Hbar saw a strong sales pressure during the last session, falling from $ 0.241 to $ 0.238 between 13:25 and 14:24 on August 19. An early peak at $ 0.243 was quickly reversed as a large sale promoted token through key support levels. An increase in volume of 5.38 million at 13:32 confirmed the breakdown, before the commercial activity was dried in the final minutes and Hbar closed near the minimums of the session.
Throughout the 24 -hour period, from August 18 at 3:00 p.m. to August 19 at 2:00 p.m., the Token decreased 2.46%, falling from $ 0.244 to $ 0.238. The trade was volatile, with a Hbar that varied between $ 0.249 and $ 0.237 in volume greater than 87 million.
The broader market conditions added pressure, since the price index of the American producer increased to 3.3%, above the forecasts of the Federal Reserve, feeding inflation concerns and contributing to $ 460 million in liquidations in digital assets.
Despite turbulence, analysts highlight Hbar’s business degree infrastructure and corporate associations as a basis for long -term adoption, even when short -term feeling remains fragile.
Corporate Technical Analysis Framework
- Hbar exhibited a sale of sale pronounced during the last 24 -hour period from August 18 at 3:00 p.m. to August 19 at 14:00, decreasing from $ 0.24 to $ 0.24, which represents a 2.46% decrease with a general negotiation range of $ 0.01 (4.81%).
- The digital asset reached its intradic peak at $ 0.25 during August 18 before finding substantial resistance and initiating a sustained decrease that persisted through the Asian negotiation session.
- Critical support at $ 0.24 was raped decisively during early morning negotiation hours on August 19, with a high volume sales pressure confirming the breakdown.
- The fact of not claiming this support level despite the multiple recovery attempts suggests greater low potential towards the $ 0.24 support zone.
- The Hbar sales trajectory intensified during the last 60 minutes from August 19 at 13:25 to 14:24, decreasing from $ 0.24 to $ 0.24 with extreme volatility characterized by a dramatic increase to $ 0.24 at 1:30 p.m.
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