Hedera’s native token HBAR rose 7% over the past 24 hours, climbing from $0.24 to $0.25 amid elevated trading activity. Early-session accumulation around $0.23 provided a solid base, propelling the token through multiple resistance levels.
Momentum peaked between 07:00 and 09:00, with volumes reaching 119 million tokens — nearly double the daily average — highlighting increased institutional participation.
HBAR tested resistance near $0.25 late in the session, encountering some selling pressure but holding support at the same level. Consistent higher lows and sustained buy-side pressure indicate resilience and set the stage for further gains above $0.25.
Technical Overview:
- Price Range: $0.24 → $0.25, 7% volatility.
- Volume: Spikes above 2.5 million tokens during key breakouts.
- Trend: Ascending channel established with multiple successful breakout attempts, confirming bullish momentum.
HBAR’s strong volume-driven rally and consolidation near resistance suggest continued upside potential.
