Autor: dot-traders

• Token still near 2025 low despite short-term bounce.
• Market activity remains muted across the Hedera network.
• Recovery possible if price breaks above $0.15 zone.

Hedera’s native token HBAR is under mounting pressure as the network struggles with a sharp drop in stablecoin supply and declining market activity.

Despite gaining 5.61% in the past 24 hours to trade at $0.1372, HBAR remains close to its year-to-date low.

Over the past week, the token lost as much as 15% before staging a short-term bounce.

Meanwhile, Hedera’s stablecoin reserves have plummeted by more than 80% in just a month, highlighting severe liquidity issues that could weigh further on the token’s price.

Unless capital inflows pick up and on-chain activity rebounds, HBAR may breach critical support and extend its decline.

Stablecoin liquidity on Hedera drops to $41 million

According to data from DefiLlama, Hedera’s total stablecoin supply has declined to $41 million, marking its lowest level in the past 90 days.

This is a sharp reversal from the $216 million peak recorded last month.

The 80% drop reflects a broader decline in liquidity and user participation across the Hedera ecosystem.

Stablecoins are widely used as proxies for capital deployment in decentralised networks.

A significant contraction in their supply usually indicates reduced investor appetite for trading, lending, or yield farming.

This weakening demand reduces pressure on the native token to serve as gas or collateral, thereby putting more downside risk on HBAR.

If the stablecoin outflows continue, it may signal that users are migrating to alternative blockchains with more attractive yields or higher activity levels.

This could further strain Hedera’s token economy and its ability to retain value in a highly competitive decentralised finance (DeFi) landscape.

HBAR trades below key Ichimoku Cloud levels

From a technical perspective, HBAR’s current price action paints a bearish picture.

The token is trading below the Ichimoku Cloud on its daily chart, with resistance levels now positioned at $0.15 and $0.17.

These levels correspond to the indicator’s Leading Spans A and B, which act as dynamic resistance zones when prices remain underneath them.

The Ichimoku Cloud is commonly used to gauge market trends and momentum.

When the price is below the cloud, it typically reflects negative sentiment and a dominance of sellers.

For HBAR, these resistance zones must be reclaimed to shift the momentum in favour of bulls.

At the time of writing, HBAR is hovering at $0.1372, having risen 5.61% in the last 24 hours.

This recovery comes after days of steady losses, but the token remains close to its 2025 low of $0.13.

If this support level is breached again, there could be a cascade of further selloffs, particularly from short-term traders looking to limit losses.

Liquidity crunch threatens sustained sell pressure

The sharp reduction in stablecoin reserves has created a liquidity crunch on the Hedera network.

This restricts user activity and narrows the avenues for deploying capital.

As a result, network participation has stagnated, and fewer tokens are circulating in DeFi protocols or decentralised applications.

Without a recovery in stablecoin activity or a major catalyst to draw new users, HBAR’s fundamentals may continue to deteriorate.

In such a scenario, the market could see sustained selling pressure as investors rotate out of underperforming assets.

A break below $0.13 could trigger further losses, with lower support zones yet to be tested.

However, the current outlook may shift if buyers begin to accumulate at discounted levels.

Reversal possible if bulls reclaim $0.15

Despite the prevailing downtrend, a bullish reversal is still possible.

If investor sentiment improves and stablecoin liquidity returns to the Hedera network, it could spark renewed interest in HBAR.

A decisive move above $0.15 would be the first technical signal of recovery.

Such a breakout would allow HBAR to challenge the $0.17 resistance next, potentially reversing the multi-week bearish structure.

Until then, the token remains vulnerable to further losses, especially if macro market conditions stay risk-averse or network fundamentals weaken further.

The post HBAR price risks deeper drop as Hedera stablecoin supply slumps 80% appeared first on CoinJournal.

• XRP Ledger TVL dropped 12.5% to US$54.2 million.
• Open interest fell 36%, funding rates turned negative.
• Death cross and descending triangle indicate more downside.

