HBAR saw a sharp sales pressure during the latest session, sliding from $ 0.241 to $ 0.238 between 13:25 and 14:24 August 19th. An early increase to $ 0.243 was quickly reversed as heavy selling drove token through key support levels. A volume wave of 5.38 million at. 13:32 the collapse confirmed before the trading activity dried out in the last minutes and HBAR closed near the session.
Across the 24-hour period from August 18 at 1 p.m. 15.00 to 19 August at. 14.00 the token dropped 2.46%and fell from $ 0.244 to $ 0.238. Trade was unstable with HBAR in the interval between $ 0.249 and $ 0.237 on volume of over 87 million.
Wider market conditions added pressure as the US producer price index increased to 3.3%, over the Federal Reserve forecasts, which burned inflational concerns and contributes to $ 460 million in liquidation across digital assets.
Despite the turbulence, analysts highlight HBBAR’s infrastructure and corporate partnerships in the company as a foundation for long -term adoption, even as an almost term atmosphere remains fragile.
Corporate Technical Analysis Framework
- HBAR showed off -nected momentum in the last 24-hour period from August 18 at 1 p.m. 15.00 to 19 August at. 14:00, which fell from $ 0.24 to $ 0.24, which represents a fall of 2.46% with a total trading range of $ 0.01 (4.81%).
- The digital asset reached its intraday top to $ 0.25 during the August 18th Evening Trade before encountering considerable resistance and began a sustained decline that continued through Asian Trade Session.
- Critical support for $ 0.24 was decisively violated during the early breakfast trade on August 19, when the high -volume sales pressure confirms the collapse.
- The lack of regaining this level of support despite several recovery attempts suggests the potential of additional disadvantages against $ 0.24 support zone.
- HBAR’s sales course was intensified over the last 60 minutes from August 19 at. 13:25 to 14:24, which fell from $ 0.24 to $ 0.24 with extreme volatility characterized by a dramatic increase to $ 0.24 at. 13:30.
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