HBAR Climbs on Strong Volume, Testing Resistance Near $0.217
HBAR Price Movements:
- Traded within a range of $0.2104 to $0.2172 over the past 24 hours.
- Experienced a surge from $0.2139 to $0.2168 on high volume late on Sept. 28, establishing resistance at $0.2172 with 59.92 million tokens traded.
- Entered consolidation, stabilizing between $0.2144 and $0.2168 before retreating to $0.2131 by midday Sept. 29.
- Rebounded to $0.2160, indicating steady demand; another increase from $0.2132 to $0.2164 occurred later in the session.
Market Context:
- Amid market uncertainty, digital assets like HBAR are gaining institutional attention as potential hedges against traditional market volatility.
Technical Indicators:
- HBAR showed bullish momentum, increasing 2.37% from $0.21 to $0.22 within 24 hours.
- The trading range was 2.78%, between $0.21 and $0.22.
- Volume surges at key times helped sustain upward movement despite consolidation.