News

Kaspa (KAS) price forecast: why $0.03 is pivotal for bulls
February 27, 2026 4:05 pm
  • Kaspa price currently mirrors the broader market, with Bitcoin struggling.
  • The KAS token recently bounced off $0.028 and is holding $0.03.
  • If a decisive breakout materializes amid likely catalysts, bulls could target $0.10 in the coming months.

Kaspa (KAS) price has declined by 22% over the past month and by over 64% since its peak above $0.13 in May 2025.

The token trades near $0.03, but remains in an extended downtrend amid prevailing weakness across the crypto market. Friday’s session saw Bitcoin retest lows of $65,600, and Ethereum dip to near $1,900, a move that pinned most altcoins lower, including Kaspa.

Why Kaspa bulls may hold the upper hand

Despite the potential for a retest of recent lows, bullish catalysts are on the horizon. Combined with current strength, these possible upside triggers suggest the advantage in the coming months lies with the buyers. What KAS needs is for bulls to navigate the broader crypto market headwinds while holding $0.03 as support.

Among key milestones is Kaspa’s network notching over 600 million total transactions.

Details on the Kaspa Explorer show that total transactions have surpassed 604 million. According to market observers, this proves that the BlockDAG protocol delivers real-world throughput with sub-second confirmations.

Also notable is Kaspa’s pivotal hard fork expected in May. Implementation will introduce programmable covenants, native assets like KRC20 tokens, and SilverScript for easier Layer 1 development.

Meanwhile, nearly 95% of its 28.7 billion max supply is already mined, and a move to the limit can only slash new coin emissions further. If broader catalysts align, the KAS price will benefit.

Kaspa price analysis

While bulls have the upper hand in terms of what’s upcoming, current price action hints at a potential battle for dominance by both buyers and sellers.

KAS has remained in a downtrend since late 2025, with lows of $0.028 in February. The daily chart highlights a key supply zone at the falling 50-day and 100-day simple moving averages, with bulls hitting a supply wall around these levels multiple times.

Kaspa Price Chart
Kaspa price on daily chart by TradingView

If the price fails to break out decisively, a combination of negative market conditions could deepen the downtrend. Support could be at $0.025

On the upside, immediate hurdles are at the 50-day and 100-day SMAs near $0.036 and $0.041.

The key level for bulls will be $0.050-$0.055, a zone that marks a previous supply wall and above which KAS could run to $0.10 or higher.

It’s notable that the Kaspa price jumped to near $0.05 in mid-December 2025 amid excitement around KAS listing on HTX.

The post Kaspa (KAS) price forecast: why $0.03 is pivotal for bulls appeared first on CoinJournal.

Kaspa (KAS) price forecast: why $0.03 is pivotal for bulls
February 27, 2026 4:05 pm
  • Kaspa price currently mirrors the broader market, with Bitcoin struggling.
  • The KAS token recently bounced off $0.028 and is holding $0.03.
  • If a decisive breakout materializes amid likely catalysts, bulls could target $0.10 in the coming months.

Kaspa (KAS) price has declined by 22% over the past month and by over 64% since its peak above $0.13 in May 2025.

The token trades near $0.03, but remains in an extended downtrend amid prevailing weakness across the crypto market. Friday’s session saw Bitcoin retest lows of $65,600, and Ethereum dip to near $1,900, a move that pinned most altcoins lower, including Kaspa.

Why Kaspa bulls may hold the upper hand

Despite the potential for a retest of recent lows, bullish catalysts are on the horizon. Combined with current strength, these possible upside triggers suggest the advantage in the coming months lies with the buyers. What KAS needs is for bulls to navigate the broader crypto market headwinds while holding $0.03 as support.

Among key milestones is Kaspa’s network notching over 600 million total transactions.

Details on the Kaspa Explorer show that total transactions have surpassed 604 million. According to market observers, this proves that the BlockDAG protocol delivers real-world throughput with sub-second confirmations.

