Hbar registered a strong gain of 7% in the last 24 hours, rising from $ 0.24 to $ 0.25 as negotiation volumes increased well above the daily average. The movement was supported by great accumulation at the beginning of the session, where Hbar established a firm base of around $ 0.23 before constantly advancing towards the key levels of resistance.
The impulse accelerated during the morning window between 07:00 and 09:00, with volumes reaching its maximum point at 119 million tokens, almost twice the average of 24 hours of 67.5 million. This rupture through multiple resistance areas suggested greater institutional activity and reinforced the upward case for greater price discovery.
Hbar finally tested resistance about $ 0.25 in late trade, where the sale pressure began to weigh. Despite this, the Token maintained support for the same level during the last hour of the session, pointing out the resilience and sustained interest of investors. With high volumes and constant pressure on the purchase side, Hbar seems positioned to continue upwards.
Technical Indicators Sustained Force Signal
- Hbar exhibited a robust bullish impulse during the 23 hours from September 17 from 5:00 p.m. September 16:00, moving from $ 0.24 to $ 0.25 with a general range of $ 0.02 that represents 7% volatility.
- The cryptocurrency presented a remarkable increase at 08:00 achieving a peak of $ 0.25 before consolidating around the resistance threshold of $ 0.25.
- Hbar maintained its solid bullish impulse during the last 60 minutes of September 18 from 15:05 to 16:04, establishing an ascending channel defined between $ 0.25 and resistance of $ 0.25 with multiple successful attempts.
- The cryptocurrency demonstrated an institutional purchase interest pronounced with significant volume peaks exceeding 2.50 million during critical resistance violations at 15:33 and 15:54.
- Hbar retained higher minimums consisting during the session, confirming the continuation of the established bullish trend and the HBAR positioning favorably for higher profits beyond the resistance level of $ 0.25.
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