CONNECT WITH US
Web3 & Blockchain

Web3 & Blockchain

HBAR Price Prediction: Bears Hold Control as Open Interest Spikes 25%

Blockchain.News logo

Published on

Add as a preferred source on Google
HBAR Price Prediction: Bears Hold Control as Open Interest Spikes 25%

Hedera (HBAR) is trading at $0.07 on Binance spot as of October 30, 2026, down 3.25% over 24 hours and sitting below every tracked moving average. A 24.71% surge in Binance futures open interest ov...

Market analysis includes conditional scenarios, not assured price outcomes or investment advice. Check the data, assumptions and dates cited.

HBAR opened October 30 under pressure, printing a 24-hour range of $0.07–$0.08 before settling at $0.07 with a 3.25% loss, according to Binance spot data. The price structure is bearish on the daily timeframe: the SMA 7, SMA 20, SMA 50, and SMA 200 are quoted at $0.07, $0.08, $0.09, and $0.08 respectively, placing spot price at or below every average in the stack. When short-, medium-, and long-term averages all sit at or above the current price, that alignment indicates sellers have been in control across multiple timeframes rather than during a single session.

The EMA 12 and EMA 26 are both at $0.08, a full cent above where HBAR trades. In percentage terms on a $0.07 asset, closing that gap requires roughly a 14% move from current levels before momentum can look constructive.

The 14-period RSI on the daily chart reads 32.02, per the supplied Binance spot data. At 32, the reading has not yet reached the conventional oversold threshold of 30, but the proximity warrants attention. An RSI at this level indicates sustained selling pressure; it may precede a relief bounce or continue lower if the selling is structural.


Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.