Market Overview for Hedera Hashgraph (HBARUSDT) – July 18, 2025

• Hedera Hashgraph (HBARUSDT) posted a strong 24-hour rally, surging to a high of $0.2990 amid rising volume and bullish momentum.
• Price surged from $0.2444 to $0.2990, forming multiple bullish engulfing patterns during the overnight session.
• Volatility and turnover spiked in the early hours of July 18, with volume peaking above 30 million HBAR.
• RSI reached overbought territory (70+), while MACD showed a bullish crossover with strong histogram expansion.
• Bollinger Bands expanded significantly, reflecting heightened volatility and a breakout above key resistance.

Hedera Hashgraph (HBARUSDT) opened at $0.2444 on July 17 at 12:00 ET and surged to a 24-hour high of $0.2990 by 01:00 ET on July 18. The pair closed at $0.2847 at 12:00 ET, marking a significant bullish reversal. Total volume reached 217.6 million HBAR, with notional turnover rising in tandem with price action.

Structure & Formations

The 24-hour period saw a sharp upward move from $0.2444 to $0.2990, with key support levels at $0.24415 and $0.24302 appearing robust. A bullish engulfing pattern formed around 16:30 ET on July 17, followed by a strong breakout above $0.2700 and $0.2800. A doji formed at the $0.29126 level, suggesting a temporary pause in momentum, but was quickly followed by a continuation of the upward trend.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages were decisively crossed to the upside, reinforcing the bullish bias. Daily moving averages (50/100/200) also showed a strong upward trend, with the 200-day MA acting as a dynamic support level during the initial phase of the rally.

MACD & RSI

The MACD crossed above the signal line around 18:00 ET on July 17, with histogram bars expanding strongly as the price surged. RSI reached overbought levels above 70, indicating potential for a consolidation or pullback. However, the sustained volume and bullish price action suggest that momentum may remain intact for a few more sessions.

Bollinger Bands

Volatility expanded significantly during the rally, with Bollinger Bands widening and the price moving well above the upper band. This suggests a breakout is in progress, and the upper band may now act as a dynamic resistance level. The lower band was last tested at $0.24415, a level that held during the initial phase of the move.

Volume & Turnover

Volume spiked sharply during the overnight session, with the largest 15-minute volume of 33.8 million HBAR recorded at 22:00 ET on July 17. Turnover also increased in tandem with price, showing no signs of divergence. The volume profile confirmed the strength of the bullish move, particularly during the breakout above $0.2700 and $0.2800.

Fibonacci Retracements

Applying Fibonacci retracement levels to the recent 15-minute swing from $0.24302 to $0.2990, the 61.8% level is currently at $0.2795 and acted as a minor resistance during the pullback. On the daily chart, the 61.8% retracement level of the prior bearish move is near $0.2765, which was briefly tested during the consolidation phase.

HBARUSDT appears to be in the early stages of a sustained bullish move, supported by strong volume and momentum. However, traders should remain cautious as RSI is overbought and the price may face resistance near $0.2900–$0.2950. A consolidation or even a short-term pullback could occur, but the overall trend remains firmly bullish. Investors should monitor volume and key Fibonacci levels for potential entry or exit signals in the next 24 hours.