Hbar throws 6%before sharp recovery signals buy option

Hedera’s Hbar -Token so sharp swings in the past trade session, with award that reflects both strong sales pressure and signs of institutional support. During the 23-hour window from August 25 at 1 p.m. 11am to 26 August at. 10am traded HBAR in a $ 0.014 interval between $ 0.242 and $ 0.228, corresponding to a 5.83% intraday. The most notable volatility came in 19: 00-20: 00 hour on August 25, when the token fell from $ 0.237 to $ 0.228 in a steep sale.

However, this decrease coincided with an increase in volume to 169.5 million tokens, suggesting that large buyers entered the $ 0.228 level. The sudden influx of demand stabilized prices and sets the stage for a rebound, with Hbar, withdrawn against $ 0.237 at the end of the session. Market observers point to this dynamic as an example of capitulation -driven sales of creating opportunities for accumulation.

At the last hour of trade on August 26, Momentum was modestly tilted back in favor of bulls. HBAR rose 0.11% from $ 0.237359 to $ 0.237396 despite the intraday dips as low as $ 0.236270. Price resilience over $ 0.236300 highlighted a growing support zone where buying activity consistently absorbed pressure downwards.

Consolidation between $ 0.236300 and $ 0.238270 established a clear short -term interval. With institutional currents that appear to reinforce the lower border, analysts suggest that the market may be preparing for the next crucial feature. Whether the HBAR can break beyond resistance at $ 0.238270 could determine if this rebound is developing into a wider uptrend.

HBAR/USD (TradingView)

Technical indicator analysis

  • Volume Spike to 169.5 million During August 25, 19: 00-20: 00 Correction confirmed robust support formation to $ 0.228 Price level
  • Swift Price Recovery from $ 0.228 to $ 0.237 Validers institutional accumulation activity and underlying market strength
  • Range-bound trade between $ 0.236300- $ 0.238270 indicates accumulation phase prior to potentially up-breakout
  • Repeat Support Validation to $ 0.236300 Zone amplifies strong institutional purchase oversight to these price levels
  • Resistance meeting to $ 0.238270 establishes clear parameters for expectations of almost term price

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.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top