Also notable is Kaspa’s pivotal hard fork expected in May. Implementation will introduce programmable covenants, native assets like KRC20 tokens, and SilverScript for easier Layer 1 development.

Meanwhile, nearly 95% of its 28.7 billion max supply is already mined, and a move to the limit can only slash new coin emissions further. If broader catalysts align, the KAS price will benefit.

Kaspa price analysis

While bulls have the upper hand in terms of what’s upcoming, current price action hints at a potential battle for dominance by both buyers and sellers.

KAS has remained in a downtrend since late 2025, with lows of $0.028 in February. The daily chart highlights a key supply zone at the falling 50-day and 100-day simple moving averages, with bulls hitting a supply wall around these levels multiple times.

Kaspa Price Chart
Kaspa price on daily chart by TradingView

If the price fails to break out decisively, a combination of negative market conditions could deepen the downtrend. Support could be at $0.025

On the upside, immediate hurdles are at the 50-day and 100-day SMAs near $0.036 and $0.041.

The key level for bulls will be $0.050-$0.055, a zone that marks a previous supply wall and above which KAS could run to $0.10 or higher.

It’s notable that the Kaspa price jumped to near $0.05 in mid-December 2025 amid excitement around KAS listing on HTX.

The post Kaspa (KAS) price forecast: why $0.03 is pivotal for bulls appeared first on CoinJournal.

Kaspa (KAS) price forecast: why $0.03 is pivotal for bulls
February 27, 2026 4:05 pm
  • Kaspa price currently mirrors the broader market, with Bitcoin struggling.
  • The KAS token recently bounced off $0.028 and is holding $0.03.
  • If a decisive breakout materializes amid likely catalysts, bulls could target $0.10 in the coming months.

Kaspa (KAS) price has declined by 22% over the past month and by over 64% since its peak above $0.13 in May 2025.

The token trades near $0.03, but remains in an extended downtrend amid prevailing weakness across the crypto market. Friday’s session saw Bitcoin retest lows of $65,600, and Ethereum dip to near $1,900, a move that pinned most altcoins lower, including Kaspa.

Why Kaspa bulls may hold the upper hand

Despite the potential for a retest of recent lows, bullish catalysts are on the horizon. Combined with current strength, these possible upside triggers suggest the advantage in the coming months lies with the buyers. What KAS needs is for bulls to navigate the broader crypto market headwinds while holding $0.03 as support.

Among key milestones is Kaspa’s network notching over 600 million total transactions.

Details on the Kaspa Explorer show that total transactions have surpassed 604 million. According to market observers, this proves that the BlockDAG protocol delivers real-world throughput with sub-second confirmations.

Also notable is Kaspa’s pivotal hard fork expected in May. Implementation will introduce programmable covenants, native assets like KRC20 tokens, and SilverScript for easier Layer 1 development.

Meanwhile, nearly 95% of its 28.7 billion max supply is already mined, and a move to the limit can only slash new coin emissions further. If broader catalysts align, the KAS price will benefit.

Kaspa price analysis

While bulls have the upper hand in terms of what’s upcoming, current price action hints at a potential battle for dominance by both buyers and sellers.

KAS has remained in a downtrend since late 2025, with lows of $0.028 in February. The daily chart highlights a key supply zone at the falling 50-day and 100-day simple moving averages, with bulls hitting a supply wall around these levels multiple times.

Kaspa Price Chart
Kaspa price on daily chart by TradingView

If the price fails to break out decisively, a combination of negative market conditions could deepen the downtrend. Support could be at $0.025

On the upside, immediate hurdles are at the 50-day and 100-day SMAs near $0.036 and $0.041.

The key level for bulls will be $0.050-$0.055, a zone that marks a previous supply wall and above which KAS could run to $0.10 or higher.

It’s notable that the Kaspa price jumped to near $0.05 in mid-December 2025 amid excitement around KAS listing on HTX.

The post Kaspa (KAS) price forecast: why $0.03 is pivotal for bulls appeared first on CoinJournal.

