HBAR released a strong technical performance across the last 23-hour trade window and went on from $ 0.21 to $ 0.22 while registering a trade area of ​​$ 0.012, equivalent to 5.7% volatility.
Market actions were highlighted by a fixed consolidation to $ 0.209 on heavy volume before buyers pushed the token decisively over $ 0.221 resistance at 1 p.m. 08:00.
The outbreak, supported by more than 125 million tokens traded, set a new top near $ 0.222, which later converted to fresh support around $ 0.22 level. The last hour of trade saw another wave with a high-volume shubbing from $ 0.220 to $ 0.222, which emphasized the Bullish Momentum.
The winnings come in the midst of renewed institutional enthusiasm, with HBAR climbing approx. 4% over the last 24 hours. Hedera’s positioning has been reinforced by high -profile partnerships, including working with Swift, Citi and Germany’s Bundesbank on interoperability framework. In the United States, Wyoming’s decision to utilize HBAR for his Frontier StableCOin initiative has further strengthened credibility and place the network at the head of the adoption of state level.
Technically, Cryptocurrency is facing a well -defined interval with support established at $ 0.21 and resistance cost to $ 0.23. Momentumoscillators recently cooled from oversold territory suggest that consolidation could give way to continued pressure upwards.
Trade activity in the latest session showed strong volume confirmation of key support and resistance zones, which signaled that market participants are prepared to defend the current Uptrend.
Technical indicators signalize sustained strength
- Support level consolidated to $ 0.209 with significant volume confirmation of 102.98 million during the 17:00 session.
- Crucial penetration over $ 0.221 Resistance at. 08:00 with unique volume of 125.71 million units.
- Upward course suggests lasting purchase pressure and potential continuation of $ 0.223 Fibonacci expansion level.
- Volume acceleration over the 60-minute period of explosive volume of 3.19 million at Bakken 14:04.
- Sustainable purchase pressure and volume confirmation exceeding 2.25 million during 14: 05-14: 06 period validates Bullish continuation.
- Potential for further progress towards $ 0.225 Fibonacci expansion levels based on current momentum characteristics.
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