Hedera (HBAR) is trading at $0.08 on October 24, having shed 3.75% in 24 hours and arriving at the exact price level AMBCrypto analyst Adewale Olarinde flagged as the last defense before a potentia...

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

Hedera is not approaching a critical level — it has arrived. As of the observation window around 09:00 UTC on October 24, 2026, spot data from Binance shows HBAR trading at $0.08, down 3.75% over the prior 24 hours, with the day's range so compressed it barely moves off the $0.08 handle in either direction. That compression matters because on October 22, 2026, Adewale Olarinde writing for AMBCrypto stated explicitly that "a sustained break below it could see it go to the $0.075–$0.077 price area," with the reference point being that same $0.08 level. The price has since declined to sit directly on that threshold, making the next directional move structurally consequential for the scenario he outlined.

The moving average stack reinforces the bearish weight on price. 09. 08, confirming that the recent decline has dragged near-term averages down to match price. 08, providing a longer-term mean reference at the same contested level — but the broader structure, with the majority of averages above price, remains bearish.

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