Date: Fri, Nov 21, 2025 | 09:25 AM GMT
The cryptocurrency market continues to face heavy selling pressure as both Bitcoin (BTC) and Ethereum (ETH) plunged over 9% in the past 24 hours. The correction triggered more than $1.93 billion in liquidations across the market, with long positions taking the biggest hit — over $1.79 billion wiped out in a single day.
This intense volatility has weighed heavily on major altcoins, including Hedera (HBAR), which is down more than 11%. But beneath this deep pullback, the chart reveals a technical structure that may be preparing HBAR for a potential rebound in the coming sessions.
Descending Triangle in Play
On the weekly chart, HBAR has been consolidating within a descending triangle pattern — a structure that reflects tightening price movement as sellers gradually push down highs while buyers defend a horizontal demand zone. Although descending triangles are traditionally seen as bearish continuation patterns, they often produce sharp countertrend rallies when support holds strongly.
The recent drop from $0.1755 has pushed price once again into a major support zone around $0.1247. This level has acted as a crucial demand region for several months, and every test of this range has sparked a strong reaction from buyers — signaling accumulation and seller fatigue.
HBAR currently sits just below the 100-week moving average, which is positioned near $0.1514. A reclaim of this level would serve as a key signal that buyers are regaining control.
What’s Next for HBAR?
If bulls manage to defend the $0.1247 support range and push price back above the 100 MA, momentum could shift quickly, allowing HBAR to retest the descending trendline resistance near the $0.19 region. A breakout above this line would signal a potential trend reversal and open the door for a larger rally.
However, if support fails and price closes below the zone with volume, the descending triangle could break to the downside, exposing HBAR to deeper declines toward the $0.10 area, where the next significant support exists.
For now, the coming weekly close is critical. As long as buyers continue to defend the base of the triangle, a rebound remains a realistic scenario.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.
The opinions and market insights shared on CoinsProbe represent the views of individual authors based on prevailing market conditions at the time of publication. Cryptocurrency investments carry significant risk and volatility. Readers are encouraged to conduct their own research and seek professional financial advice before making investment decisions. CoinsProbe and its contributors do not accept responsibility for financial losses or decisions made based on published content.
CoinsProbe may publish sponsored articles, affiliate links, or promotional collaborations. All sponsored material is clearly labeled to maintain transparency with our audience. Our editorial decisions remain fully independent, and advertising partnerships do not influence reviews, rankings, or published opinions.
Since 2023, CoinsProbe has delivered reliable insights on cryptocurrency, blockchain, and digital assets. Our content is created by experienced researchers and analysts who follow strict editorial standards focused on accuracy, transparency, and credibility. Every article is carefully reviewed and verified using trusted sources and current market data. We provide unbiased analysis and timely updates covering everything from emerging crypto projects to major industry developments.
