HBAR Price Drops 6% Before Sharp Rebound Amid Heavy Volatility

Hedera Hashgraph’s native token HBAR faced a sharp selloff between September 21 and 22, sliding 6.29% from $0.24 to $0.22 in just 23 hours. The decline was marked by intense volatility, with trading ranges expanding 9.7%—well above the monthly average—highlighting the market’s heightened sensitivity to institutional activity and sentiment-driven flows.

The steepest wave of selling hit at midnight on September 22, when trading volume spiked to 137.11 million, nearly three times the daily baseline. This surge marked the peak of bearish pressure, driving HBAR down to its $0.22 trough as short-term holders appeared to capitulate. Strong resistance formed at the $0.235–$0.24 zone, where repeated sell orders pushed the price lower and triggered liquidations.

Despite the heavy selling, bulls managed a late-stage comeback. In the final trading hour, HBAR rebounded from $0.2197 to $0.2222, breaking through the $0.22 resistance on a sudden 6.21 million volume burst. The rally briefly carried prices to session highs near $0.2225 before volumes dropped to zero in the last three minutes, signaling a temporary pause in market activity.

This volatile session highlights the liquidity-driven nature of HBAR and broader crypto markets. Institutional flows remain a key driver, with sharp declines quickly shifting to opportunistic buying when conditions align. For traders, the $0.24 level now stands as firm resistance, while the $0.22 support zone will be closely watched in the days ahead.

HBAR’s rapid swings underscore the risks and opportunities inherent in digital assets. With sentiment and liquidity shifting in real time, price action can quickly pivot from bearish to bullish, making short-term positioning especially critical.