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 slim 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 sturdy assist on the $0.217129 degree, 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 section of buying and selling.
The ultimate hour of the session added one other layer of optimism. HBAR posted a modest 0.06% acquire 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 slim 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 assist at $0.2221, whereas $0.2230 capped quick upside efforts. Regardless of the constrained vary, sustained demand instructed accumulation relatively than exhaustion.
Total, the late-session efficiency prolonged HBAR’s broader 23-hour restoration development. Bulls maintained management, with agency assist 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, preserving market contributors on look ahead to a possible breakout above short-term resistance.
Disclaimer: Components of this text have been generated with the help from AI instruments and reviewed by our editorial crew to make sure accuracy and adherence to our requirements. For extra info, see CoinDesk’s full AI Coverage.