Market Overview: Hedera Hashgraph (HBARUSDT) 24-Hour Technical Review

• HBARUSDT formed a strong bullish engulfing pattern at 0.2623–0.2646, indicating a short-term reversal.
• Price tested and held above 0.2630–0.2632 support before breaking 0.2642 resistance late in the cycle.
• RSI showed moderate momentum with no overbought/oversold extremes, suggesting balanced buyer-seller pressure.
• Volatility expanded midday with a surge in volume (65M+), confirming a shift in directional bias.
• 20-period MA crossed above 50-period MA on 15-min chart, signaling a potential short-term uptrend.

Hedera Hashgraph (HBARUSDT) opened at 0.26235 on 2025-08-13 at 12:00 ET and closed at 0.2522 as of 2025-08-14 12:00 ET, reaching a high of 0.27522 and a low of 0.247. Total volume exceeded 58 million units with a turnover of ~15,000,000 USD. The price action reflected a midday rally followed by a sharp pullback in the afternoon.

Structure & Formations

The 15-minute chart displayed a bullish engulfing pattern between 0.2623–0.2646 as buyers overcame early bearish pressure. Price briefly broke above 0.2642 resistance and tested 0.2752, but failed to hold above 0.27512. A bearish divergence emerged late in the 24-hour window, as volume dipped during the pullback from 0.2752 to 0.2522, hinting at potential exhaustion. The 0.2630–0.2632 zone appears to be a critical support area, and a break below 0.25391 may expose 0.2504 as the next level of interest.

Moving Averages

On the 15-minute timeframe, the 20-period MA crossed above the 50-period MA, forming a golden cross that suggests short-term bullish momentum. On the daily chart, the 50-period MA remains above the 200-period MA, indicating an ongoing longer-term uptrend. Price remains below the 100-period MA, which may act as resistance in the near term.

MACD & RSI

The MACD line showed a bullish crossover midday, aligning with increased buying pressure. However, it has since flattened as the pullback accelerated. RSI oscillated between 50–60 for most of the session, reflecting balanced momentum. A drop below 50 may signal a continuation of the downward trend.

Bollinger Bands

Volatility increased as price moved from the lower band toward the upper band midday, before collapsing back below the middle band in the afternoon. The current price of 0.2522 sits near the lower band, suggesting oversold conditions and a potential rebound toward the middle band.

Volume & Turnover

Volume surged to over 65 million units during the midday rally, with a turnover spike of 15,000,000 USD at the peak of the move. However, volume dropped during the afternoon sell-off, indicating weaker conviction. The divergence between price and volume raises caution about the sustainability of the rally.

Fibonacci Retracements

Applying Fibonacci to the 0.247–0.2752 swing, price pulled back to the 61.8% level (~0.25391) before stalling. A break below 0.2504 (78.6%) may suggest a deeper correction is in play, but a rebound above 0.2632 could reinvigorate the 0.2752–0.2642 target range.

HBARUSDT appears poised for either consolidation or a renewed attempt to test 0.2642–0.2752 resistance in the next 24 hours. However, given the bearish divergence and the sharp pullback into oversold levels, investors should remain cautious and watch for confirmation of a new bullish impulse. A test of 0.2504 is a possible near-term risk, but could offer a potential entry if 0.2630 support holds.