HBAR demonstrated remarkable Bullish Momentum during the last day and rose from $ 0.22 to $ 0.23 between October 5 and October 6 in the middle of a 5.47% intraday volatility area.
The token rebound from low close to $ 0.21 to place higher heights above $ 0.23, powered by strong purchase activity pushing trading volume over 70 million in peak times.
Cryptocurrency rose approx. 3% over the 24-hour window and expanded gains as the US government’s closed demand for investor for alternative assets.
Trade volume rose to almost 55 million, well above its 39.85 million daily average, signaling renewed market participation and optimism around HBAR’s short -term lane.
Further upward momentum was registered in the last hour of the session, with a 0.46% reinforcement of HBAR for $ 0.23, even when traditional stock markets came under pressure from current trade services.
Technical indicators signalize sustained strength
- HBAR established formidable support for $ 0.21 during October 5th evening with a significant volume confirmation.
- Trade activity of 54.99 million exceeded the 24-hour average of 39.85 million through the recovery.
- Cryptocurrency demonstrated sustained momentum upward through several resistance violations, which in particular surpasses $ 0.22 and $ 0.22 thresholds.
- Robust volume participation exceeded 43 million during pivotal breakout sessions.
- The last hour diminished volume of 5.56 million suggests consolidation near with $ 0.23 tip.
- Two different phases characterized the final hour: Initial consolidation about $ 0.23 support followed by crucial breakout wave that begins at 1 p.m. 13:37.
- Volume spiked at 2.87 million during breakout, which propelled the price through multiple resistance levels including $ 0.23 and $ 0.23.
- Hbar achieved its Session Zenith at $ 0.23 with lasting volume above 1.75 million during the window 13: 57-14: 06.
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