HBAR (Hedera Hashgraph) skilled pronounced volatility within the ultimate hour of buying and selling on Oct. 13, hovering from $0.187 to a peak of $0.191—a 2.14% intraday achieve—earlier than consolidating round $0.190.

The transfer was pushed by a dramatic surge in buying and selling exercise, with a standout 15.65 million tokens exchanged at 13:31, signaling robust institutional participation. This decisive quantity breakout propelled the asset past its prior resistance vary of $0.190–$0.191, establishing a brand new technical footing amid bullish momentum.

The surge capped a broader 23-hour rally from Oct. 12 to 13, throughout which HBAR superior roughly 9% inside a $0.17–$0.19 bandwidth. This sustained upward trajectory was characterised by constant quantity inflows and a agency restoration from earlier lows close to $0.17, underscoring strong market conviction. The asset’s means to protect assist above $0.18 all through the interval bolstered confidence amongst merchants eyeing continued bullish motion.

Sturdy institutional engagement was evident as consecutive high-volume intervals prolonged by way of the breakout window, suggesting renewed accumulation and positioning for potential continuation. HBAR’s worth construction now exhibits resilient assist round $0.189–$0.190, signaling the potential of additional upside if momentum persists and broader market situations stay favorable.

Technical Indicators Spotlight Bullish Sentiment

• HBAR operated inside a $0.017 bandwidth (9%) spanning $0.174 and $0.191 all through the earlier 23-hour interval from 12 October 15:00 to 13 October 14:00.
• Substantial quantity surges reaching 179.54 million and 182.77 million throughout 11:00 and 13:00 periods on 13 October validated optimistic market sentiment.
• Essential resistance materialized at $0.190-$0.191 thresholds the place worth actions encountered persistent promoting exercise.
• The $0.183-$0.184 territory established reliable assist by way of volume-supported bounces.
• Extraordinary quantity explosion at 13:31 registering 15.65 million models signaled decisive breakout occasion.
• Excessive-volume intervals surpassing 10 million models by way of 13:35 substantiated important institutional engagement.
• Asset preserved assist above $0.189 regardless of average profit-taking exercise.

Disclaimer: Elements of this text have been generated with the help from AI instruments and reviewed by our editorial staff to make sure accuracy and adherence to our requirements. For extra data, see CoinDesk’s full AI Coverage.