HBAR saw Sharp selling pressure at the latest session, slipping from $ 0.241 to $ 0.238 between 13:25 and 14:24 on August 19. An early spike at $ 0.243 quickly returned as heavy sales pushed the token through key support levels. A 5.38 million volume of climbing at 13:32 confirmed the destruction, before the trading activity was dry at the last minute and closed HBAR near the session lows.
Throughout the 24 -hour period from August 18 to 15:00 to August 19 and 14:00, the token refused 2.46%, falling from $ 0.244 to $ 0.238. Trading is a change of mind, with an HBAR of between $ 0.249 and $ 0.237 in a volume of over 87 million.
Broader market conditions increase pressure, as the US manufacturer’s price index increases to 3.3%, above Federal Reserve forecasts, concerning inflation concerns and contributing to $ 460 million in prevention of digital properties.
Despite the disturbance, analysts feature HBAR’s grade-grade infrastructure and corporate partnerships as a foundation for long-term adoption, even though close sentiment remains fragile.
Framework of corporate technical analysis
- HBAR showed the pronounced sale of momentum in the last 24 hours period from August 18 to 15:00 to August 19 at 14:00, decreasing from $ 0.24 to $ 0.24, representing a 2.46% decrease with a general trade range of $ 0.01 (4.81%).
- The Digital Asset reached its intraday peak at $ 0.25 during August 18 night trading before finding a huge resistance and start of a continuing refusal that continued through the Asian trading session.
- Critical support of $ 0.24 was certainly damaged during early morning trading hours on August 19, with a high volume of pressure seller confirming the destruction.
- Failure to recover this support level despite several recovery attempts suggests further potential potential towards $ 0.24 zone support.
- The sale of the HBAR trajectory intensified in the last 60 minutes from August 19 and 13:25 to 14:24, lowering from $ 0.24 to $ 0.24 with intense volatility characterized by a dramatic spike at $ 0.24 at 13:30.
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