HBAR saw a moderate lift as the token climbed 2.38% to $0.144, supported by a sharp 59% increase in trading volume compared to its weekly average. The surge in activity followed Axelar’s latest integration, which now connects Hedera to more than 60 blockchains, expanding its interoperability capabilities and drawing fresh attention from traders looking for cross-chain growth opportunities.
Despite the positive catalyst, HBAR still lagged behind the broader crypto market, underperforming the CD5 index by 1.64% as capital rotated into other high-momentum digital assets. The session featured notable intraday volatility with a $0.0146 trading range, including a brief rally to $0.1555 before sellers regained control and pushed the price back into a descending channel that has dominated recent trading.
Buyers defended the $0.1410 level late in the session, helping to stabilize the pullback. Short-term data underscored this resilience, as a strong 60-minute reversal sent the token from $0.1413 to $0.1443 on heavy volume—an encouraging sign of renewed bullish interest at support. Still, HBAR’s larger price structure remains pressured by the series of lower highs that have persisted since September.
The token continues to trade beneath key exponential moving averages, highlighting the macro downtrend. The 20-day EMA sits at $0.155, while the 50-day and 100-day EMAs at $0.174 and $0.189 reinforce higher-timeframe resistance zones. This keeps sentiment cautious, even as Axelar’s integration strengthens interoperability and could increase long-term liquidity across the Hedera ecosystem.
In the near term, immediate support remains at $0.1410 with local resistance at $0.1450. A broader upside push would require reclaiming the $0.1450–$0.1555 zone, where sellers have repeatedly stepped in. Conversely, a breakdown below support may expose the $0.125 demand region. Traders are watching whether rising cross-chain activity can provide the momentum needed to challenge structural resistance and shift HBAR’s bearish trend.
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