HBAR keeps stable at $ 0.24 as institutional interest is building

Hedera’s Har token showed a strong momentum in a 23-hour trade window between August 26 at. 15.00 and 27 August at. 14:00, which swung within a narrow $ 0.01 interval that reflected a 4% spread between its $ 0.25 high and $ 0.24 low.

The token got the early traction of August 26 and waved from $ 0.24 to its highest at $ 0.25 before 19:00, supported by unusually heavy trading volume of 70.13 million units. Afterwards, the market settled in consolidation with repeated testing of support for $ 0.24 and resistance near the top band, establishing a stable corridor for the rest of the session.

HBAR then renewed strength in the last trade time and moved on from $ 0.24 to close a little higher, and continued to emphasize bullish pressure, even in tight market conditions.

Analysts noted that the session’s elevated activity marked one of the more robust liquidity events for the token in recent weeks, highlighting the growing interest among the traders despite the wider market’s caution.

Token’s technical resilience comes when institutional players step deeper into Hedera’s ecosystem. Payments Network Swift has launched Live Blockchain tests using Hedera for tokenized settlement infrastructure, while Asset Manager Grayscale has established a Delaware confidence of HBAR.

HBAR/USD (TradingView)

Technical indicators collapse
  • Trade Corridor of $ 0.01, indicating 4% difference between the session’s high of $ 0.25 and low at $ 0.24.
  • Maximum Bullish strength materialized around 19:00 on August 26 with the progress of $ 0.24 to $ 0.25.
  • Significant trading volume reached 70.13 million units that surpassed typical session measurements.
  • Foundation level formed almost $ 0.24 through several successful support confirmations.
  • Resistance materialized around $ 0.24 Establishment of well -defined trading channel.
  • Final 60-minute session demonstrated 1% appreciation from $ 0.24 to $ 0.24.
  • Trade volume wave of 7.08 million units realized at 1 p.m. 13:42 under dramatic price movement.
  • $ 0.24 level served as a crucial swivel point that switches from resistance to support.

Disclaimer: Parts of this article were generated with the help of AI tools and reviewed by our editorial team to ensure accuracy and compliance with Our standards. For more information, see Coindesk’s full AI policy.

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