Is HBAR on a Roller Coaster to Nowhere? Find Out Why This Crypto is Struggling!

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Ah, the tale of HBAR-a curious little cryptocurrency that has seen brighter days. Just recently, it perked up like a sleepy rooster at dawn, bouncing from a dismal low of $0.0725 to a fanciful $0.100, as if it were strutting its stuff in front of the barnyard crowd.

  • Once upon a time, HBAR was a strapping lad, but now it has plummeted by 67% from its 2025 pinnacle. What a fall from grace!
  • The ecosystem, once bustling with life, has hit a wall, much like a farmer trying to grow corn in a desert.
  • Technical wizards whisper that more storms are brewing on the horizon for Hedera; brace yourself for the ride!

Alas, dear reader, our protagonist remains far from its glory days, sitting shyly below last year’s high of $0.3025 and the November 2024 peak of $0.4012. How the mighty have fallen!

Recently, it managed a bit of a comeback, thanks to FedEx joining its governance council-oh, what a feather in its cap! But don’t pop the champagne just yet; this council is home to bigwigs like Tata Communications and Google, all promising to use Hedera’s tech like a kid promises to finish their vegetables.

Yet whispers abound that Hedera’s ecosystem is dwarfed by spry newcomers like Monad and Plasma, who are zipping ahead like young bucks in a field.

With a mere $58 million locked in decentralized finance, Hedera’s projects are quieter than a mouse at a cat convention. It could process over 1,000 transactions per second, yet here it sits, twiddling its thumbs.

In the bustling world of stablecoins, Hedera barely registers; its supply has dwindled from a hefty $300 million to a paltry $68 million. Meanwhile, the rest of the stablecoin market is throwing a party, boasting over $300 billion!

As for the Real-World Asset tokenization industry, Hedera is a ghost-no market share in sight while Ethereum and its friends frolic with billions in assets. Talk about being left behind at the dance!

This sad state of affairs might explain why the Canary HBAR ETF has been like a leaky bucket, failing to attract new assets since February 9 and losing steam down to $51.3 million. Even the futures open interest has taken a nosedive!

HBAR price technical analysis

The charts tell a sorrowful story, showing HBAR stuck in a downward spiral, dropping from a robust $0.3026 back in July to its current $0.1, like a deflating balloon.

Now, it lingers beneath all moving averages, trapped at the Ultimate Support level like a chicken in a coop. The ominous Supertrend and Ichimoku cloud indicators loom overhead, casting shadows on its future.

Thus, it seems the forecast for Hedera is grim. With a looming target of $0.0725, one can’t help but wonder if a plunge below will take it down to an all-time low of $0.036. Will our hero find its way back, or is this the end of the road?

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2026-02-17 19:59