Meanwhile, Arrow Electronics’ integration with Hedera boosts confidence in its enterprise blockchain adoption, signaling rising utility and potential upside for the price in the near term.
Hedera trades at $0.22, consolidating between key support at $0.22 and resistance at $0.23 amid neutral momentum. Analysts expect volatility as bulls defend support levels.
HBAR Trades Steadily Within a Tight Range
Hedera traded around $0.22, reflecting a mild 0.40% decline in the past 24 hours. The token maintained a market capitalization of $9.16 billion and a trading volume of $245.68 million, according to the latest market data.
The 24-hour price movement showed a gradual decline from $0.224 to $0.216, pointing to modest selling pressure during the trading session. Despite occasional recoveries, the structure continued to form lower highs, confirming a cautious short-term sentiment.
HBARUSD 24-Hr Chart | Source: BraveNewCoin
The cryptocurrency remained confined between $0.22 and $0.23, a range that has become an active zone for both buyers and sellers. Analyst Ripple Bull Winkle noted that the $0.22 support level has been tested three times, making it a crucial base for market participants.
A downward move below this point could open a path toward the $0.21 level, which forms the next major area of support. On the upside, a break above $0.23 may enable the token to attempt a rebound toward $0.26, aligning with the previous resistance zone
Technical Indicators Show Neutral Market Momentum
The moving averages(MA) reflected a neutral-to-bearish tone as the 20-day MA ($0.23) crossed below the 50-day MA ($0.23), suggesting slowing short-term momentum. This configuration often represents a consolidation phase, where traders wait for stronger signals before taking new positions. The Relative Strength Index (RSI) stood at 46, showing neither overbought nor oversold conditions, though slightly leaning toward a cautious sentiment.
HBARUSD Chart | Source: x
Volume activity during the 24 hours revealed limited liquidity movement, with trading levels tightening near the lower end of the range. The lower shadow on the daily chart suggested that buying interest emerged near $HBAR remains possible. However, any sustained move below $0.215 may extend losses and shift sentiment toward sellers.
Arrow Electronics Joins the Hedera Council
In a development that reinforces its enterprise adoption efforts, Arrow Electronics, a global technology firm valued at $28 billion, officially joined the Council. The company aims to integrate the distributed ledger technology to enhance its supply chain and logistics systems. According to Arrow’s senior vice president, the focus will be on using blockchain tools to improve efficiency, traceability, and transparency in global operations.
This partnership places Arrow among established enterprises adopting blockchain to streamline data coordination between suppliers and customers. By leveraging the asset’s public network, Arrow intends to create more responsive and reliable communication channels across its global ecosystem. The move demonstrates how major corporations are turning to blockchain-based solutions to strengthen operational resilience in complex logistical environments.
Enterprise Adoption Strengthens Hedera’s Position
Analyst X Finance Bull noted that Arrow’s addition to the Council supports broader confidence in its enterprise-grade infrastructure. The collaboration indicates that traditional businesses are gradually integrating decentralized systems into their operational models. As more corporations explore distributed technologies for supply chain optimization, the altcoin continues to expand its ecosystem to accommodate enterprise-scale use cases.
The market structure remains range-bound in the short term, with trading activity consolidating between the $0.22 support and $0.23 resistance levels. While the partnership with Arrow Electronics enhances network visibility, traders remain focused on the next price breakout. A decisive move beyond these boundaries may determine whether the current consolidation evolves into a renewed bullish phase or an extended correction.