Kaspa (KAS) price forecast: why $0.03 is pivotal for bulls
February 27, 2026 4:05 pm
  • Kaspa price currently mirrors the broader market, with Bitcoin struggling.
  • The KAS token recently bounced off $0.028 and is holding $0.03.
  • If a decisive breakout materializes amid likely catalysts, bulls could target $0.10 in the coming months.

Kaspa (KAS) price has declined by 22% over the past month and by over 64% since its peak above $0.13 in May 2025.

The token trades near $0.03, but remains in an extended downtrend amid prevailing weakness across the crypto market. Friday’s session saw Bitcoin retest lows of $65,600, and Ethereum dip to near $1,900, a move that pinned most altcoins lower, including Kaspa.

Why Kaspa bulls may hold the upper hand

Despite the potential for a retest of recent lows, bullish catalysts are on the horizon. Combined with current strength, these possible upside triggers suggest the advantage in the coming months lies with the buyers. What KAS needs is for bulls to navigate the broader crypto market headwinds while holding $0.03 as support.

Among key milestones is Kaspa’s network notching over 600 million total transactions.

Details on the Kaspa Explorer show that total transactions have surpassed 604 million. According to market observers, this proves that the BlockDAG protocol delivers real-world throughput with sub-second confirmations.

Also notable is Kaspa’s pivotal hard fork expected in May. Implementation will introduce programmable covenants, native assets like KRC20 tokens, and SilverScript for easier Layer 1 development.

Meanwhile, nearly 95% of its 28.7 billion max supply is already mined, and a move to the limit can only slash new coin emissions further. If broader catalysts align, the KAS price will benefit.

Kaspa price analysis

While bulls have the upper hand in terms of what’s upcoming, current price action hints at a potential battle for dominance by both buyers and sellers.

KAS has remained in a downtrend since late 2025, with lows of $0.028 in February. The daily chart highlights a key supply zone at the falling 50-day and 100-day simple moving averages, with bulls hitting a supply wall around these levels multiple times.

Kaspa Price Chart
Kaspa price on daily chart by TradingView

If the price fails to break out decisively, a combination of negative market conditions could deepen the downtrend. Support could be at $0.025

On the upside, immediate hurdles are at the 50-day and 100-day SMAs near $0.036 and $0.041.

The key level for bulls will be $0.050-$0.055, a zone that marks a previous supply wall and above which KAS could run to $0.10 or higher.

It’s notable that the Kaspa price jumped to near $0.05 in mid-December 2025 amid excitement around KAS listing on HTX.

The post Kaspa (KAS) price forecast: why $0.03 is pivotal for bulls appeared first on CoinJournal.

Kaspa (KAS) price forecast: why $0.03 is pivotal for bulls
February 27, 2026 4:05 pm
  • Kaspa price currently mirrors the broader market, with Bitcoin struggling.
  • The KAS token recently bounced off $0.028 and is holding $0.03.
  • If a decisive breakout materializes amid likely catalysts, bulls could target $0.10 in the coming months.

Kaspa (KAS) price has declined by 22% over the past month and by over 64% since its peak above $0.13 in May 2025.

The token trades near $0.03, but remains in an extended downtrend amid prevailing weakness across the crypto market. Friday’s session saw Bitcoin retest lows of $65,600, and Ethereum dip to near $1,900, a move that pinned most altcoins lower, including Kaspa.

Why Kaspa bulls may hold the upper hand

Despite the potential for a retest of recent lows, bullish catalysts are on the horizon. Combined with current strength, these possible upside triggers suggest the advantage in the coming months lies with the buyers. What KAS needs is for bulls to navigate the broader crypto market headwinds while holding $0.03 as support.

Among key milestones is Kaspa’s network notching over 600 million total transactions.

Details on the Kaspa Explorer show that total transactions have surpassed 604 million. According to market observers, this proves that the BlockDAG protocol delivers real-world throughput with sub-second confirmations.

Also notable is Kaspa’s pivotal hard fork expected in May. Implementation will introduce programmable covenants, native assets like KRC20 tokens, and SilverScript for easier Layer 1 development.

