HBAR released a significant volatility during the 24-hour period ending on October 14, swinging almost 9%when dealers navigated sharp market fluctuations.
The token dipped from $ 0.19 to a low near $ 0.18 before mounting a late recovery that raised prices back to the $ 0.18 zone. The most crucial reversal took place in the last trade hour, when HBAR summoned 1% from support, bent by an increase in volume that topped 6.3 million trades.
The sharp Uptick in activity between 13:37 UTC and 13:46 UTC suggested strong accumulation when investors entered reduced levels. Map data indicated a clear double-bottom formation within the $ 0.18 series-a technical signal often associated with bullish reversing.
The outbreak, which followed pierced short -term resistance levels, suggested by renewed momentum and potential continuation of higher price targets.
Despite the wider market turbulence powered by ongoing geopolitical and merchant stresses, HBAR demonstrated resilience.
Rebound emphasizes sustained institutional interest in blockchain assets, even when traditional markets experience increased volatility. With the purchase of pressure intensification and technical indicators that flash recovery signals, HBAR’s recent price action suggests that the token may be placing for further gains in the short term.
Technical indicators highlight the market dynamics
- HBAR formed resistance near $ 0.20- $ 0.20 levels before surpassing sustained downward downtend.
- High volume of 174.69 million within 06:00 hour on October 14, Bearish Momentum validated.
- Double-Bottom formation emerged around $ 0.18- $ 0.18 support levels.
- Volume rise exceeded 6.30 million over 13: 37-13: 46 period signaling of purchase interest.
- The total range of $ 0.02 represents a significant 9% turn that highlights increased volatility.
- Critical support established at $ 0.18- $ 0.18 range that determines directional bias in the short term.
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