Hbar posted notable resilience in the last negotiation window 24 hours a day, oscillating in a narrow range of $ 0.2104 to $ 0.2172. The most significant movement emerged at the end of September 28, when the token went from $ 0.2139 to $ 0.2168 on volume almost double the daily average. This strong increase established clear resistance almost $ 0.2172 while commercial activity increased to 59.92 million tokens, highlighting increased participation in the market.
After this recovery, Hbar entered a consolidation phase, stabilizing between $ 0.2144 and $ 0.2168 before retiring at $ 0.2131 by September 29. The activity at the end of the session experienced another upward burst, with prices from $ 0.2132 to $ 0.2164 in an hour, supported by solid volume flows that strengthened the momentum.
The rally is in a context of increased uncertainty of the market, where digital assets like Hbar have attracted institutional attention. Investors continue to gravitate to blockchain infrastructure projects, such as Hedera, such as potential covers in the midst of traditional financial market volatility.
The technical indicators highlight the characteristics of the optimistic momentum
- Hbar showed considerable bullish impulse throughout the previous period from 24 hours of September 28 3 p.m. to September 29, 2:00 p.m., from $ 0.21 to $ 0.22 representing an assessment of 2.37%.
- The overall negotiation range included $ 0.01 (2.78%) between the absolute minimum of $ 0.21 and a maximum of $ 0.22.
- Notable volume increases during periods of critical breakthrough at 10 p.m. and 1:00 p.m. have strengthened the upward ascending trajectory despite the periodic consolidation phases.
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