HBAR recorded a price recovery on the day, with the token moving higher but encountering resistance at the top of its intraday range. During the session, HBAR climbed to $0.07605 with trading
HBAR recorded a price recovery on the day, with the token moving higher but encountering resistance at the top of its intraday range. During the session, HBAR climbed to $0.07605 with trading volume standing at $40.52 million, indicating active market participation.
HBAR began the session near $0.0747, at one point dipping toward $0.0742 before staging a recovery. The token managed to surpass several intraday price levels, breaking above the $0.0750 threshold.
As the session progressed, momentum picked up and HBAR established a higher intraday high after rallying through $0.0755. The price then settled into the $0.0760 range by the close of the observed timeframe.
A recent Brave New Coin report placed HBAR at $0.07625, with a 24-hour price range between $0.07428 and $0.07605. HBAR’s market capitalization at the time was approximately $3.34 billion.
HBAR traded between $0.07428 and $0.07605 over the last 24 hours, with volume at $40.52 million, as its price action established higher intraday levels and faced resistance at the upper end of the range.
Market data also shows the structure remains above the previous local support between $0.0742 and $0.0745. Should the recent recovery stall, this zone is expected to act as the first lower reference.
Technical analysis revealed HBAR repeatedly testing resistance at $0.0760. The token briefly crossed above this level before pulling back to around $0.0756, underlining the presence of selling pressure.
Bollinger Band signals clustered around $0.0750-$0.0760 as HBAR approached the top of its session range near $0.07558. Following a decline below $0.0750, the coin’s price jumped past $0.0760 before retracing.
The Chaikin Money Flow (CMF) indicator showed negative readings, with the metric oscillating below zero several times during the session despite the price rebound.
Mini dictionary: Chaikin Money Flow (CMF) is a technical analysis indicator that measures the volume-weighted flow of money into and out of an asset, helping traders assess buying and selling pressure.
A decisive break above the $0.0760 to $0.0762 resistance would bring the recent session highs into focus for traders, while a return to $0.0750 may test the lower intraday structure.
Canary Capital’s HBAR ETF, listed under the ticker HBR on Nasdaq, reported significant inflows totaling $818,000 on September 10, representing the fund’s largest single-day inflow since August 25.
The ETF’s HBAR holdings account for approximately 1.71% of total token supply currently in circulation, based on public fund disclosures. The ETF operates as an exchange-traded fund, tracking HBAR performance without directly holding tokens.
On September 10, net inflows into Canary Capital’s HBAR ETF reached $818,000, boosting the fund’s HBAR stake to 1.71% of circulating supply.
ETF flow data presents a distinct trend from short-term trading charts, with continued inflows potentially supporting HBAR price action even as technical resistance remains in effect.
Immediate resistance for HBAR is in the $0.0760-$0.0762 range. If the token clears this area, upside reference levels extend to $0.0770 and then to a broader $0.0780-$0.0800 zone.
On the downside, $0.0750 serves as the first short-term support, while a lower support level sits near $0.0745, followed by the session low around $0.07428.
Resistance LevelsSupport Levels24h RangeTrading VolumeMarket Capitalization$0.0760-$0.0762, $0.0770, $0.0780-$0.0800$0.0750, $0.0745, $0.07428$0.07428-$0.07605$40.52 million$3.34 billionPrice action is consolidating in a narrow band between $0.0743 and $0.0762, while ETF inflows and market indicators offer mixed signals for the token’s next move.
The post HBAR rises to $0.0760 as ETF inflow hits $818,000 amid resistance zone appeared first on COINTURK NEWS.
