Hedera Hashgraph’s HBAR price is consolidating with unclear direction following recent selling pressure. The asset is trading near $0.091 after a 3% daily drop, with key resistance at $0.103 and support between $0.078 and $0.088. Technical indicators show weakening momentum, with the RSI below 50 and a narrowing MACD spread suggesting bullish force is fading.
The price of Hedera Hashgraph (HBAR) has entered a weak consolidation phase after facing selling pressure. Its direction remains highly unpredictable as upward momentum fails to gather steam.
At the time of writing, HBAR is trading at $0.09081, having dropped 3.05% over the last 24 hours. Trading volume stands at approximately $120 million, with a market capitalization of around $3.9 billion.
On May 16, 2026, crypto analyst More Crypto Online revealed that HBAR’s price is still undergoing a corrective recovery stage. “Although there have been a couple of rebounds from the lows recorded during March and April, the rebound does not yet show any sign of becoming a trend,” he stated.
According to the primary view, the price might still move higher to reach a downtrend line, with resistance anticipated at $0.103. This situation remains relevant as long as HBAR maintains its support level between $0.078 and $0.088.
A bearish risk setup is triggered if the price drops beneath the recent swing low at $0.087. Such a violation would make the short-term outlook bearish and boost the likelihood that the previous bullish trend is over.
In terms of technical analysis, the RSI stands at 47.36, below the neutral point of 50. This indicates that the strength of buying pressure is declining following a rally in May.
The MACD remains slightly bullish but shows signs of slowing momentum. The MACD line stands at 0.00098, while the signal line is at 0.00095, with the histogram being slightly positive at 0.00003.
