HBAR’s price has struggled to maintain a steady uptrend over the past month. After a 10.7% decline over 30 days, the token has managed a mild 1.24% gain in the past 24 hours.
While its 3-month chart still shows a 16.4% increase, the recent action signals growing reliance on shorter-term spikes rather than sustained rallies. Despite the broader weakness, one bullish pattern has emerged. The 4-hour RSI is starting to tell a different story — but whether it’s enough to hold the price up remains to be seen.
RSI Flashes Divergence But Buyers Retreat
The Relative Strength Index (RSI) is a momentum tool that shows whether buyers or sellers have more control. The Relative Strength Index (RSI) on HBAR’s 4-hour chart shows a subtle bullish divergence.
Between August 18 and August 20, the HBAR price formed a lower high, but the RSI climbed higher during the same period. This divergence usually hints that buying momentum is attempting to return — at least in the short term — even as the price struggles to break resistance.
However, this short-term momentum contrasts with a broader sign of weakness: outflows are slowing. Over the past month, HBAR’s weekly net outflows, which reflect the volume of tokens leaving exchanges, have been falling steadily.
For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
Fewer tokens leaving exchanges suggests that fewer buyers are withdrawing to hold, a typical sign of reduced confidence. The slowing outflows confirm that buyers are still around — but they’re retreating.
So while HBAR RSI hints at a small recovery, it’s likely a short-term push, not a full reversal. The divergence may be a lone bullish sign in a space where buyer strength is fading fast.
Price Action Shows HBAR Is Stuck — But Not Hopeless
On the 4-hour timeframe, the HBAR price is hovering near a tight range between $0.236 and $0.241. The token has struggled to hold above this zone.
If HBAR manages a clear candle close above $0.244, a short spike toward $0.253 or even $0.260 could be triggered, given the lack of strong resistance between those levels. But if it fails to hold on to the $0.236 level, the short-term bullish outlook pattern, and sellers likely regain complete control.
This RSI-backed setup is the only current bullish hope on the shorter timeframe, and even that comes with caution. Longer-term trends remain weak.
Coinbase
eToro
eToro
eToro
eToro
COCA wallet
UpHold
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