Meanwhile, nearly 95% of its 28.7 billion max supply is already mined, and a move to the limit can only slash new coin emissions further. If broader catalysts align, the KAS price will benefit.

Kaspa price analysis

While bulls have the upper hand in terms of what’s upcoming, current price action hints at a potential battle for dominance by both buyers and sellers.

KAS has remained in a downtrend since late 2025, with lows of $0.028 in February. The daily chart highlights a key supply zone at the falling 50-day and 100-day simple moving averages, with bulls hitting a supply wall around these levels multiple times.

Kaspa Price Chart
Kaspa price on daily chart by TradingView

If the price fails to break out decisively, a combination of negative market conditions could deepen the downtrend. Support could be at $0.025

On the upside, immediate hurdles are at the 50-day and 100-day SMAs near $0.036 and $0.041.

The key level for bulls will be $0.050-$0.055, a zone that marks a previous supply wall and above which KAS could run to $0.10 or higher.

It’s notable that the Kaspa price jumped to near $0.05 in mid-December 2025 amid excitement around KAS listing on HTX.

The post Kaspa (KAS) price forecast: why $0.03 is pivotal for bulls appeared first on CoinJournal.

Kaspa (KAS) price forecast: why $0.03 is pivotal for bulls
February 27, 2026 4:05 pm
  • Kaspa price currently mirrors the broader market, with Bitcoin struggling.
  • The KAS token recently bounced off $0.028 and is holding $0.03.
  • If a decisive breakout materializes amid likely catalysts, bulls could target $0.10 in the coming months.

Kaspa (KAS) price has declined by 22% over the past month and by over 64% since its peak above $0.13 in May 2025.

The token trades near $0.03, but remains in an extended downtrend amid prevailing weakness across the crypto market. Friday’s session saw Bitcoin retest lows of $65,600, and Ethereum dip to near $1,900, a move that pinned most altcoins lower, including Kaspa.

Why Kaspa bulls may hold the upper hand

Despite the potential for a retest of recent lows, bullish catalysts are on the horizon. Combined with current strength, these possible upside triggers suggest the advantage in the coming months lies with the buyers. What KAS needs is for bulls to navigate the broader crypto market headwinds while holding $0.03 as support.

Among key milestones is Kaspa’s network notching over 600 million total transactions.

Details on the Kaspa Explorer show that total transactions have surpassed 604 million. According to market observers, this proves that the BlockDAG protocol delivers real-world throughput with sub-second confirmations.

Also notable is Kaspa’s pivotal hard fork expected in May. Implementation will introduce programmable covenants, native assets like KRC20 tokens, and SilverScript for easier Layer 1 development.

Meanwhile, nearly 95% of its 28.7 billion max supply is already mined, and a move to the limit can only slash new coin emissions further. If broader catalysts align, the KAS price will benefit.

Kaspa price analysis

While bulls have the upper hand in terms of what’s upcoming, current price action hints at a potential battle for dominance by both buyers and sellers.

KAS has remained in a downtrend since late 2025, with lows of $0.028 in February. The daily chart highlights a key supply zone at the falling 50-day and 100-day simple moving averages, with bulls hitting a supply wall around these levels multiple times.

Kaspa Price Chart
Kaspa price on daily chart by TradingView

If the price fails to break out decisively, a combination of negative market conditions could deepen the downtrend. Support could be at $0.025

On the upside, immediate hurdles are at the 50-day and 100-day SMAs near $0.036 and $0.041.

The key level for bulls will be $0.050-$0.055, a zone that marks a previous supply wall and above which KAS could run to $0.10 or higher.

It’s notable that the Kaspa price jumped to near $0.05 in mid-December 2025 amid excitement around KAS listing on HTX.

The post Kaspa (KAS) price forecast: why $0.03 is pivotal for bulls appeared first on CoinJournal.

