Hedera’s native Token Hbar released modest winnings during the 11th to 12th September trade window and climbed from $ 0.237 to as high as $ 0.245 before closing at $ 0.240. The move reflected an increase in institutional participation with market activity closely linked to fresh developments around potential exchange -traded products.
Corporate Momentum built after gray scalinarvests revealed plans for a potential HBAR confidence and Depository Trust and Clearing Corporation (DTCC) Added a Canary HBBAR ETF archiving to its regulatory database. The list under the proposed Ticker HBR accompanied similar submissions to Solana and XRP that emphasized the growing Wall Street appetite on digital assets beyond Bitcoin.
Dealers responded sharply to the news. Technical resistance to $ 0.245 triggered profits, while $ 0.240 emerged as an important institutional support level, reinforced by the Sens session tip that topped 17 million tokens. Analysts say speculation could create a test of the psychological threshold of $ 0.25 if momentum continues.
Still, the industry’s observers warn that DTCC indications only represent preliminary steps, not SEC approval. Supervisory authorities continue to focus on tackling market manipulation risks and investor protection standards for non-bitcoin crypto assets, leaving the timeline of any HBAR-based ETF uncertain. Currently, the archives have placed Hedera on Wall Street’s Radar, which drives institutional attention even in the midst of regulatory fog.
Market data reveals institutional trading patterns
- Intraday -handel established a $ 0.012 interval representing 4.24% volatility between the session’s high at $ 0.2456 and low at $ 0.2335.
- Primary upward momentum occurred over 21: 00-05: 00 trade window, as HBAR advanced from $ 0.235 to top levels near $ 0.245.
- Volume activity was an average of 54.7 million in the most important breakout periods, exceeding the 24-hour average of 50.1 million and indicated institutional participation.
- The price level of $ 0.240 demonstrated strong institutional support with defensive trading in high volume throughout the session.
- Sales of pressure intensified near $ 0.245 on elevated volume, suggesting coordinated profit-taking of institutional holders.
- Late-session Volume wave of 17.08 million at. 11:32 Systematic sales and price consolidation triggered support levels.
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