HBAR released a strong 7% gain over the last 24 hours and climbed from $ 0.24 to $ 0.25 as the trading volumes rose well above the daily average. The move was supported by heavy accumulation early in the session, where HBAR established a fixed base around $ 0.23 before moving on steadily towards key resistance levels.
Momentum accelerated during the morning window between 07:00 and 09:00, with quantities peaking with 119 million tokens, which is traded-at-twice the 24-hour average of 67.5 million. This breakout through several resistance zones suggested increased institutional activity and reinforced the bullish case for further price discovery.
HBAR ultimately tested resistance near $ 0.25 in late trade where sales pressure began to weigh. Despite this, Tokenet maintained support at the same level during the last hour of the session signaling resilience and sustained investor interest. With elevated volumes and consistent purchase of the purchase side, HBAR is placed for continued upside.
Technical indicators signalize sustained strength
- HBAR showed Robust Bullish Momentum through the 23-hour period from September 17, 17:00 to 18 September 16:00, which went from $ 0.24 to $ 0.25 at a total range of $ 0.02 representing 7% volatility.
- Cryptocurrency contained a remarkable increase at 1 p.m. 08:00, which achieved a top of $ 0.25 before consolidating about $ 0.25 resistance threshold.
- HBAR maintained its robust Bullish Momentum over the last 60 minutes from September 18, 15:05 to 16:04, establishing a defined rising channel between $ 0.25 support and $ 0.25 resistance with multiple successful breakout attempts.
- Cryptocurrency demonstrated pronounced institutional purchase interest with significant volume tips exceeding 2.50 million during critical resistance fractures of 15:33 and 15:54.
- HBAR preserved uniform higher low low levels throughout the session, confirming the continuation of the established increase and placement of HBAR positively for further gains beyond $ 0.25 resistance level.
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