Hedera’s native token, HBAR, rose 3% in the past 24 hours, advancing from $0.22 to $0.23 and breaking key resistance levels on strong trading activity. The token rebounded from lows near $0.21, trading within a 5.47% intraday volatility range.
Peak trading volume surpassed 70 million, while total daily volume reached nearly 55 million—well above the 39.85 million average—highlighting strong market participation and bullish sentiment. The rally was further supported by growing investor interest in alternative assets amid the ongoing U.S. government shutdown.
In the final trading hour, HBAR added 0.46% to close near $0.23, even as traditional equity markets faced pressure.
Technical Highlights:
- Support established at $0.21
- Resistance levels breached at $0.22 and $0.23
- Breakout volume exceeded 43 million
- Final consolidation near $0.23 with tapering volume
- Session high maintained at $0.23
HBAR’s price action signals continued bullish momentum and potential for further upside.