Kaspa (KAS) price forecast: why $0.03 is pivotal for bulls
February 27, 2026 4:05 pm
  • Kaspa price currently mirrors the broader market, with Bitcoin struggling.
  • The KAS token recently bounced off $0.028 and is holding $0.03.
  • If a decisive breakout materializes amid likely catalysts, bulls could target $0.10 in the coming months.

Kaspa (KAS) price has declined by 22% over the past month and by over 64% since its peak above $0.13 in May 2025.

The token trades near $0.03, but remains in an extended downtrend amid prevailing weakness across the crypto market. Friday’s session saw Bitcoin retest lows of $65,600, and Ethereum dip to near $1,900, a move that pinned most altcoins lower, including Kaspa.

Why Kaspa bulls may hold the upper hand

Despite the potential for a retest of recent lows, bullish catalysts are on the horizon. Combined with current strength, these possible upside triggers suggest the advantage in the coming months lies with the buyers. What KAS needs is for bulls to navigate the broader crypto market headwinds while holding $0.03 as support.

Among key milestones is Kaspa’s network notching over 600 million total transactions.

Details on the Kaspa Explorer show that total transactions have surpassed 604 million. According to market observers, this proves that the BlockDAG protocol delivers real-world throughput with sub-second confirmations.

Also notable is Kaspa’s pivotal hard fork expected in May. Implementation will introduce programmable covenants, native assets like KRC20 tokens, and SilverScript for easier Layer 1 development.

Meanwhile, nearly 95% of its 28.7 billion max supply is already mined, and a move to the limit can only slash new coin emissions further. If broader catalysts align, the KAS price will benefit.

Kaspa price analysis

While bulls have the upper hand in terms of what’s upcoming, current price action hints at a potential battle for dominance by both buyers and sellers.

KAS has remained in a downtrend since late 2025, with lows of $0.028 in February. The daily chart highlights a key supply zone at the falling 50-day and 100-day simple moving averages, with bulls hitting a supply wall around these levels multiple times.

Kaspa Price Chart
Kaspa price on daily chart by TradingView

If the price fails to break out decisively, a combination of negative market conditions could deepen the downtrend. Support could be at $0.025

On the upside, immediate hurdles are at the 50-day and 100-day SMAs near $0.036 and $0.041.

The key level for bulls will be $0.050-$0.055, a zone that marks a previous supply wall and above which KAS could run to $0.10 or higher.

It’s notable that the Kaspa price jumped to near $0.05 in mid-December 2025 amid excitement around KAS listing on HTX.

The post Kaspa (KAS) price forecast: why $0.03 is pivotal for bulls appeared first on CoinJournal.

HBAR price slips to $0.10 as Bitcoin weakness sparks bearish breakdown risk
February 27, 2026 2:26 pm
  • Hedera dropped to $0.10 as Bitcoin fell to lows of $65,680.
  • Ethereum (ETH) has shed 5.3% to under $1,950; XRP, Solana, and BNB also dipped.
  • HBAR price could retreat to support at $0.088.

Hedera’s HBAR token is under pressure as leading cryptocurrencies Bitcoin and Ethereum trim recent gains.

The altcoin has dropped to $0.10 as bears show dominance amid broader market caution, with BTC giving up gains to under $66,000.

Several of the top 10 coins are down too, losing 3-5% of their respective prices in the past 24 hours as of writing.

Downside risks for BTC, ETH, and Solana, among other cryptocurrencies, could accelerate declines for HBAR.

Hedera dips as Bitcoin sheds gains

As noted, Hedera is struggling to hold gains near $0.10 as Bitcoin faces renewed selling pressure.

The benchmark digital asset is trading around $66,230 after testing lows of $65,680 and being down more than 3% in early US trading hours.

Bears showed up as negative sentiment threatens to entrench once again despite a decent uptick in spot ETF outflows over the week.

Bitcoin reversed its gains as US stock futures flipped lower, with investor concerns over AI and its impact reemerged.

A lot of the risk asset jitters on the day came as Jack Dorsey’s Block announced it was slashing its workforce by 4,000.

