HBAR Dips to $0.217 Before Rebounding on Institutional Buying
24 September 2025
Hedera’s HBAR experienced a volatile session, ultimately posting modest gains as institutional investors accumulated at key support levels.
Over a 23-hour window from September 23–24, HBAR traded between $0.217 and $0.225, finishing the session up 0.9% despite wide intraday swings. A steep drop to $0.217 at 04:00 on September 24 marked critical support, followed by a strong rebound, while $0.225 remained firm resistance.
Volume data points to institutional buying during the dip, with turnover spiking to 97.05 million at 04:00—well above the 37.89 million average. Later, HBAR slipped from $0.224 to $0.223 in the final hour on volume nearly three times the norm, reflecting distribution pressure.
The session coincided with a key development: Canary Capital filed for a spot HBAR ETF with a 1.95% expense ratio. Analysts say the filing highlights growing institutional recognition of Hedera’s hashgraph technology and could underpin long-term growth, with price targets of $0.50 by 2025–2026 and $1.60 or higher by 2030.
Near-term performance hinges on whether support at $0.217–$0.218 holds and if institutional demand continues to offset selling pressure around $0.225.
Technical Highlights:
- Support established at $0.217–$0.218
- Resistance remains firm near $0.225
- Volume spike to 97.05 million confirms institutional accumulation
- $0.007 trading range reflects 3.22% intraday volatility
- Final hour volume tripled to 1.79 million, signaling distribution pressure
