HBAR climbed in strong volume, testing resistance near $ 0.217

HBAR has shown noticeable resilience in the past 24-hour trade window, oscillating within a narrow range of $ 0.2104 to $ 0.2172. The most significant movement appeared late in Sept. This sharp increase has established a clear resistance near $ 0.2172 as a trading activity that has emerged at 59.92 million tokens, emphasizing increased market participation.
Following this uprising, the HBAR entered a phase of integration -together, stabilizing between $ 0.2144 and $ 0.2168 before retreating to $ 0.2131 at noon Sept. 29. The asset found reliable support at that level, subsequently rebounding to $ 0.2160, featuring stable demand. The activity of the late session saw another explosion of bullish, with prices rising from $ 0.2132 to $ 0.2164 in an hour, supported by a strong flow volume reinforced by momentum.
The rally came against a rear of increased uncertainty in the market, where digital assets such as HBAR attract institutional attention. Investors are constantly ongoing to blockchain infrastructure projects, such as the heldra, as potential hedges amid volatility in the traditional financial market.

Technical indicators emphasize bullish momentum properties
- HBAR has shown a huge bullish momentum throughout the previous 24 hours from 28 September 15:00 to 29 September 14:00, advancing from $ 0.21 to $ 0.22 representing a 2.37% appreciation.
- The overall incidence of trade covers $ 0.01 (2.78%) between a completely minimum of $ 0.21 and a maximum of $ 0.22.
- The remarkable volumes during the critical period of the collapse at 22:00 and 13:00 hours adopted a long upward trajectory despite the periodic stages of integration.
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.