HBAR noticed a unstable 23-hour stretch between Sept. 22 at 15:00 and Sept. 23 at 14:00, with the token buying and selling in a slender band between $0.217129 and $0.225507. The session opened with a pointy selloff that dragged costs to $0.217408 earlier than heavy shopping for exercise restored momentum.
That rebound was bolstered by robust help on the $0.217129 stage, as buying and selling quantity surged. Bulls then pushed costs to a peak simply shy of $0.225507, although resistance emerged close to $0.224358, capping additional upside. By session’s finish, HBAR closed at $0.222759, marking a 2.5% restoration from intraday lows and establishing a place above the vary midpoint, signaling a bullish bias heading into the following part of buying and selling.
The ultimate hour of the session added one other layer of optimism. HBAR posted a modest 0.06% achieve within the tightly concentrated 60-minute window ending Sept. 23 at 14:08, buying and selling inside a constricted 0.40% vary between $0.2221 and $0.2230. That slender band mirrored consolidation but in addition demonstrated underlying power, as costs remained persistently above session midpoint ranges.
Throughout this hour, quantity spikes highlighted the depth of market exercise. A breakout at 13:27 drove turnover to 881,924 tokens, adopted by an distinctive surge to 1.58 million tokens simply earlier than 14:00. These bursts of participation helped reinforce help at $0.2221, whereas $0.2230 capped fast upside efforts. Regardless of the constrained vary, sustained demand steered accumulation quite than exhaustion.
Total, the late-session efficiency prolonged HBAR’s broader 23-hour restoration pattern. Bulls maintained management, with agency help ranges intact and costs closing close to the higher finish of the vary. The regular bid tone signifies continued bullish momentum heading into the following session, retaining market individuals on look ahead to a possible breakout above short-term resistance.
Disclaimer: Elements of this text had been generated with the help from AI instruments and reviewed by our editorial workforce to make sure accuracy and adherence to our requirements. For extra info, see CoinDesk’s full AI Coverage.
