HBAR showed remarkable resilience in the last 24 -hour trade window swung within a narrow range of $ 0.2104 to $ 0.2172. The most significant movement occurred late on September 28, when the token rose from $ 0.2139 to $ 0.2168 on volume almost twice the daily average. This sharp increase established clear resistance near $ 0.2172 when the trading activity spiked at 59.92 million tokens, which emphasized increased market participation.
After this recovery, HBAR entered a consolidation phase that stabilized between $ 0.2144 and $ 0.2168 before retiring to $ 0.2131 at noon September 29. The asset found reliable support at this level and then rebound to $ 0.2160, highlighting a stable demand. The last-session activity experienced another Bullish Burst with prices climbing from $ 0.2132 to $ 0.2164 within one hour, supported by strong volume streams that reinforced momentum.
The rally comes on the basis of increased uncertainty in the market, where digital assets such as HBAR have attracted institutional attention. Investors continue to weigh on blockchain infrastructure projects, such as Hedera, as potential hedges in the midst of volatility in traditional financial markets.
Technical indicators emphasize the Bullish Momentum Characteristics
- HBAR showed a significant bullish momentum throughout the previous 24-hour period from September 28, 15:00 to 29 September 14:00, which went from $ 0.21 to $ 0.22 representing a 2.37% appreciation.
- The total trading area included $ 0.01 (2.78%) between the absolute minimum of $ 0.21 and a maximum of $ 0.22.
- Remarkable volume waves in critical breakthrough periods at. 22:00 and 13:00 hours reinforced the sustained upward course despite periodic consolidation phases.
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