Hedera (HBAR) is up nearly 5% in the last 24 hours as it attempts to break above the $0.20 mark for the first time in 2 weeks. The recent price rally comes amid improving technical signals that hint at a potential shift in trend.

Despite the ongoing recovery, HBAR still faces key resistance levels and a bearish backdrop that has dominated in recent weeks.

Hedera BBTrend Is Recovering, But Still Negative

Hedera’s BBTrend is currently sitting at -1.85, showing a recovery from -3.44 yesterday, though it was recently as high as 0.96 two days ago.

This recent movement suggests some short-term improvement in price momentum after recent downside pressure. However, the overall trend still leans negative as Hedera struggles to sustain any lasting bullish signals.

The indicator highlights how the token is attempting to recover but remains stuck in a broader pattern of weak momentum.

The BBTrend (Bollinger Band Trend) indicator measures how far price action deviates from the center of the Bollinger Bands, helping to assess trend strength and direction.

Typically, values above 0 suggest bullish conditions, while values below 0 point to bearish momentum. With Hedera’s BBTrend currently at -1.85, it suggests bearish pressure is still present, despite the recent bounce.

More importantly, Hedera has shown difficulty sustaining strong positive levels for an extended period – the last time BBTrend crossed above 10 was on March 6, highlighting how fleeting bullish momentum has been in recent weeks.

HBAR Ichimoku Cloud Shows The Trend Could Be Shifting, But There Are Challenges Ahead

Hedera’s Ichimoku Cloud chart is showing some early signs of recovery, as the price has broken above the blue Tenkan-sen line and is now testing the bottom of the red Kumo (cloud).

The price action has moved into the cloud after trading below it for an extended period, which can be seen as a shift from bearish to more neutral conditions.

While the price attempting to climb into the cloud suggests that selling pressure is weakening, it still faces resistance from the thicker part of the Kumo just above current levels.

The cloud’s bearish (red) coloration indicates that the broader trend remains under pressure, despite the recent upside move.

The Ichimoku Cloud, or Kumo, is a multi-component indicator that highlights support, resistance, trend direction, and momentum all in one glance. When prices are below the cloud, it suggests bearish conditions, while prices above the cloud signal bullish sentiment.

Trading inside the cloud typically indicates a consolidation phase or market indecision.

In Hedera’s case, the token’s current positioning within the cloud signals that it is attempting to neutralize the recent bearish momentum but has not yet shifted into a clear bullish trend.

Until HBAR can firmly break above the upper edge of the cloud, upside potential may remain capped by resistance.

Will A Golden Cross Make Hedera Surge?

Hedera’s EMA lines are still showing a bearish setup overall as long-term EMAs continue to trend downward. However, short-term EMAs are beginning to slope upwards and could soon cross above the longer-term averages, potentially forming a golden cross.

If this bullish crossover occurs, it may trigger a stronger upward move, with the first resistance level sitting at $0.199. A break above this level could open the path for further gains toward $0.215, and if the bullish momentum accelerates, Hedera price could even aim for $0.258 in the coming sessions.

Alternatively, if the short-term upside momentum fades and the golden cross fails to materialize, bearish pressure could resume. In this scenario, HBAR may revisit key support levels at $0.184 and $0.178.

A decisive break below these levels could lead the token back under $0.17, reinforcing the bearish structure.

Binance announced that the Particle Networks PARTI token will be in its HODLer Airdrops program. The PARTI token generation event (TGE) will take place tomorrow, March 25, followed by airdrops and listing on several centralized exchanges.

OKX is also going to list PARTI. The launch price is still unclear, but Particle Network has strong community support on social media.

Binance to List Particle Network’s PARTI Token

Binance, the world’s largest crypto exchange, has been substantially boosting token projects with its HODLer Airdrops program. Last week, it caused Bubblemaps’ BMT token to spike 100%, and it’s now adding another asset to the program.

According to its announcement, Binance is hosting an airdrop for Particle Network’s new token tomorrow at 13:00 (UTC), followed by an official listing.

Particle Network is a blockchain infrastructure project dedicated to simplifying the Web3 experience. Last July, it also joined the Peaq DePIN ecosystem.

Since 2022, the network has helped create over 17 million wallets and processed more than 10 million user operations.

Unlike Bubblemaps, Particle Network’s token hasn’t seen a price spike from Binance’s airdrop announcement. This is because PARTI has not had a token generation event (TGE) yet.

According to data from CoinMarketCap, PART will be hosted on the BNB Chain, and several exchanges, including OKX, KuCoin, and Binance, will list the token at launch time.

Meanwhile, tokenomics reveals that PARTI will have a maximum supply of 1 billion tokens. 3% of this will go to HODLer Airdrop participants, and 23.3% will be listed for trading on Binance.

Another 3% will be allocated to the other marketing campaigns six months after spot listing, but there aren’t any specific details yet.

Ultimately, it’s difficult to predict how well PARTI will perform after its TGE. Particle Network’s post about the airdrop had over 100,000 views, and Binance token listings typically do quite well.

Hopefully, this trend will continue with a fruitful launch that encourages further Web3 innovation.

Trump Media and Crypto.com announced a partnership to launch new ETFs based on Cronos, Bitcoin, and other assets. The resolution is non-binding, and a Cronos ETF would need SEC approval.

Even though there are serious obstacles to implementing the stated program, Cronos surged by over 18% due to speculative interest and bullish momentum.

Crypto.com, a major exchange and issuer of the Cronos token, has been through a few changes recently. Although CRO fell dramatically at the end of 2024, the exchange has ventured into new markets.

Today’s partnership with Trump Media Group triggered a bullish cycle for the CRO token, as the announcement hinted at a potential Cronos ETF.

“Trump Media and Technology Group Corp has signed a non-binding agreement to partner with Crypto.com to launch a series of ETFs and ETPs. The ETFs are expected to comprise digital assets as well as securities with a Made in America focus spanning diverse industries such as energy [and] cryptocurrencies incorporating Bitcoin, Cronos, and others,” a press release stated.

The announcement clarified that these ETFs still require regulatory approval. Also, Crypto.com and Trump Media haven’t finalized a “definitive” agreement, even if the resultant ETFs will include Cronos.

Meanwhile, Cronos reached a yearly high in December after reports of the Crypto.com CEO and the US President’s meet-up and its legal resolution with the SEC. However, CRO has suffered a 30% drop since then. Today’s news brought fresh liquidity into the altcoin.

The SEC may be looking favorably on altcoin ETFs, but one based on Cronos is totally out of left field. Even if Trump personally intervenes, a Cronos ETF may still be months away. There haven’t been any ETF applications for the altcoin yet.

Another concern, of course, is the “Made in America” angle. Although the statement discusses US-based products, Crypto.com is currently headquartered in Singapore. The US is still the exchange’s primary target market.

The biggest problem, however, is that a Cronos ETF could be the biggest political crypto scandal since the TRUMP token. US Presidents are not supposed to conduct private business in any capacity, especially with foreigners.

Could Trump’s firm expect to win the SEC’s highest stamp of approval? Even if it did, wouldn’t that impact the Commission’s own legitimacy?

Overall, it’s evident that Trump Media is venturing deeper into the crypto industry and looking to extend its investment avenues. Such a partnership will also help the exchange increase its market share in the US and challenge Coinbase’s dominance.