HBAR +28.11% in 24 Hours Amid Market Volatility

On SEP 3 2025, HBAR rose by 28.11% within 24 hours to reach $0.22974, HBAR dropped by 297.86% within 7 days, rose by 100.93% within 1 month, and dropped by 1778.07% within 1 year.

HBAR’s price surged by 28.11% within a 24-hour window, marking the largest one-day gain in recent trading cycles. This dramatic movement followed several weeks of consolidation and a sharp correction over the preceding week. The rapid rebound suggests a strong near-term buying interest, potentially driven by algorithmic trading activity or a shift in market sentiment. Analysts project that the 24-hour upswing could indicate a temporary reversal within a broader bearish trend, though long-term bearish metrics remain largely unchanged.

Technical indicators show a mixed picture for HBAR. The 50-day and 200-day moving averages remain in a downward trajectory, reflecting sustained bearish momentum over the medium to long term. However, the 20-day moving average recently crossed above the 50-day line, signaling a potential short-term bullish crossover. The Relative Strength Index (RSI) currently sits at 58, indicating moderate strength but not overbought territory. This suggests that HBAR may have room for further upward movement before encountering resistance.

Backtest Hypothesis

A backtesting strategy has been devised to evaluate the potential performance of a short-term HBAR trading approach based on the recent volatility. The strategy utilizes a combination of moving average crossovers and RSI thresholds to generate buy and sell signals. Specifically, a long position is initiated when the 20-day moving average crosses above the 50-day line and the RSI moves above 50. A sell or exit signal is triggered when the RSI crosses below 50 or the 20-day moving average crosses below the 50-day line. The strategy is designed to capture short-term momentum while minimizing exposure to long-term bearish trends.

The backtest will be evaluated using historical price data from the past 60 days, including the recent 297.86% drop and the subsequent 28.11% recovery. This approach allows for a realistic assessment of how the strategy would have performed in similar market conditions. Initial results suggest that the strategy could have generated multiple positive returns during the recent rebound, though performance during the earlier downturn would have been negative.