HBAR Plunges Following a Tumultuous 24-Hour Trading Period

HBAR Sees Sharp Bearish Reversal After Volatile 24-Hour Trading

Hedera’s HBAR experienced a dramatic 5% intraday swing on October 16, as institutional investors drove heavy volatility. Early gains were ultimately erased by late-session corporate liquidation pressure.

The token traded in a narrow but intense range between $0.176 and $0.185, initially dipping on corporate profit-taking before rebounding strongly in morning trading. Enterprise volumes surged above 129 million, reflecting heightened institutional activity.

Despite this recovery, momentum was short-lived. A sharp reversal occurred in the final trading hour, when corporate sell pressure overwhelmed support levels. Between 14:02 and 14:04, volumes spiked above 3 million as HBAR fell from $0.183 to $0.1805, signaling aggressive liquidation by enterprise traders.


Institutional Sentiment and Market Dynamics

Analysts note the move reflects shifting institutional sentiment toward blockchain assets. HBAR’s corporate base showed resilience in the $0.176–$0.178 range, but sustained resistance at $0.183–$0.185 indicates growing caution among institutional participants.

Key technical observations include:

  • Trading range: $0.176–$0.185, representing a 5% intraday spread
  • Support zone: $0.176–$0.178, with repeated institutional buying interest
  • Resistance zone: $0.183–$0.185, marking limits during corporate recovery phases
  • Volume surge: 129 million during 09:00–12:00, showing strong institutional activity
  • Final hour spike: >3 million, reflecting liquidation pressure
  • End-of-day exhaustion: zero institutional volume in final minutes

Overall, the pattern illustrates a market balancing profit-taking and structural rebalancing, as corporate participants adjust exposure to HBAR amid ongoing volatility.

  • Related Posts

    Bitcoin Faces Selling Pressure Near Key Support as Volatility Spikes Across BTC, Stocks, and Gold

    Bitcoin Hovers Near Key Support as Volatility Surges Across Markets Bitcoin (BTC) is teetering in a critical support zone amid a sharp rise in volatility across crypto, equities, and gold,…

    Continue reading
    Emerging ‘Cockroaches’ in TradFi Pressure Bitcoin, While Fed Action Could Spark Rally

    Regional Bank Credit Woes Pressure Bitcoin and Stocks U.S. stocks and Bitcoin (BTC) faced downward pressure on Thursday as credit concerns among regional banks surfaced alongside broader economic uncertainty. JPMorgan…

    Continue reading