XRP is facing renewed downside pressure as a combination of geopolitical instability, regulatory uncertainty, and weakening network metrics push the token closer to a critical breakdown.

The cryptocurrency, once buoyed by optimism surrounding a possible XRP ETF and Ripple’s courtroom wins, is now testing major support near the $2 mark. However, XRP has rebounded slightly and is now up by 3.34%, trading at $2.02.

With bearish technical formations in place and key indicators flashing red, analysts suggest the next move could drag XRP down toward $1.47—or worse.

ETF delay and macro risks hurt sentiment

Investor confidence took a hit after the US Securities and Exchange Commission postponed its decision on the Franklin Templeton spot XRP ETF.

This marked the latest in a series of regulatory setbacks for crypto assets in the US, fuelling speculation that XRP’s institutional adoption may take longer than expected.

The delay, announced last week, coincided with rising geopolitical tensions in the Middle East. As fears of a broader conflict mounted, Bitcoin and other major altcoins were caught in a widespread risk-off move.

XRP was particularly affected, entering one of its longest losing streaks in over a month.

This double blow—the ETF delay and broader crypto selloff—triggered a rapid loss of momentum, with XRP now trading just above its crucial $2 level. Today’s move above $2.00, however, signals a short-term bounce that traders are watching closely.

On-chain metrics flash weakness

Network data is showing signs of deterioration.

Total value locked (TVL) on the XRP Ledger has dropped approximately 12.5% to US$54.2 million, indicating reduced participation and weakening decentralized finance activity.

This decline has cast doubt on XRP’s use-case strength, especially as competing networks show more resilient metrics under similar market conditions.

Open interest in XRP derivatives has also plunged by nearly 36%, with funding rates turning negative. These data points suggest traders are shifting to a more bearish stance, expecting lower prices ahead.

XRP is displaying a descending triangle pattern on technical charts—often considered a bearish signal—alongside a “death cross” where the 50-day moving average dips below the 200-day average.

Support zones and possible downside targets

According to technical analyst EGRAG Crypto, the $2.10–$2.09 range had served as a major support level aligned with the 200-day moving average.

But repeated tests have weakened this zone, making a decisive break more likely.

If XRP fails to hold above $2, the next demand zone sits between $1.90 and $1.77.

A further breakdown could see XRP testing the $1.47 support level, and in the worst-case scenario, analysts warn of a sub-$1 drop if panic selling sets in.

But with today’s recovery to $2.02, the $2 mark may hold for now, at least temporarily delaying this downside path.

ETF hopes and bounce arguments remain

Despite the bearish setup, some market participants remain optimistic. XRP recently showed a quick V-shaped recovery from around $1.91 to reclaim the $2 level, backed by roughly US$4 billion in futures trading volume.

This bounce, while short-lived, demonstrated that there is still demand at lower levels.

CasiTrades, a well-followed trader, has suggested that a successful defence of the $2 level could open up a path toward $3, especially if volume holds and macro news improves.

Meanwhile, event-based prediction platform Polymarket shows more than 80% odds for a spot XRP ETF approval later this year, giving bulls a potential catalyst to look forward to.

With XRP now trading at $2.02, attention is back on whether this bounce has enough volume and momentum to push further upward—or whether sellers will return around this level.

Outlook hinges on technicals and regulation

XRP is now at a crucial inflection point. If the $2 support level fails to hold, downside risks could accelerate, potentially taking the price toward $1.47 or lower.

On the other hand, holding above $2 amid improving ETF sentiment and calming geopolitical tensions could set the stage for a reversal toward $2.30–$2.33 and beyond.

Market watchers are advised to monitor ETF news closely, particularly from the SEC, while keeping an eye on network metrics and price behaviour around key support levels.

The post XRP crashes 12.5% in TVL, ETF delay and war fears trigger selloff appeared first on CoinJournal.