HBAR Rises Past Key Resistance After Explosive Decline

HBAR (Hedera Hashgraph) experienced pronounced volatility successful the last hr of trading connected Oct. 13, soaring from $0.187 to a highest of $0.191—a 2.14% intraday gain—before consolidating astir $0.190.

The determination was driven by a melodramatic surge successful trading activity, with a standout 15.65 cardinal tokens exchanged astatine 13:31, signaling beardown organization participation. This decisive measurement breakout propelled the plus beyond its anterior absorption scope of $0.190–$0.191, establishing a caller method footing amid bullish momentum.

The surge capped a broader 23-hour rally from Oct. 12 to 13, during which HBAR precocious astir 9% wrong a $0.17–$0.19 bandwidth. This sustained upward trajectory was characterized by accordant measurement inflows and a steadfast betterment from earlier lows adjacent $0.17, underscoring robust marketplace conviction. The asset’s quality to sphere enactment supra $0.18 passim the play reinforced assurance among traders eyeing continued bullish action.

Strong organization engagement was evident arsenic consecutive high-volume intervals extended done the breakout window, suggesting renewed accumulation and positioning for imaginable continuation. HBAR’s terms operation present shows resilient enactment astir $0.189–$0.190, signaling the anticipation of further upside if momentum persists and broader marketplace conditions stay favorable.

Technical Indicators Highlight Bullish Sentiment

• HBAR operated wrong a $0.017 bandwidth (9%) spanning $0.174 and $0.191 passim the erstwhile 23-hour play from 12 October 15:00 to 13 October 14:00.
• Substantial measurement surges reaching 179.54 cardinal and 182.77 cardinal during 11:00 and 13:00 sessions connected 13 October validated affirmative marketplace sentiment.
• Critical absorption materialized astatine $0.190-$0.191 thresholds wherever terms movements encountered persistent selling activity.
• The $0.183-$0.184 territory established dependable enactment done volume-supported bounces.
• Extraordinary measurement detonation astatine 13:31 registering 15.65 cardinal units signaled decisive breakout event.
• High-volume intervals surpassing 10 cardinal units done 13:35 substantiated important organization engagement.
• Asset preserved enactment supra $0.189 contempt mean profit-taking activity.

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