HBAR Price Retreats 6% Despite Robinhood Listing Boost - Key Levels to Watch
Alvin Lang Jul 28, 2025 21:40
HBAR trades at $0.27 after a 6.14% daily decline, but technical indicators remain bullish following last week's Robinhood listing surge that drove prices up 12%.
Quick Take
• HBAR currently trading at $0.27 (-6.14% in 24h) • HBAR RSI at 63.21 maintains neutral territory despite daily pullback • Robinhood listing on July 25 provided 12% surge but momentum cooling
What's Driving Hedera Price Today?
The HBAR price is experiencing a pullback following last week's significant rally driven by the Robinhood listing announcement. On July 25, 2025, Hedera surged nearly 12% after being added to the popular retail trading platform, making it the top performer among the top 20 cryptocurrencies by market cap. This listing represented a major milestone for HBAR accessibility to retail investors.
However, today's 6.14% decline reflects natural profit-taking after the initial euphoria. The current HBAR price of $0.27 sits within the recent trading range established between $0.27 and $0.30 over the past 24 hours. Trading volume remains elevated at $82.17 million on Binance spot markets, indicating continued interest despite the pullback.
The recent mainnet upgrade to version 0.63 completed on July 23 has had minimal immediate price impact, focusing primarily on internal performance improvements rather than user-facing features. While this technical enhancement supports long-term network stability, it hasn't provided the same market catalyst as the Robinhood listing.
HBAR Technical Analysis: Bullish Signals Persist Despite Correction
Despite today's decline, Hedera technical analysis reveals several encouraging indicators for bulls. The HBAR RSI currently sits at 63.21, maintaining a neutral position that suggests room for further upward movement without reaching overbought territory. This positioning is particularly constructive given the recent rally from lower levels.
Hedera's MACD indicator shows a bullish configuration with the main line at 0.0259 above the signal line at 0.0254, generating a positive histogram of 0.0006. This setup indicates that bullish momentum remains intact despite the current price correction.
The moving average structure strongly favors Hedera bulls, with the current HBAR price of $0.27 trading above both the 7-day SMA ($0.27) and 20-day SMA ($0.25). More importantly, HBAR maintains significant distance above the 50-day SMA at $0.19 and 200-day SMA at $0.21, confirming the overall bullish trend classification.
Hedera Price Levels: Key Support and Resistance
Based on Binance spot market data, HBAR faces immediate resistance at $0.30, which coincides with both the recent 24-hour high and a psychological round number. This level has proven challenging in recent sessions and represents the primary hurdle for bulls attempting to resume the uptrend.
The Bollinger Bands analysis shows HBAR trading at 0.7126 of the band width, positioning it in the upper portion but not yet at extreme levels. The upper band at $0.31 provides additional resistance context, while the middle band (20-day SMA) at $0.25 offers nearby support.
Hedera support levels present a more concerning picture for short-term traders. The immediate support sits at $0.16, representing a significant gap from current prices. This wide support zone reflects the rapid nature of HBAR's recent ascent and suggests limited nearby cushions for any accelerated selling pressure.
The stronger support level at $0.13 aligns closely with the 52-week low of $0.12, providing a foundational floor that has held throughout the broader market cycles this year.
Should You Buy HBAR Now? Risk-Reward Analysis
For momentum traders, the current HBAR price setup presents mixed signals requiring careful position sizing. The bullish technical indicators and recent Robinhood listing provide fundamental support for higher prices, but the 6.14% daily decline suggests some near-term weakness.
Conservative traders might consider waiting for a test of the $0.25 level, which aligns with the 20-day SMA and middle Bollinger Band. This approach would provide better risk-reward ratios while still capturing potential upside from the Robinhood-driven narrative.
Aggressive traders could view the current pullback as a buying opportunity, particularly given the HBAR RSI remaining below overbought levels and the strong moving average support structure. However, position sizing should account for the wide gap to immediate support at $0.16.
The key risk factor remains the overall market sentiment and whether retail interest generated by the Robinhood listing can sustain momentum. Stop-loss levels below $0.25 would help manage downside risk while allowing participation in any resumption of the bullish trend.
Conclusion
HBAR price action over the next 24-48 hours will likely determine whether the Robinhood listing represents a sustainable catalyst or merely a temporary boost. The technical setup remains constructive with bullish MACD signals and favorable moving average positioning, but the current pullback tests the resolve of new buyers attracted by the recent listing. Traders should monitor the $0.30 resistance level for breakout potential while respecting the significant gap to meaningful support levels below current prices.
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