{"rendered":"HBAR breakout continuation faces test as RSI flashes bearish divergence"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">HBAR has surged 30% off its recent breakout, but a bearish RSI divergence signals waning momentum and the risk of a short-term pullback.<\/p>\n<p>Hedera (HBAR) price recently broke out of a double bottom pattern, breaching the neckline at\u00a0$0.229\u00a0and rallying to a peak of\u00a0$0.299\u00a0on July 18, testing the prior high from early May. This move represents a gain of approximately\u00a030%\u00a0from the breakout point. <\/p>\n<p>The price has since pulled back slightly and is currently trading around\u00a0$0.267, consolidating above newly established local support at\u00a0$0.253. With the measured move target from the double bottom pattern still unmet at\u00a0$0.333\u00a0\u2014 calculated by adding the depth of the pattern,\u00a0($0.229 \u2212 $0.125 = $0.104), to the neckline at\u00a0$0.229\u00a0\u2014 there remains potential for further upside once consolidation completes.<\/p>\n<p>However, the RSI is in overbought territory at 73 and has started to turn lower, forming a\u00a0bearish divergence\u00a0as price made a higher high while RSI posted a slightly lower high. This suggests waning bullish momentum and the possibility of a short-term pullback or extended consolidation before any another leg up.<\/p>\n<p>On the downside, major support lies at\u00a0$0.229, the former double bottom neckline. If HBAR price breaks below the\u00a0$0.253\u00a0local support, which has held during the current consolidation,\u00a0$0.229\u00a0will likely contain any further pullbacks.<\/p>\n<figure class=\"wp-block-image size-full\"><picture decoding=\"async\" class=\"wp-image-14398585\"><source type=\"image\/webp\" ><\/source><\/p>\n<\/picture><figcaption class=\"wp-element-caption\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/chart\/skYOuuO6\/?symbol=BINANCE%3AHBARUSDT\" target=\"_blank\">TradingView<\/a><\/figcaption><\/figure>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>HBAR\u2019s recent rally was catalyzed by the launch of the\u00a0Valour Hedera Physical Staking ETP\u00a0on the\u00a0SIX Swiss Exchange, giving investors regulated access to HBAR and its staking rewards. <\/p>\n<p>Looking ahead, the U.S. Securities and Exchange Commission is currently reviewing a proposed Hedera ETF by Canary Capital, intended for listing on Nasdaq. The agency recently extended the decision deadline to September. If approved \u2014 a scenario analysts view as likely \u2014 the ETF could trigger significant buying pressure, potentially driving HBAR\u2019s price higher.<\/p>\n<p>More immediately, Hedera will <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/HederaStatus\/status\/1945888770546602394?t=CwM8Xrn_nf0p9P8VnnEhaQ&amp;s=19\" target=\"_blank\">upgrade<\/a> its mainnet to version 0.63 on\u00a0July 23, introducing performance optimizations and backend improvements. While the update is\u00a0not expected to impact HBAR\u2019s tokenomics or utility, it may reinforce confidence in the network\u2019s reliability. <\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>HBAR has surged 30% off its recent breakout, but a bearish RSI divergence signals waning momentum and the risk of a short-term pullback. Hedera (HBAR) price recently broke out of&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1532,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5399","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/5399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=5399"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/5399\/revisions"}],"predecessor-version":[{"id":5400,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/5399\/revisions\/5400"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1532"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=5399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=5399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=5399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}