HBAR has posted significant volatility within the 24-hour end of October 14, swinging almost 9% while entrepreneurs navigate sharp market fluctuations.
The token faded from $ 0.19 to a low close to $ 0.18 before mounted by a late recovery that raised prices back to the $ 0.18 zone. The most decisive return occurred at the last time of the trading, where HBAR rallied 1% from support, strengthened by a climbing volume that led to 6.3 million trading.
The sharp raids on the activity between 13:37 UTC and 13:46 UTC suggested strong accumulation as investors entered discount levels. The chart data indicated a clear formation of the double bottom within a range of $ 0.18-a technical signal often associated with bullish reverses.
Breakout that adheres to pierced levels of short-term resistance, indicating the updated momentum and potential continuity towards higher price targets.
Despite the broader disturbance in the market driven by ongoing geopolitical and trade tensions, HBAR has shown stability.
Rebound emphasizes institutional interest in blockchain assets, although traditional markets are experiencing increased volatility. By buying the pressure of strengthening and technical indicators that glisten recovery signals, the recent HBAR price action suggests that the token can be positioning for further close acquisitions.
Technical indicators feature dynamic market
- HBAR has formed the resistance near $ 0.20- $ 0.20 level before moving to long collapse.
- High volume of 174.69 million during the 6:00 hour period on October 14 to validate the bearish momentum.
- Doublem formation appeared around $ 0.18- $ 0.18 support levels.
- Surge volume exceeds 6.30 million during 13: 37-13: 46 sign of interest signing.
- The overall range of $ 0.02 represents a large 9% swing -highlight of higher volatility.
- The critical support established in the $ 0.18- $ 0.18 range that determines the near-term bias direction.
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.
