Hedera drops 9.5% after IBM and NVIDIA news fail to sustain rally
Hedera (HBAR)
Editor:
Eugene Serbin
tradersunion.com reports that Hedera (HBAR) fell 9.52% today as selling pressure returned following a post-catalyst rally. The price drop occurred after the inclusion of The Hashgraph Group's IDTrust platform in the IBM Cloud Catalog and the participation of Hedera Council members in NVIDIA's Open Agent Safety Platform. These events did not involve direct financial investments or new alliances, with IBM remaining an existing Council member and NVIDIA not referencing Hedera in its announcements.
HBAR/USD is currently trading at $0.106, having opened with a downside gap of roughly 12.63%. The asset remains above its 20-day, 50-day, and 200-day moving averages, which are located at $0.0867, $0.0792, and $0.0817 respectively. Immediate resistance is identified at $0.131, while the near-term floor sits at $0.1055.
Technical indicators show mixed signals, with the RSI at 62.0136 signaling a buy, while the Stochastic RSI indicates a strong sell. Despite the pullback, buyers have shown intraday resilience, keeping the price near the high of the day's range.
How the market reacted
Whalio's own Binance spot order flow for HBAR, measured when this story was written up on 30 September 2026. Not the outlet's figures.
HBAR is currently trading at $0.1024 on Binance spot data. The 1-hour buy ratio stands at 52.2%, contrasting with the 4-hour ratio of 47.7% and the 24-hour ratio of 46.5%. This shift suggests that short-term buying pressure is building relative to the longer-term trend. The 1-hour volume delta is positive at +$55,621, indicating net buying in the immediate term. However, the 4-hour volume delta is -$365,727, and the 24-hour volume delta is -$6,217,682, showing that selling pressure has dominated over the last day. The cumulative volume delta (CVD) for the 24-hour close is -$3,870,661. Spot volume over the last 24 hours reached $87,862,955 across 880,603 trades.
The latest daily buy ratio of 52.0% sits at the 84th percentile of the last 323 days, against a median of 49.2% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for HBAR, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio for HBAR was 50.0%, making the latest day's ratio 3.5 points lower than the average. Volume was 1.99 times the average, indicating an unusual level of activity compared to normal days. The price changed by +3.3% over the eight-day period, while the total volume delta for the week was -$7,863,322. Net buying occurred on only 3 of the 7 days in the preceding week. This data places the current trading activity in the context of a week with higher-than-average volume but persistent net selling pressure.