The post HBAR News: Hedera Trades at $0.22 as Price Compression Tightens Within Descending Channel appeared on BitcoinEthereumNews.com.

Hedera Hashgraph is showing signs of tightening price action, with volatility compressing as the token continues to trade within a well-defined descending parallel channel. At the time of analysis, the asset was valued around $0.2247, reflecting cautious sentiment among traders awaiting a decisive breakout. Price Compression Deepens as Market Awaits Breakout HBAR’s recent performance exemplifies textbook compression following a prior expansionary phase. After rallying strongly into early August, the token entered a cooling-off period characterized by lower highs and contained volatility. The descending channel that has since developed represents a tug-of-war between cautious bulls defending support and opportunistic bears pressing resistance. Source: X Each attempt to break out of the channel’s upper boundary has been met with renewed selling, while the lower edge continues to attract accumulation interest. Such narrowing conditions tend to signal that the market is coiling for a larger move — one that could unfold once the token escapes this pattern. Market Structure Reflects Neutral-to-Bullish Undertones Based on BraveNewCoin data, Hedera is trading at $0.22, down 0.49% over the past 24 hours, with a market capitalization of $9.44 billion. The project ranks #25 globally, maintaining a circulating supply of over 42.3 billion tokens and a daily trading volume of approximately $240 million. Source: BraveNewCoin Despite the mild decline, liquidity remains solid, suggesting that investor interest has not waned. The market’s current hesitation appears to stem more from technical compression than from a shift in fundamentals. Hedera’s underlying network activity, bolstered by partnerships in enterprise and Web3 infrastructure, continues to attract long-term attention, even as short-term traders focus on near-term chart dynamics. The stabilization above $0.20 suggests that bulls are quietly defending critical support, but the lack of strong follow-through above $0.24 underscores the absence of conviction. The next move will likely depend on a surge in trading…

---

Filed under: News - @ October 4, 2025 11:27 pm