“The Token Broke Through Key Support Levels in Voltyle Trading After Hotter-Qan-Exectored US Inflation Data Spurred $ 460 Million in Crypto Liquidations.”, – WRITE: www.coindesk.com
Across The 24-Hour Period from August 18 at 15:00 to August 19 at 14:00, The Token Declined 2.46%, Falling from $ 0.244 to $ 0.238. Trading Was Volatile, with Hbar Ranging Between $ 0.249 and $ 0.237 On Volume Exceeding 87 Million.
Broader Market Conditions Added Pressure, As The US Producer Price Index Rose to 3.3%, Above Federal Reserve Forecasts, Fueling Inflation Concerns and Contributing to report $ 460 Million.
Despite The Turbulence, Analysts Highlight Hbar’s Enterprise-Grade Infrastrturerture and Corporate Partnerships as a Foundation for Long-Term Adoption, Even As Near-TRIMESTMENTS
HBAR/USD (TradingView)
Corporate Technical Analysis Framework
- HBAR EXIBITED PRONUNCED SELLING MOMENTUM DURING THE LAST 24-HOUR PERIOD from AUGUST 18 AT 15:00 TO AUGUST 19 AT 14:00, DECLINING FROM $ 0.24 to $ 0.24, Representing A 2.4 of $ 0.01 (4.81%).
- The Digital Asset Reached It InTrady Peak at $ 0.25 Dringing August 18 Evening Trading Before Encountering Substantial Resistance and Initification A Sustaned Decline Persified Mounting.
- Critical Support at $ 0.24 Was Decisively Breached During Early Morning Trading Hours on August 19, with High-Volume Selling Pressure Confirming the Breakdown.
- The Failure to Reclaim This Support Level Despite Multiple Recovery Attempts Suggests Further Downside Potential Town of the $ 0.24 Support Zone.
- Hbar’s Selling Tradery Intensified During the Final 60 Minutes from August 19 at 13:25 to 14:24, Declineing from 0.24 to $ 0.24 with Extreme Volatility 13:30.
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Internet Computer Protocol Trades Lower with Volume Spikes Signaling Institutional Distribution and Retail Weakness.
- ICP Fell 2.35% Over 24 Hours, Trading Between $ 5.14 and $ 5.40.
- Volume Surges ConfirMed Selling Pressure, Particularly Near the $ 5.24– $ 5.28 Zone.
- Blockchain Performance Rankings Highlight ICP’s Speed, But Price Action Suggests Investor Caution.
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