HBAR Rises 2.5% as Crypto Market Experiences Post-Thanksgiving Boost

Hedera's token rallies on institutional flows as derivatives positioning shifts bullish across multiple timeframes

HBAR surged on Thursday, jumping from $0.1457 to $0.1494 as institutional flows accelerated and volume spiked 96% above its 24-hour average. The breakout gained traction around 08:00 GMT, with steady higher lows forming across a $0.0054 range and delivering a 3.5% intraday gain.

HBAR briefly touched $0.1506 before profit-taking cooled momentum, though support at $0.1450 held through repeated tests. Short-term data showed a sharp acceleration from $0.1472 to $0.1502, fueled by a burst of more than 6.17 million in volume during a two-minute window that appeared to trigger algorithmic breakout buying.