Hedera Token Tumbles Below $0.065, Eyes 35% Drop to $0.042
The Hedera (HBAR) token has continued its bearish trend throughout 2026, plummeting below $0.065 and raising concerns of a potential 35% drop to $0.042 in the coming weeks.
In fact, HBAR's price action has been predominantly bearish since November 2024, despite a brief rally that saw it reach $0.4015 from $0.0417.
The technical indicators are also pointing towards further downward momentum, with the Stochastic RSI in the bearish depths and the RSI well below neutral 50 on the daily timeframe.