HBAR rallies on IBM listing as institutional demand rises
Hedera (HBAR)
Editor:
Eugene Serbin
tradersunion.com reports that institutional demand has driven Hedera (HBAR) sharply higher, with the token trading near $0.11 following a nearly 10% move. The rally was triggered after the IDTrust identity management platform, developed by The Hashgraph Group, was validated and listed on the IBM Cloud Catalog on September 23, 2026. This listing gives enterprise clients direct access to Hedera-based identity solutions through IBM's marketplace, spurring a notable rise in trading volume and open interest.
Unconfirmed speculation regarding the potential tokenization of BlackRock’s money market fund also contributed to heightened activity, though no official confirmation has emerged as of October 2, 2026. Technical indicators show a sustained move higher with a firm trend, reinforced by a strong ADX reading of 44.3476 and a synchronously bullish MACD. However, oscillators diverge, with the RSI at 60.0108 and the CCI at 91.8659 approaching overbought levels, while the Stoch RSI sits deep in the oversold zone.
Support is found at the Ichimoku Kijun level of $0.1015, with resistance set at $0.131, marking last week’s high. Analysts note that Hedera is showing bullish momentum despite undergoing significant volatility and renewed selling pressure. The base case sees the price consolidating above $0.1015 support and below $0.131 resistance, driven by broad buy signals.
A clear break above $0.131 could open further upside, while a close below $0.1015 would turn attention toward a deeper pullback. Next week, Hedera is expected to trade in a $0.0849 to $0.1264 range, with a very high probability of an increase.
How the market reacted
Whalio's own Binance spot order flow for HBAR, measured when this story was written up on 2 October 2026. Not the outlet's figures.
HBAR is currently trading at $0.1027, with buy ratios of 47.9% over the last hour and 53.0% over the last four hours compared to 52.8% over the last day. The one-hour volume delta is -$47,452, indicating recent selling pressure, while the four-hour delta is +$251,765, showing stronger buying over a slightly longer timeframe. Over the last 24 hours, the volume delta is +$1,696,609, with a cumulative volume delta (CVD) of +$1,429,673 at the close. Net buying occurred for 17 of the last 24 hours, contributing to a total spot volume of $30,306,452 across 216,568 trades. The divergence between the lower one-hour buy ratio and the higher four-hour ratio suggests that short-term selling has eased, allowing buying pressure to build over the medium term. While the one-hour delta is negative, the positive four-hour and 24-hour deltas indicate that buyers remain in control despite recent intraday fluctuations.
The latest daily buy ratio of 49.3% sits at the 50th percentile of the last 322 days, against a median of 49.2% - ordinary for this coin.
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 was 49.5%, with the latest day showing a buy ratio 3.2 points higher than that average. Trading volume was 0.55x the weekly average, indicating lighter activity than usual despite the price change. The price increased by 10.3% over the last eight days, while the total volume delta for that period was -$6,345,382. Only two of the seven days saw net buying, suggesting that the recent price gains were not consistently supported by broad buying pressure across the entire week. This represents an unusual day for the coin, as the current buy ratio is higher than the weekly average, even though volume remains below typical levels.