Hedera HBAR Shows Resilience: Price Holds $0.094 Support as Market Cap Stabilizes Above $4.1 Billion
Hedera's HBAR token is demonstrating signs of resilience, with its price stabilizing near $0.10 following a 6.11% gain over the last 24 hours. The market capitalization now stands at $4.33 billion, reflecting a 5.47% increase, while trading volume has dipped slightly to $132.5 million.
The token has broken out of its sub-$0.096 range, testing the $0.10 resistance level before experiencing a minor pullback. Current price action suggests waning bearish momentum, though sustained closes above key resistance levels are required to confirm bullish strength.
Despite the recent gains, HBAR remains 82.93% below its all-time high (ATH) of $0.57 from September 2021. The token's long-term chart continues to reflect the broader market correction that has persisted across multiple years.
