HBAR Slips 2.6% to $0.1691 as Support Test Draws Heavy Volume

CoinDeskThursday, November 6, 2025 at 5:32:34 PM
HBAR Slips 2.6% to $0.1691 as Support Test Draws Heavy Volume
Hedera's native token, HBAR, recently experienced a 2.6% decline to $0.1691, but it has shown signs of recovery with increased trading volume and a confirmed double-bottom pattern. This technical indicator suggests that HBAR could potentially rise towards $0.1730, making it a point of interest for investors looking for opportunities in the cryptocurrency market.
— via World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
BONK Slides 4% as Support Break Sparks Renewed Technical Weakness
NegativeCryptocurrency
BONK has seen a decline of 4.06%, dropping to $0.00001174, as a failed resistance test has sparked renewed technical weakness. This downturn is significant as it indicates a potential shift in market sentiment and raises concerns about the cryptocurrency's stability, especially with increasing trading volume.
Robinhood’s Crypto Trading Revenue Soared 339% in Q3 as Company Tops Street Earnings Estimates
PositiveCryptocurrency
Robinhood has reported a remarkable 339% increase in its crypto trading revenue for the third quarter, reaching an impressive $80 billion in trading volume. This surge highlights the growing interest in cryptocurrency among investors and showcases Robinhood's strong performance, surpassing Wall Street's earnings expectations. However, despite this positive news, the company's shares experienced a dip in after-hours trading, indicating that market reactions can be unpredictable even in the face of strong financial results.
HBAR Eyes $0.18 as Volume Surge Signals Possible Breakout
PositiveCryptocurrency
Hedera's HBAR token is showing promising signs as it climbed 1.31% to $0.1725, with a significant surge in trading volume. This uptick in activity suggests that HBAR may be on the verge of breaking through key resistance levels, which could lead to further gains. Investors are keeping a close eye on these developments, as a breakout could signal a bullish trend for the cryptocurrency market.