Hedera’s native token, HBAR, showed signs of bullish momentum over the past 24 hours, gaining 3% while weathering moderate market turbulence.
Between September 2 at 15:00 and September 3 at 14:00, the digital asset advanced from $0.22 to finish near session peaks, with its trading range spanning 5% of the period’s low.
The move came as buying activity consistently supported the token at higher levels, signaling resilience in a volatile environment.
Trading dynamics underscored this strength, with volume surging to 69.68 million, far above the 24-hour average of 37.42 million.
Institutional accumulation and extraordinary bursts of activity — including a single spike of 4.87 million — highlighted aggressive positioning above key resistance thresholds.
On a shorter time horizon, HBAR recorded notable intraday volatility. In the hour between 13:29 and 14:28 on September 3, the token rallied from $0.22 to a session high before stabilizing, reflecting classic breakout patterns with ascending lows and persistent momentum.
With support holding above $0.22, traders will be watching closely to see if HBAR can sustain its bullish posture into the next trading period.
HBAR/USD (TradingView) ##### Technical Indicators Signal Continued Strength
HBAR formed solid support at $0.21 during opening sessions with substantial volume of 69.68 million, markedly surpassing the 24-hour average of 37.42 million.
Critical resistance materialized at $0.22, challenged repeatedly during overnight periods with amplified volume, indicating potential breakout development.
The market structure displayed a textbook accumulation formation with ascending low configuration.
Volume explosions during bullish movements at 20:00 and 21:00 on September 2nd validated authentic buying momentum rather than speculative activity.
Exceptional volume bursts reaching 4.87 million at 13:43 confirmed institutional positioning above the pivotal $0.22 resistance threshold.
The cryptocurrency showcased classic breakout dynamics with ascending low structure and sustained purchasing pressure during upward phases.
Disclaimer:Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence toour standards. For more information, seeCoinDesk's full AI Policy.
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HBAR Surges 3% as Volume Spikes Signal Breakout Potential
Hedera’s native token, HBAR, showed signs of bullish momentum over the past 24 hours, gaining 3% while weathering moderate market turbulence.
Between September 2 at 15:00 and September 3 at 14:00, the digital asset advanced from $0.22 to finish near session peaks, with its trading range spanning 5% of the period’s low.
The move came as buying activity consistently supported the token at higher levels, signaling resilience in a volatile environment.
Trading dynamics underscored this strength, with volume surging to 69.68 million, far above the 24-hour average of 37.42 million.
Institutional accumulation and extraordinary bursts of activity — including a single spike of 4.87 million — highlighted aggressive positioning above key resistance thresholds.
On a shorter time horizon, HBAR recorded notable intraday volatility. In the hour between 13:29 and 14:28 on September 3, the token rallied from $0.22 to a session high before stabilizing, reflecting classic breakout patterns with ascending lows and persistent momentum.
With support holding above $0.22, traders will be watching closely to see if HBAR can sustain its bullish posture into the next trading period.
HBAR/USD (TradingView) ##### Technical Indicators Signal Continued Strength
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
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