{"id":5712,"date":"2025-07-24T18:43:59","date_gmt":"2025-07-24T18:43:59","guid":{"rendered":"https:\/\/bitunikey.com\/news\/hbar-enters-bear-territory-but-golden-cross-dapp-growth-hint-at-rebound\/"},"modified":"2025-07-24T18:44:06","modified_gmt":"2025-07-24T18:44:06","slug":"hbar-enters-bear-territory-but-golden-cross-dapp-growth-hint-at-rebound","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/hbar-enters-bear-territory-but-golden-cross-dapp-growth-hint-at-rebound\/","title":{"rendered":"HBAR enters bear territory but golden cross, dApp growth hint at rebound"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Hedera Hashgraph token pulled back on July 24, mirroring the performance of most altcoins.<\/p>\n<div id=\"cn-block-summary-block_76f801455e2c5b5929dd1ec7a19888f3\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>HBAR price has moved to a local bear market as Bitcoin and most altcoins pulled back.<\/li>\n<li>Hedera may rebound as the total stablecoin market capitalization nears a record high.<\/li>\n<li>HBAR token has formed a golden cross and a break-and-retest pattern on the daily chart.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Hedera (HBAR) price plummeted to an intraday low of $0.2318, entering a local bear market after a 22% decline from its highest point this month.<\/p>\n<h2 class=\"wp-block-heading\">Stader token jump and stablecoin growth<\/h2>\n<p>HBAR price has some potential bullish catalysts that may lead to a comeback. First, there are signs that its ecosystem is doing well, with Stader (SD) token jumping by over 50% in the last 24 hours and 137% in the last seven days.<\/p>\n<p>Stader is the biggest dApp in its ecosystem with over <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/chain\/Hedera\" target=\"_blank\">$109 million in assets<\/a>. Its platform enables users to stake their HBAR tokens and generate a monthly return. Stader\u2019s assets have jumped by over 36% in the last 30 days.\u00a0<\/p>\n<p>Other dApps in Hedera\u2019s ecosystem have continued growing this month. SaucerSwap\u2019s TVL has jumped by 51% in the last 30 days to over $68 million, while Bonzo Finance\u2019s assets have soared by 83% to $47 million.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Further, Hedera Hashgraph is slowly becoming a major player in the stablecoin industry. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/stablecoins\/Hedera\" target=\"_blank\">Data shows<\/a> that the stablecoin market capitalization has increased by 27% over the last seven days to $210 million. If the trend continues, the stablecoin volume will surpass the all-time high of $214 million soon.<\/p>\n<figure class=\"wp-block-image size-full\"><picture loading=\"lazy\" decoding=\"async\" class=\"wp-image-14399573\"><source type=\"image\/webp\" ><\/source><\/p>\n<\/picture><figcaption class=\"wp-element-caption\">Hedera stablecoin market cap | Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/stablecoins\/Hedera\" target=\"_blank\">DeFi Llama<\/a><\/figcaption><\/figure>\n<p>HBAR price will also benefit from the potential approval of a spot Hedera exchange-traded fund by the Securities and Exchange Commission. Bloomberg\u2019s Eric Balchunas <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/EricBalchunas\/status\/1869064627591496170\" target=\"_blank\">believes<\/a> that the odds of Grayscale\u2019s and Canary\u2019s ETF approval are significantly high.<\/p>\n<p>Recent data shows that there is strong demand for both Bitcoin and altcoin ETFs. Bitcoin (BTC) ETFs have had over $54 in inflows since inception, while Ethereum have had $8.65 billion.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">HBAR price technical analysis<\/h2>\n<figure class=\"wp-block-image size-full\"><picture loading=\"lazy\" decoding=\"async\" class=\"wp-image-14399574\"><source type=\"image\/webp\" ><\/source><br \/>\n<img loading=\"lazy\" decoding=\"async\" width=\"3574\" height=\"1988\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/07\/HBAR-enters-bear-territory-but-golden-cross-dApp-growth-hint.png\" alt=\"HBAR price\">\n<\/picture><figcaption class=\"wp-element-caption\">Hedera price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>The daily timeframe shows that the HBAR crypto price has pulled back in the past few days, moving from a high of $0.2977 to $0.2280. Its lowest level was notable because it coincided with the neckline of the double-bottom pattern at $0.1260.\u00a0<\/p>\n<p>Falling to that price is notable because it is a sign of a break-and-retest chart pattern, a popular continuation sign. Most importantly, Hedera price has formed a highly bullish golden cross pattern, which happens when the 50-day and 200-day moving averages cross each other.\u00a0<\/p>\n<p>Therefore, the most likely scenario is where Hedera bounces back, and possibly retests this month\u2019s high of $0.2977. A move above that level will indicate further upside to $0.3292. This target is derived by measuring the height of the double-bottom and the same distance from the neckline.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hedera Hashgraph token pulled back on July 24, mirroring the performance of most altcoins. Summary HBAR price has moved to a local bear market as Bitcoin and most altcoins pulled&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1425,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5712","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\/5712","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=5712"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/5712\/revisions"}],"predecessor-version":[{"id":5713,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/5712\/revisions\/5713"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1425"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=5712"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=5712"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=5712"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}