Share this article
HBAR Dips 1.4% to $0.1675 Breaking Below Key Support Zone
HBAR’s technical structure turned firmly bearish after repeated failures at the $0.1700 resistance zone, while a surge in volume confirmed a decisive support break.
Updated Oct 23, 2025, 3:07 p.m. Published Oct 23, 2025, 3:07 p.m.
What to know:
- HBAR repeatedly failed to break above the $0.1690–$0.1700 zone, confirming strong overhead pressure.
- A 68% surge in trading volume to 105.45 million tokens coincided with the breakdown below $0.1650 support, signaling institutional selling.
- With $0.1650 flipped into resistance, the next key support sits at $0.1620, where previous volume absorption occurred.
HBAR slipped 1.4% on Tuesday as bearish momentum intensified, driving the token from $0.1698 to $0.1675. The move followed a failed attempt to reclaim the $0.1700 resistance level, with sellers pushing prices below key support at $0.1650. Trading volume surged 68% above its 24-hour average to 105.45 million tokens around 21:00 UTC, coinciding with the decisive breakdown that confirmed bearish control.
Intraday volatility reached 4.9% as HBAR’s price swung within a $0.0084 range. Short-term data showed a sharp rejection from the $0.1690–$0.1697 zone, which now acts as resistance after repeated failures to sustain upward momentum. The subsequent drop toward $0.1676 solidified a bearish reversal pattern, signaling weakening market sentiment.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Technical factors remain in focus with limited fundamental catalysts driving action. The inability to recover above $0.1700 coupled with volume-backed support breaks has shifted structure firmly to the downside. Traders are watching $0.1690 for signs of reversal, while continued weakness below $0.1650 could open the path toward the next support near $0.1620.
A brief rebound to $0.1675 on thin volume suggests only a technical retracement rather than a sustained recovery. Unless buying pressure strengthens meaningfully, HBAR’s near-term outlook remains tilted toward further declines.
Key Technical Levels Signal Bearish Structure for HBAR
- Support/Resistance Analysis
- Primary resistance: $0.1690–$0.1700 zone after multiple failed breakout attempts
- Critical support at $0.1650 broken during high-volume move, now acting as resistance on retests
- Secondary support at $0.1620, where institutional volume absorption previously occurred
- Volume Analysis
- Institutional volume spike: 105.45M tokens, 68% above the 24-hour SMA, confirming support breakdown
- Diminishing volume on recovery to $0.1675 signals weak buying interest
- Volume trends indicate distribution, not accumulation, at current price levels
- Chart Patterns
- Bearish reversal confirmed with lower highs and lower lows
- Failed breakout above $0.1700 offered a selling
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Coinbase Sees Crypto Recovery Ahead as Liquidity Improves and Fed Rate Cut Odds Climb
The crypto exchange also took note of a so-called AI bubble that continues to go strong and a weaker U.S. dollar.
What to know:
- Coinbase Institutional is seeing a potential December recovery in crypto, citing improving liquidity and a shift in macroeconomic conditions that could favor risk assets like bitcoin.
- The firm's optimism is driven by rising odds of Federal Reserve rate cuts, with markets pricing in a 93% chance easing next week, and improving liquidity conditions.
- Several recent institutional developments, including Vanguard's crypto ETF policy reversal and Bank of America's greenlighting of crypto allocations, have contributed to bitcoin's rebound from recent lows.
Top Stories
