HBAR exchanged with a narrow but active 4% range from August 20-21, up $ 0.24 the night before corrected $ 0.23 in advance the next day. At the end of the session, the token re-earned $ 0.24, reinforcing the $ 0.23- $ 0.24 band as a support zone and accumulation.
The rebound came as a broader macro conditions in favor of digital assets. The Federal Reserve maintains rates below 2%, with markets that further prote cuts that can provide short -term momentum for crypto.
Institutional developments also strengthen emotion. The Global Payment Network Swift has launched live blockchain tests featuring the hell, while asset manager Grayscale has filed a confidence in Delaware for HBAR – a step that some viewed as a basis for a future ETF.
Together, these factors feature institutional interest in the infrastructure of the enterprise blockchain. Like central banks and financial institutions that will accelerate the test of tokenized regimen systems, Hedera’s positioning within a global payment is drawing attention. HBAR’s latest recovery can signal beyond the volatility of Intraday – it reflects the growing trust in Hedera’s role in digital finances.
Technical indicators
- The price showed the explosion of volatility within the 60-minute period from 21 August 13:22 to 14:21, which fell from $ 0.24 to the peak of $ 0.24 representing 1% success.
- The final 15 minutes showed an uninterrupted bullish momentum as the price fell from $ 0.24 to close to $ 0.24 amidst critical volume spikes.
- The session showed the development of classic support around $ 0.24 level with many successful retests.
- Resistance to $ 0.24 is certainly tested on stage closure, suggesting strong institutional accumulation.
- Trade volumes exceed 2.8 million in breakout periods indicating significant interest in the market.
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