Hederea (HBAR) made measured gains during Tuesday’s trading session, climbing 1.8% from $0.1348 to $0.1372 in the 24-hour period ending December 10 at 2:00 p.m. GMT.
The cryptocurrency has now established a clear uptrend with higher lows at $0.1360 and $0.1370. Trading remains contained within a range of $0.0067, representing 4.7% volatility.
The price action is occurring alongside renewed market chatter about Hedera’s expanding government partnerships, particularly the Georgia Ministry of Justice’s memorandum to migrate its national real estate registry to the Hedera network.
The development of the property registry in Georgia follows the announcement of the tokenization of the Dubai Land Registry for 2025, strengthening Hedera’s positioning in the real-world asset tokenization sector.
Technical structure suggests institutional accumulation near session highs, with tight consolidation between $0.1371 and $0.1372 indicating measured distribution rather than speculative momentum.
This trend often precedes either continuing upward movements or temporary consolidation phases as institutional flows stabilize.
Framework for consolidating signals from key technical levels for HBAR
Support/Resistance: Immediate support stands at $0.1371 with psychological support at $0.1360; resistance is confirmed at $0.1374 following a recent test.
Volume analysis: The maximum institutional flow at 196.16 million tokens confirms the validity of the breakout; The current below-average volume suggests a consolidation phase.
Chart templates: The ascending trend structure remains intact with a pattern of higher lows; narrow range trading indicates institutional accumulation.
Targets and risk/reward: A break above $0.1374 targets the previous session high at $0.1430; downside risk contained by the $0.1360 support zone.
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