Hedera price forecast: HBAR risks 20% dive amid fresh selling
Hedera (HBAR) price faces new downside pressure as selling intensifies across the cryptocurrency market. The price has slipped nearly 1% over the past 24 hours to trade around $0.092, with daily trading volume dropping 13%. This decline below the psychological $0.10 mark pushes HBAR further from last weeks highs, even as altcoins mirror a broader risk asset downturn. As such, and despite growing enterprise adoption and network usage, short-term price action suggests further downside risks ahead. Could Hedera price fall another 20%? Cryptocurrencies are positioning for a potential sustained uptick, but macroeconomic headwinds and geopolitical tensions could trigger deeper corrections before any rebound materializes. HBAR appears poised to echo Bitcoins recent trajectory, where a retest of critical support levels often precedes recovery. Analysts warn of a possible 20% slip from current levels, targeting the $0.072 zone. This is a familiar floor where prices have bounced robustly in prior retests. Notably, the bearish scenario for HBAR stems from renewed selling pressure amid global uncertainties. Elevated US inflation readings have triggered fresh jitters among traders, with BTC slipping from recent highs. On-chain data reveals increased transfers to exchanges, signaling profit-taking by short-term holders. If selling persists, HBAR could test $0.075-$0.070 support, which could represent a 20% drop from current levels near $0.092. HBAR price technical









