Hedera Gains on Rising Volume Amid Institutional Momentum
Hedera (HBAR) edged higher, establishing support above $0.1427 during a measured rally supported by elevated trading volume and significant institutional developments. The move aligns with broader crypto market strength, with HBAR showing minimal divergence from the CD5 index at 0.25%.
The session formed a series of higher lows, with a notable volume spike at 14:00 UTC when 165.32 million tokens traded—138% above the 24-hour average. This surge coincided with a volatile rejection from resistance near $0.1467, while support held at $0.1427, confirming the ascending trendline from $0.1411.
Institutional interest is expanding as Canary Capital’s HBAR ETF becomes tradable through Vanguard. Fundamental support also comes from Georgia’s decision to migrate its land registry to Hedera for real estate tokenization. Still, HBAR remains sensitive to broader crypto trends, particularly bitcoin and ether.
Technical Snapshot:
- Support/Resistance: $0.1427 support; $0.1467 resistance; ascending trendline from $0.1411 intact.
- Volume: 165.32M token spike (138% above SMA) signals strong institutional activity.
- Patterns: V-shaped 60-minute recovery; ascending channel maintains bullish bias.
- Targets/Risk: Immediate upside to $0.1467, potential extension to $0.148; downside risk at $0.1427 and trendline.

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