HBAR’s Wild Ride: From Davos to Disaster?

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Well, slap my hash and call me decentralized! HBAR price has taken a nosedive so steep, it makes the Matterhorn look like a speed bump. As the crypto market decided to do the limbo (how low can you go?), HBAR hit a support level so crucial, it’s practically wearing a superhero cape.

  • HBAR price has formed a descending triangle pattern on the daily chart-because nothing says “I’m falling” like a geometric shape.
  • The total value locked in Hedera has plummeted to $61.5 million-less than what I spent on coffee last week (kidding, I’m broke too).
  • Stablecoin supply dropped 16% in seven days to $49 million-apparently, stability is overrated.

Hedera’s HBAR token crashed harder than my hopes and dreams, dropping to $0.1037 and erasing all gains from earlier this year. It’s down 65% from its July 2023 peak-talk about a summer fling gone wrong.

And get this: while HBAR was busy freefalling, the Hedera team was living it up in Davos, Switzerland, rubbing elbows with Microsoft, Pfizer, and other big shots. Mance Harmon and Eric Piscine were probably sipping champagne while their token was sipping on despair. Cheers, fellas!

Meanwhile, key network metrics decided to join the party-by jumping off a cliff. DeFi Llama data shows the total value locked dropped 7.65% in 30 days to $61 million. That’s the lowest since November 2024-back when we still had hope for humanity.

Hedera’s TVL is now lower than Sui, Base, Solana, and Hyperliquid. Even their stablecoin supply is lagging behind Sui, Sei, and Aptos. And this after launching Stablecoin Studio-because nothing says “success” like a studio with no audience.

Oh, and let’s not forget the Canary HBAR ETF, which has all the momentum of a sloth on a Sunday. Cumulative inflows are at $85 million, but net assets are just $57 million. Someone check its pulse!

HBAR Price Technical Analysis (or: The Chart of Doom)

The daily chart looks like a sad face drawn by a toddler. HBAR’s price has been on a downward spiral from $0.3045 in July to $0.1085 now. It’s formed a descending triangle-because why not add a little geometry to the misery?

The token is below the 50-day and 100-day Exponential Moving Averages, and the Supertrend indicator is basically saying, “Yeah, this isn’t looking good.” Next stop? The $0.08500 support level, or as I like to call it, “rock bottom.”

So, will HBAR bounce back, or is it destined to become a cautionary tale? Only time (and a lot of praying to the blockchain gods) will tell. Stay tuned, folks-this is better than a soap opera!

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2026-01-20 20:28