Hedera HBAR Shows Institutional Accumulation Signals Amid ETF Filing Volatility
Published:
2025-09-24 16:46:17
[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN]
Hedera HBAR News - HBAR experienced significant price volatility between $0.217 and $0.225 from September 23-24, ultimately closing with a modest 0.90% gain. The token's 04:00 UTC drop to $0.217 on September 24 triggered substantial institutional buying, demonstrated by a volume surge to 97.05 million—nearly triple the daily average—before stabilizing at $0.223. Canary Capital's spot
HBAR ETF filing with a 1.95% expense ratio indicates growing institutional recognition of Hedera's hashgraph technology. Analysts project long-term targets of $0.50 by 2025-2026 and $1.60+ by 2030, though near-term performance depends on maintaining the $0.217 support level and breaking through $0.225 resistance. Technical indicators confirm $0.217-$0.218 as critical support, with the 04:00 volume spike clearly marking accumulation activity. The $0.007 trading range reflects ongoing tension between institutional demand and profit-taking at higher price levels.
By:
|Square
Get the BTCC app to start your crypto journey
Get started today
Scan to join our 100M+ users