- HBAR price advanced 4% as network transactions and new accounts recorded sharp daily increases.
- Technical charts show short-term cautious bullish momentum.
- Rising TPS, holder growth, and TVL point to steady on-chain engagement and speculation.
The HBAR price moved higher as Hedera network activity strengthened across both the testnet and mainnet. A 4% daily gain aligned with improving usage metrics, while traders closely monitored resistance levels shaping the next price direction.
Short-Term Price Structure Shows Improving Momentum
HBAR price action on the 4-hour chart signaled a shift from persistent selling toward early recovery behavior. Pressure pushed the token from the 0.13–0.14 range toward the 0.105 area.
That decline gradually lost strength as selling volume thinned. The price has remained consolidated between 0.108 and 0.116.
Analysis by CryptoPulse shows that a close above the 0.118 neckline could pave the way for targets at 0.124 and 0.13. The post described building momentum, while stressing that sustained closes above resistance remain essential for continuation.
Broader Timeframe Remains Cautious Despite Stabilization
The 3-day HBAR/USDT chart continues to reflect a longer-term bearish structure. Price has posted lower highs and lower lows since peaking near the 0.30–0.35 region.
Each recovery attempt has faced firm overhead supply. Recent price action around the 0.11–0.115 zone carries technical relevance.
This range previously acted as a demand area, where selling pressure began to slow. Smaller candles and reduced downside follow-through suggested seller fatigue, though trend reversal signals remain absent.
For a confirmed structural shift, HBAR price would need to reclaim the 0.14–0.15 region. Until that occurs, the broader bias stays neutral to bearish. A breakdown below current support could reopen downside toward the 0.095–0.10 range.
Network Activity Supports Price Recovery Narrative
HBAR price strength coincided with rising on-chain activity across Hedera’s ecosystem. Testnet Transactions Per Second climbed to 44, while mainnet TPS reached 100 several days earlier.
These readings pointed to expanding developer testing and early DeFi-related usage. New account creation also surged during the same period.
Daily data showed new accounts rising to 2,620, representing a 72.9% increase from the prior count. Transaction activity linked to these accounts also increased, indicating active participation rather than passive growth.
Longer-term indicators reinforced this trend. Total HBAR holders reached approximately 4.6 million, while network TVL rose 2% to $67.1 million. Despite Stochastic RSI nearing overbought levels, a clean break above 0.1161 could place 0.1452 into focus.
