HBAR (Hedera HashGraph) experienced a pronounced volatility in the last trade of October 13, shooting from $ 0.187 to a highlight of $ 0.191 – a 2.14% intradag -gain – before consolidating about $ 0.190.
The move was driven by a dramatic increase in trade activity with a prominent 15.65 million tokens exchanged at 1 p.m. 13:31, which signaled strong institutional participation. This decisive volume interruption propelled the asset beyond its prior resistance range of $ 0.190- $ 0.191, establishing a new technical footman in the middle of Bullish Momentum.
The wave closed a wider 23-hour rally from 12 to 13 October, with Har advanced approx. 9% within a bandwidth of $ 0.19- $ 0.19. This sustained track upwards was characterized by consistent volume current and a fixed improvement from previous low level near $ 0.17, emphasizing robust market overtime. The act’s ability to maintain support over $ 0.18 throughout the period reinforced confidence among the traders who see continued bullish action.
Strong institutional commitment was evident as consecutive intervals with high volume are expanded through the breakout window, which suggested renewed accumulation and positioning for potential continuation. HBAR’s pricing structure now shows resilient support around $ 0.189- $ 0.190, signaling the possibility of additional upside whose momentum persists and wider market conditions remain favorable.
Technical indicators highlight Bullish mood
- HBAR operated within a $ 0.017 bandwidth (9%) spanning $ 0.174 and $ 0.191 throughout the previous 23-hour period from October 12, 15:00 to 13 October 14:00.
- Significant volume waves reaching 179.54 million and 182.77 million during 11:00 and 13:00 sessions on October 13 validated positive market atmosphere.
- Critical resistance is materialized to $ 0.190- $ 0.191 thresholds where price movements encountered sustained sales activity.
- $ 0.183- $ 0.184 territory established reliable support through volume-supported jumps.
- Extraordinary volume explosion at. 13:31 Registration of 15.65 million units signaled crucial breakout event.
- High -volume intervals that surpass 10 million units through 13:35 substantiated significant institutional commitment.
- Asset retained support over $ 0.189 despite moderate profit activity.
Disclaimer: Parts of this article were generated with the help of AI tools and reviewed by our editorial team to ensure accuracy and compliance with Our standards. For more information, see Coindesk’s full AI policy.
