Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Hedera Tumbles 10% to Crucial Supp
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Hedera Tumbles 10% to Crucial Supp
Hedera Tumbles 10% to Crucial Support on Heavy Volume
Hedera Tumbles 10% to Crucial Support on Heavy Volume
Hedera’s 10% drop on Dec. 1 has pushed HBAR back to a key support zone, where consolidation, fading volume, and institutional selling pressure are shaping the next move.
By CD Analytics, Oliver Knight
Updated Dec 1, 2025, 5:11 p.m. Published Dec 1, 2025, 5:11 p.m.
"Hedera (HBAR) dips 1.0% to $0.1308 despite a surge in trading volume, reflecting mixed market signals."
What to know:
- HBAR dropped from $0.1459 to $0.1308, breaking key trendline support on heavy volume.
- Trading activity jumped 25% above weekly averages, signaling institutional engagement.
- Price found support near $0.1307 as technical consolidation patterns formed.
Hedera (HBAR) plunged 10% on Dec. 1, riding a broader market downturn as it now rests at a key level of support at $0.1308.
The breakdown occurred during the daily candle open at 00:00 UTC, also timed alongside the opening trade of bitcoin futures on the CME.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up
HBAR has now confirmed a downtrend on multiple timeframes after a massive volume spike to 241.5 million tokens, 338% above the 24 hour average.
This confirms institutional selling and establishes current support at $0.1307. HBAR underperforms the broader crypto market by 1.35%, indicating rotation toward digital assets with stronger fundamentals.
Technical consolidation vs breakdown risk: What traders should watch
Recent 60-minute data shows HBAR trading between $0.1306-$0.1325, consolidating around $0.1307 on lighter volume. This stabilization suggests potential accumulation near previous support, though broader technicals remain challenged by the failed breakout and market underperformance.
HBAR holds above the $0.1307 floor established during the breakdown, with intermittent volume spikes above 3 million tokens indicating selective buying interest.
However, inability to sustain gains above $0.1315 despite elevated activity questions near-term momentum, especially if institutional flows favor alternatives with stronger setups.
HBAR/USD (TradingView)
Key Technical Levels Signal Consolidation for HBAR
Support/Resistance: Primary support sits at $0.1307 following breakdown; resistance cluster between $0.1350-$0.1315 needs reclaim for bullish continuation.
Volume Analysis: 241.5 million spike confirms institutional selling; current reduced activity suggests consolidation with selective accumulation near support.
Chart Patterns: Descending trendline breakdown complete; trading range formation between $0.1306-$0.1325 indicates potential base-building.
Targets & Risk/Reward: Upside capped at $0.1350 resistance without catalysts; downside risk contained near $0.1306 support with institutional interest present.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
AI Market Insights
More For You
Protocol Research: GoPlus Security
Commissioned byGoPlus
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report
More For You
Chainlink's LINK Slides 11% as Technical Breakdown Overshadows ETF Launch News
The token broke below $12, breaching key support levels with heavy trading volume, confirming the downtrend.
What to know:
- LINK slid below $12 on Monday as the broader crypto market pulled back.
- Grayscale's expected conversion of its Chainlink Trust to the first U.S. spot LINK ETF failed to jolt prices.
- Technical analysis suggests a breakdown with downside target of $11.70–$11.80.
Read full story
Latest Crypto News
JPMorgan and Strike CEO Jack Mallers Go Silent, Leave 'Debanking' Questions Unanswered
U.S. House Lawmakers Detail Grievances Over Government's 'Choke Point 2.0'
Chainlink's LINK Slides 11% as Technical Breakdown Overshadows ETF Launch News
Bitcoin Mining Profitability Fell for Fourth Consecutive Month in November: JPMorgan
ICP Slides as Breakdown Below $4.00 Triggers Elevated Volatility
BONK Slides 9% as Technical Breakdown Overshadows Swiss ETP Debut
Top Stories
Digital Asset Treasuries Lead Crypto Stock Sell-Off as Bitcoin Falls to $84K
Strategy Establishes $1.44B Cash Reserve, Slashes 2025 Profit, BTC Yield Targets
U.S. House Lawmakers Detail Grievances Over Government's 'Choke Point 2.0'
JPMorgan and Strike CEO Jack Mallers Go Silent, Leave 'Debanking' Questions Unanswered
European Authorities Seize $1.51B Bitcoin-Mixing Service Cryptomixer
Tom Lee's BitMine Acquires 97K ETH, Eyeing Fusaka Upgrade, Fed Policy as Positive Catalysts
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
How ZKP’s Daily Presale Auction Is Creating a New Standard for 1,000x Returns
The post How ZKP’s Daily Presale Auction Is Creating a New Standard for 1,000x Returns appeared on BitcoinEthereumNews.com. Disclaimer: This article is a sponsored
Share
BitcoinEthereumNews2026/01/16 09:02
NGP Token Crashes 88% After $2M Oracle Hack
The post NGP Token Crashes 88% After $2M Oracle Hack appeared on BitcoinEthereumNews.com. Key Notes The attacker stole ~$2 million worth of ETH from the New Gold Protocol on Sept.18. The exploit involved a flash loan that successfully manipulated the price oracle enabling the attacker to bypass security checks in the smart contract. The NGP token is down 88% as the attacker obfuscates their funds through Tornado Cash. New Gold Protocol, a DeFi staking project, lost around 443.8 Ethereum ETH $4 599 24h volatility: 2.2% Market cap: $555.19 B Vol. 24h: $42.83 B , valued at $2 million, in an exploit on Sept 18. The attack caused the project’s native NGP token to crash by 88%, wiping out most of its market value in less than an hour. The incident was flagged by multiple blockchain security firms, including PeckShield and Blockaid. Both firms confirmed the amount stolen and tracked the movement of the funds. Blockaid’s analysis identified the specific vulnerability that the attacker used. 🚨 Community Alert: Blockaid’s exploit detection system identified multiple malicious transactions targeting the NGP token on BSC. Roughly $2M has been drained. ↓ We’re monitoring in real time and will share updates below pic.twitter.com/efxXma0REQ — Blockaid (@blockaid_) September 17, 2025 Flash Loan Attack Manipulated Price Oracle According to the Blockaid report, the hack was a price oracle manipulation attack. The protocol’s smart contract had a critical flaw; it determined the NGP token’s price by looking at the asset reserves in a single Uniswap liquidity pool. This method is insecure because a single pool’s price can be easily manipulated. The attacker used a flash loan to borrow a large amount of assets. A flash loan consists of a series of transactions that borrow and return a loan within the same transaction. They used these assets to temporarily skew the reserves in the liquidity pool, tricking the protocol into thinking the…
Share
BitcoinEthereumNews2025/09/18 19:04
Lighter drops 14% after losing $2 support – More pain ahead for LIT?
The post Lighter drops 14% after losing $2 support – More pain ahead for LIT? appeared on BitcoinEthereumNews.com. Since it touched a high of $4.5, Lighter has
Share
BitcoinEthereumNews2026/01/16 08:46