Hedera’s native token, HBAR, has struggled to stage a convincing recovery in recent weeks, with its price movement reflecting waning investor enthusiasm.

However, improving market sentiment suggests that HBAR could still find support if bullish momentum strengthens in the near term.

Hedera Investors Are Losing Faith

The Chaikin Money Flow (CMF), a key indicator of capital inflows and outflows, is showing a noticeable downtick. This decline signals that investor interest in HBAR is fading, with fewer funds moving into the asset. 

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As inflows weaken, confidence among traders appears to be eroding, leading to a slowdown in accumulation. This growing caution has made it difficult for HBAR to sustain any short-term rallies. Such a shift would likely weigh heavily on HBAR’s price and delay its efforts to recover from recent losses.

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HBAR CMF. Source: TradingView

From a technical perspective, HBAR’s macro momentum presents a mixed outlook. The Moving Average Convergence Divergence (MACD) indicator is showing early signs of improvement, hinting that bullish momentum may be building. The MACD line is nearing a potential crossover above the signal line — a key event often viewed as a precursor to short-term price recovery.

If the MACD confirms this bullish crossover, it could attract renewed buying activity and strengthen HBAR’s recovery outlook. However, until this crossover materializes, cautious optimism is warranted as volatility remains elevated.

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Author: Aaryamann Shrivastava

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