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HBAR promotes 3% at a steady recovery rally in the midst of volatility in the market


HBAR showed the well -known bullish momentum the previous day, rising from $ 0.22 to $ 0.23 between October 5 and October 6 in the middle of a 5.47% of the intraday’s volatility range.

The token bounced from lows close to $ 0.21 to post a higher high of $ 0.23, driven by strong purchase activity that pushed the trading volume of 70 million during the peak.

Cryptocurrency has risen about 3% within a 24-hour window, expanding the gains as the US government closes investors’ demand for alternative properties.

The trading volume has risen to about 55 million, over 39.85 million daily average, sign of renewed market participation and optimism around the short-term HBAR trajectory.

The further reversed momentum was recorded at the final time of the session, with a 0.46% that gained HBAR lift to $ 0.23 even though traditional equity markets were subjected to pressure from ongoing trade disputes.

HBAR/USD (TradingView)

HBAR/USD (TradingView)

Technical signal indicators maintain strength
  • HBAR has established effective support of $ 0.21 during October 5 hours of night with significant volume confirmation.
  • The 54.99 million trading activity exceeds the 24 -hour average of 39.85 million throughout the recovery.
  • Cryptocurrency has shown long -term momentum through several resistance violations, especially exceeding $ 0.22 and $ 0.22 thresholds.
  • Stable volume participation exceeds 43 million during a pivotal breakout session.
  • The diminished volume of the final time 5.56 million suggests integration -included in $ 0.23 apex.
  • Two unique phases introduced at the end of the time: Initial integration -including around $ 0.23 support that succeeded through the decisive breakout surge that began at 13:37.
  • Spiked volume to 2.87 million during breakout, propelling prices by multiple resistance levels including $ 0.23 and $ 0.23.
  • HBAR achieved its Zenith session of $ 0.23 with a prolonged volume above 1.75 million during 13: 57-14: 06 window.

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.



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