Latest Haedal Protocol (HAEDAL) Price Analysis

By CMC AI
28 September 2025 02:44AM (UTC+0)

Why is HAEDAL’s price down today? (28/09/2025)

TLDR

Haedal Protocol (HAEDAL) fell 1.35% in the past 24 hours, underperforming the broader crypto market (-0.015%). Key drivers include technical weakness, lingering ecosystem security concerns, and thin liquidity amplifying downside moves.

  1. Technical Breakdown – Bearish momentum confirmed by RSI near oversold levels and failed support retests.

  2. Ecosystem Risk Aversion – Residual caution after May’s $223M Cetus exploit indirectly linked to Sui-based protocols like Haedal.

  3. Low Liquidity Pressure – 24h trading volume dropped 41.5%, reducing price stability.

Deep Dive

1. Technical Weakness (Bearish Impact)

Overview: HAEDAL broke below its critical Fibonacci support at $0.132 (38.2% retracement level) and now trades near its swing low of $0.1219. The RSI-7 sits at 33.98 – nearing oversold territory but showing no bullish divergence. MACD histogram remains negative (-0.00298), signaling sustained bearish momentum.

What this means: Technical traders likely exited positions after the breakdown, accelerating selling pressure. The lack of volume (24h turnover ratio: 0.299) suggests limited buyers to absorb sells.

What to watch: A close above $0.132 could signal relief, while failure to hold $0.1219 may trigger steeper declines.

2. Ecosystem Security Concerns (Mixed Impact)

Overview: HAEDAL’s price remains sensitive to Sui ecosystem risks, highlighted by the May 2025 $223M Cetus Protocol exploit. While Haedal itself wasn’t hacked, its integration with Sui validators and DeFi pools creates indirect exposure.

What this means: Investors remain cautious about interconnected risks in Sui-based projects. HAEDAL’s 0.7% dip during the exploit (vs. CETUS’ 30% crash) showed resilience but didn’t fully restore confidence.

3. Market-Wide Risk-Off Sentiment (Bearish Impact)

Overview: Crypto fear/greed index sits at 34/100 (Fear), with altcoins underperforming Bitcoin (BTC dominance: +57.82%). HAEDAL’s 30-day correlation with BTC is 0.82, amplifying downside during risk-off periods.

What this means: Macro uncertainty and altcoin weakness have driven capital away from smaller caps like HAEDAL. The token’s 16% weekly drop outpaces the crypto market’s 6.5% decline.

Conclusion

HAEDAL’s dip reflects a mix of technical breakdowns, ecosystem jitters, and sector-wide caution. While oversold conditions could spark a bounce, thin liquidity and unresolved Sui DeFi risks limit upside potential.

Key watch: Sui network’s TVL recovery (currently $1.77B vs. pre-exploit $2.13B) and HAEDAL’s ability to reclaim $0.132 resistance.

Why is HAEDAL’s price up today? (26/09/2025)

TLDR

Haedal Protocol (HAEDAL) rose 3.1% over the last 24h, outperforming the broader crypto market’s +1.56% gain. Here are the main factors:

  1. Technical Rebound – Oversold RSI and MACD divergence signaled reversal potential.

  2. Product Updates – Revamped website and $600K+ HMM fee milestone boosted confidence.

  3. Exchange Momentum – Recent listings on Indodax (July) and Binance Loans (June) expanded access.

Deep Dive

1. Technical Rebound (Bullish Impact)

Overview: HAEDAL’s RSI14 rose from 39.35 to neutral territory, exiting oversold conditions, while the MACD histogram (-0.00205) showed slowing bearish momentum. The price reclaimed the $0.12–$0.13 support zone tested in June.

What this means: Traders interpreted the RSI rebound and June 2025 swing low ($0.1145) as a buying signal. With 74.66% buy-side order book dominance noted in June analysis, retail traders likely amplified this move.

What to look out for: A close above the 30-day SMA ($0.1423) could confirm trend reversal.

2. Ecosystem Growth (Bullish Impact)

Overview: Haedal’s August 13 website overhaul improved staking UX, aligning with its Q2 milestones: 900K+ accounts and $1.2B HMM trading volume. The protocol also crossed $6M in staking rewards by July 15.

What this means: Improved accessibility and transparent yield metrics (e.g., haSUI’s 6% appreciation) likely attracted new stakers, tightening circulating supply. Binance’s June 4 addition of HAEDAL to its VIP Loan program further institutionalized demand.

3. Market Sentiment Divergence (Mixed Impact)

Overview: HAEDAL’s 24h gain contrasted with the crypto Fear & Greed Index (32/100) and Bitcoin’s dominance at 57.83%.

What this means: Low-cap altcoins like HAEDAL often see volatile rallies during fear phases as traders hunt for asymmetrical opportunities. However, thin liquidity ($17.25M 24h volume) leaves it vulnerable to sudden reversals if BTC dominance spikes.

Conclusion

HAEDAL’s rebound combines technical factors with tangible ecosystem growth, though its -14% weekly loss underscores ongoing volatility risks. The Sui-based protocol’s focus on liquid staking yields positions it to benefit from DeFi rotation if market sentiment improves.

Key watch: Can HAEDAL hold above $0.14 (200-day EMA) to confirm a sustained recovery? Monitor Sui Network’s TVL trends for cross-chain validation.

CMC AI can make mistakes. Not financial advice.