HBAR Strengthens on High Volume, Challenges $0.217 Barrier

HBAR Gains 2.37%, Testing $0.217 Resistance Amid Strong Volume

Hedera’s HBAR climbed 2.37% over the past 24 hours, driven by heightened trading activity despite broader market uncertainty.

The token moved within a $0.2104–$0.2172 range, surging late on Sept. 28 from $0.2139 to $0.2168 on nearly double the average daily volume. This established resistance near $0.2172, with total volume hitting 59.92 million tokens.

Following the spike, HBAR consolidated between $0.2144 and $0.2168, finding support at $0.2131 before rebounding to $0.2160. A late-session uptick lifted prices further from $0.2132 to $0.2164, signaling steady buying momentum.

Technical Indicators
HBAR’s 24-hour performance reflects sustained bullish pressure, with notable volume surges at 22:00 and 13:00 UTC reinforcing the uptrend. The token’s price range of 2.78% underscores continued market participation despite intermittent consolidation.

Investors remain attracted to Hedera as a blockchain infrastructure play, seeking potential hedges amid traditional market volatility.