Tech stocks fell this week despite Nvidia’s earnings beat, and the cascade has seen BTC fail to cement gains near $70.

Analysts say Bitcoin could yet fall to support at $60k or lower before rebounding higher in coming months.

With BTC posting downward movement, Ethereum (ETH) shed 5.3% to under $1,950, while XRP (XRP), Solana (SOL), and BNB also registered losses. The HBAR cryptocurrency is currently -3% in the 24-hour timeframe.

The HBAR cryptocurrency is currently -3% in the 24-hour timeframe.

HBAR price analysis

Losses across the market come as caution returns. ETF holders and treasuries have snapped up Bitcoin at low prices, but shorts are not done yet.

However, while HBAR’s price is down on the day, the trading volume of $137 million in the last 24 hours is also down by more than 5%.

Bulls may fail to stem the slide as price tests the $0.10 support, but decreased volume points to a potential seller exhaustion.

Other technical indicators outline this mixed short-term outlook, with RSI around 51 suggesting potential upside momentum before HBAR hits overbought conditions.

Hedera [Price Chart
HBAR price chart by TradingView
The token is also showing consolidation near the upper Bollinger Band, with short-term moving averages converging at that level as a pivot.

A break above the upper band, which is also at the resistance line of a descending channel, could see Hedera reclaim $0.12. The 200-day EMA offers the first major hurdle around $0.14.

However, the MACD indicator shows a potential bearish flip as the histogram shrinks near zero.

While volume hints at possible exhaustion in selling, a bearish cross could heighten chances of a dip below $0.10, with support at $0.088 and $0.079.

The post HBAR price slips to $0.10 as Bitcoin weakness sparks bearish breakdown risk appeared first on CoinJournal.

HBAR price slips to $0.10 as Bitcoin weakness sparks bearish breakdown risk
February 27, 2026 2:26 pm
  • Hedera dropped to $0.10 as Bitcoin fell to lows of $65,680.
  • Ethereum (ETH) has shed 5.3% to under $1,950; XRP, Solana, and BNB also dipped.
  • HBAR price could retreat to support at $0.088.

Hedera’s HBAR token is under pressure as leading cryptocurrencies Bitcoin and Ethereum trim recent gains.

The altcoin has dropped to $0.10 as bears show dominance amid broader market caution, with BTC giving up gains to under $66,000.

Several of the top 10 coins are down too, losing 3-5% of their respective prices in the past 24 hours as of writing.

Downside risks for BTC, ETH, and Solana, among other cryptocurrencies, could accelerate declines for HBAR.

Hedera dips as Bitcoin sheds gains

As noted, Hedera is struggling to hold gains near $0.10 as Bitcoin faces renewed selling pressure.

The benchmark digital asset is trading around $66,230 after testing lows of $65,680 and being down more than 3% in early US trading hours.

Bears showed up as negative sentiment threatens to entrench once again despite a decent uptick in spot ETF outflows over the week.

Bitcoin reversed its gains as US stock futures flipped lower, with investor concerns over AI and its impact reemerged.

A lot of the risk asset jitters on the day came as Jack Dorsey’s Block announced it was slashing its workforce by 4,000.

Tech stocks fell this week despite Nvidia’s earnings beat, and the cascade has seen BTC fail to cement gains near $70.

Analysts say Bitcoin could yet fall to support at $60k or lower before rebounding higher in coming months.

With BTC posting downward movement, Ethereum (ETH) shed 5.3% to under $1,950, while XRP (XRP), Solana (SOL), and BNB also registered losses. The HBAR cryptocurrency is currently -3% in the 24-hour timeframe.

The HBAR cryptocurrency is currently -3% in the 24-hour timeframe.

HBAR price analysis

Losses across the market come as caution returns. ETF holders and treasuries have snapped up Bitcoin at low prices, but shorts are not done yet.

However, while HBAR’s price is down on the day, the trading volume of $137 million in the last 24 hours is also down by more than 5%.

Bulls may fail to stem the slide as price tests the $0.10 support, but decreased volume points to a potential seller exhaustion.

