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Edition 2026-10-06

CRYPTO

Hedera price tests $0.10 support as technical indicators diverge

Hedera price has fallen about 23% from a late-September high near $0.131, settling around $0.101 as traders watch whether the $0.10 level can hold through October.

By cryptonews · 19d ago · Source: cryptonews

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Hedera price has fallen about 23% from a late-September high near $0.131, settling around $0.101 as traders watch whether the $0.10 level can hold through October. The daily Ichimoku conversion line sits at $0.11166, above the token’s current price, while the weekly Supertrend indicator shows support at $0.06943 and the Awesome Oscillator has turned positive. CoinGlass maps liquidation concentrations between $0.107 and $0.114 above the market, with additional bands extending toward $0.132. TradingView’s daily chart for HBAR/USDT shows price oscillating between $0.10019 and $0.10489, keeping the decline near a round-number support zone. The September rally briefly reached $0.131 before reversing, and reclaiming $0.11166 would require roughly a 29% gain from the current level. Weekly charts present a mixed picture: the Supertrend has turned green and momentum readings are positive, but resistance near $0.1405 remains more than 38% above the current price. Analyst Giannis Andreou noted on X that a bullish scenario hinges on the $0.085–$0.10 range holding through a retest, followed by a sustained move above resistance. He identified $0.12–$0.15 as the next weekly resistance zone, with longer-term targets near $0.20 and $0.40 contingent on earlier barriers being cleared. CoinGlass liquidation heatmaps highlight overlapping concentrations around $0.098, $0.094–$0.095 and $0.091–$0.092 below the market, forming potential downside targets if support fails. A break below $0.09762 — the lower edge of the forward Ichimoku cloud — could shift focus toward those lower zones. On September 23, the Hashgraph Group announced that its Hedera-based IDTrust identity platform had been validated in the IBM Cloud Catalog as part of a digital identity solution for AI agents. IBM later noted on September 28 that its Agent Identity product integrates with NVIDIA OpenShell and HashiCorp Vault as part of its work on the Open Agent Safety Platform. Separately, Nasdaq confirmed on October 28, 2025, that the Canary HBAR ETF began trading under the HBR ticker, offering U.S. investors an exchange-traded route to HBAR exposure. Technical forecasts remain centered on the $0.10 support level and the daily conversion line at $0.11166, with holding support and clearing that line seen as key steps toward testing $0.12–$0.131. A sustained drop below $0.09762 would redirect attention to $0.095 and $0.09. Disclosure: This article does not represent investment advice. The content is for educational purposes only.

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Published
10/6/2026, 11:25:48 AM
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10/6/2026, 11:25:48 AM
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