HBAR rises previous major resistance after explosion decline

HBAR (Hedera Hashgraph) experienced pronounced volatility at the last time of trading on October 13, emerging from $ 0.187 to a peak of $ 0.191 – a 2.14% intraday gain – before the integration – with around $ 0.190.
The move is driven by a dramatic advances in trading activity, with a standout of 15.65 million tokens exchanged at 13:31, which signed the institution’s strong participation. The decisive volume of this breakout has pushed the owner beyond the earlier resistance of $ 0.190- $ 0.191, which established a new technical walk in the middle of momentum.
The outflow was trapped by a wider 23-hour rally from October 12 to 13, where the HBAR advanced to about 9% within a $ 0.17- $ 0.19 bandwidth. The sustainable uphill trajectory is characterized by the same amount of flow and a firm recovery from the previous lows near $ 0.17, emphasizing a steady belief in the market. The ability of the owner to maintain support above $ 0.18 throughout the time fortified confidence among entrepreneurs looking at the ongoing bullish action.
Strong institutional contact is evident as consecutive high-volume intervals expanded through the breakout window, suggesting updated accumulation and positioning for potential continuity. The HBAR price structure now shows elastic support around $ 0.189- $ 0.190, which signed the possibility of further reversal if the momentum continues and greater market conditions will remain desirable.

Technical indicators feature bullish feelings
- HBAR operates for a $ 0.017 bandwidth (9%) covering $ 0.174 and $ 0.191 throughout the past 23-hour period from 12 October 15:00 to 13 October 14:00.
- Excellent volume of up to 179.54 million and 182.77 million within 11:00 and 13:00 sessions on October 13 have proven positive market sentiment.
- Critical resistance is material at $ 0.190- $ 0.191 thresholds where price movements encounter ongoing sale activity.
- The $ 0.183- $ 0.184 territory was established reliable support by bounces supported by volume.
- Exceptional explosion of volume at 13:31 registration of 15.65 million units signed decisive breakout event.
- High-volume intervals of more than 10 million units by 13:35 significantly significant institutional interactions.
- Asset support of more than $ 0.189 despite moderate income acquisition activity.
Denial: Parts of this article were formed with assistance from AI tools and our editorial team reviewed to ensure accuracy and compliance with our standards. For more information, see CoinDesk’s entire AI policy.