Hedera (HBAR) Shows Signs of Recovery with $1.85M Inflow
Date: 2025-03-18 Author: Gabriel Deangelo Categories: CRYPTO PAYMENTS
HBAR has seen fresh capital inflows into the spot market in recent days, signaling growing interest in the asset. This coincides with the cryptocurrency market’s attempts to recover from its recent slump.
HBAR is the native token of the Hedera Hashgraph network, which uses a directed acyclic graph (DAG) instead of a traditional blockchain. The platform is focused on enterprise use cases, and recent data suggests stronger buying interest.
According to Coinglass, HBAR spot inflows approached $2 million on Monday, the first such event in seven days. The asset had been under selling pressure until then, with over $10 million in outflows from March 11 to 16. The current inflow signals a shift in market sentiment to the bullish side.
Further confirmation of this is the Balance of Power (BoP) indicator, which at the time of publication is holding at 0.62, indicating the advantage of buyers.
At the moment, HBAR is trading above the $0.17 mark, which is a key support zone. If the uptrend continues, the next target will be the resistance level of $0.22. In case of a successful breakout, growth to $0.26 is possible, which corresponds to the maximum values since March 4.
However, if the market again increases selling pressure and profit-taking begins, the HBAR price may roll back to $0.17.