Other technical indicators outline this mixed short-term outlook, with RSI around 51 suggesting potential upside momentum before HBAR hits overbought conditions.

Hedera [Price Chart
HBAR price chart by TradingView
The token is also showing consolidation near the upper Bollinger Band, with short-term moving averages converging at that level as a pivot.

A break above the upper band, which is also at the resistance line of a descending channel, could see Hedera reclaim $0.12. The 200-day EMA offers the first major hurdle around $0.14.

However, the MACD indicator shows a potential bearish flip as the histogram shrinks near zero.

While volume hints at possible exhaustion in selling, a bearish cross could heighten chances of a dip below $0.10, with support at $0.088 and $0.079.

The post HBAR price slips to $0.10 as Bitcoin weakness sparks bearish breakdown risk appeared first on CoinJournal.

HBAR price slips to $0.10 as Bitcoin weakness sparks bearish breakdown risk
February 27, 2026 2:26 pm
  • Hedera dropped to $0.10 as Bitcoin fell to lows of $65,680.
  • Ethereum (ETH) has shed 5.3% to under $1,950; XRP, Solana, and BNB also dipped.
  • HBAR price could retreat to support at $0.088.

Hedera’s HBAR token is under pressure as leading cryptocurrencies Bitcoin and Ethereum trim recent gains.

The altcoin has dropped to $0.10 as bears show dominance amid broader market caution, with BTC giving up gains to under $66,000.

Several of the top 10 coins are down too, losing 3-5% of their respective prices in the past 24 hours as of writing.

Downside risks for BTC, ETH, and Solana, among other cryptocurrencies, could accelerate declines for HBAR.

Hedera dips as Bitcoin sheds gains

As noted, Hedera is struggling to hold gains near $0.10 as Bitcoin faces renewed selling pressure.

The benchmark digital asset is trading around $66,230 after testing lows of $65,680 and being down more than 3% in early US trading hours.

Bears showed up as negative sentiment threatens to entrench once again despite a decent uptick in spot ETF outflows over the week.

Bitcoin reversed its gains as US stock futures flipped lower, with investor concerns over AI and its impact reemerged.

A lot of the risk asset jitters on the day came as Jack Dorsey’s Block announced it was slashing its workforce by 4,000.

Tech stocks fell this week despite Nvidia’s earnings beat, and the cascade has seen BTC fail to cement gains near $70.

Analysts say Bitcoin could yet fall to support at $60k or lower before rebounding higher in coming months.

With BTC posting downward movement, Ethereum (ETH) shed 5.3% to under $1,950, while XRP (XRP), Solana (SOL), and BNB also registered losses. The HBAR cryptocurrency is currently -3% in the 24-hour timeframe.

The HBAR cryptocurrency is currently -3% in the 24-hour timeframe.

HBAR price analysis

Losses across the market come as caution returns. ETF holders and treasuries have snapped up Bitcoin at low prices, but shorts are not done yet.

However, while HBAR’s price is down on the day, the trading volume of $137 million in the last 24 hours is also down by more than 5%.

Bulls may fail to stem the slide as price tests the $0.10 support, but decreased volume points to a potential seller exhaustion.

Other technical indicators outline this mixed short-term outlook, with RSI around 51 suggesting potential upside momentum before HBAR hits overbought conditions.

Hedera [Price Chart
HBAR price chart by TradingView
The token is also showing consolidation near the upper Bollinger Band, with short-term moving averages converging at that level as a pivot.

A break above the upper band, which is also at the resistance line of a descending channel, could see Hedera reclaim $0.12. The 200-day EMA offers the first major hurdle around $0.14.

However, the MACD indicator shows a potential bearish flip as the histogram shrinks near zero.

While volume hints at possible exhaustion in selling, a bearish cross could heighten chances of a dip below $0.10, with support at $0.088 and $0.079.

The post HBAR price slips to $0.10 as Bitcoin weakness sparks bearish breakdown risk appeared first on CoinJournal.