HBAR Dips to $0.217 Before Rebounding Amid Institutional Accumulation
24 September 2025

Hedera’s HBAR showed modest gains after a volatile 23-hour trading session, with signs of institutional accumulation emerging at key support levels.

HBAR fluctuated between $0.217 and $0.225 from September 23 to 24, ultimately rising 0.9% despite wide intraday swings. A sharp dip to $0.217 at 04:00 on September 24 marked a critical support level, followed by a strong rebound, while $0.225 continued to act as firm resistance.

Trading volumes suggest institutional players stepped in during the selloff. Turnover spiked to 97.05 million at 04:00—well above the 37.89 million average—indicating accumulation at lower levels. Selling pressure resurfaced later, pushing HBAR from $0.224 to $0.223 in the final hour, with volume nearly triple the norm, signaling distribution activity.

The session’s volatility coincided with a key development: Canary Capital filed for a spot HBAR ETF with a 1.95% expense ratio. Analysts say the move reflects growing institutional recognition of Hedera’s hashgraph technology and could support long-term price growth, with targets of $0.50 by 2025–2026 and $1.60 or higher by 2030.

Near-term price action will depend on whether support at $0.217–$0.218 holds and if continued institutional demand offsets selling pressure near $0.225.

Technical Highlights:

• Support zone established at $0.217–$0.218 during session lows
• Resistance ceiling forms near $0.225 throughout the trading period
• Volume surge to 97.05 million at 04:00 confirms institutional buying
• $0.007 trading range represents 3.22% volatility across the 23-hour window
• Final hour volume triples to 1.79 million, signaling distribution pressure