HBAR price jumps 29% and clears long-term barrier—is $0.10 next?
Hedera’s HBAR has moved above its 200-day average on stronger volume, but the token still faces resistance around $0.10.
Hedera’s HBAR has climbed almost 29% from its recent low, carrying the price to approximately $0.097.
The rally has also pushed HBAR above a barrier that has been there for a long time near the $0.086 price level. If buyers want the recovery to continue, they must now overcome the $0.10 price area.
HBAR clears months-long resistance
HBAR got to as high as $0.099 earlier on before falling back slightly. Its high point is within reaching distance of the $0.10 price level, a level which it has not closed above in months.
Trading activity was higher than the previous day with the move. The most recent daily volume was higher than the levels experienced by most days between August and early September.
A price rise on stronger volume indicates that more buyers may be participating. If there was a rally, and the activity was weak, the price trend might not matter a lot.
It is now above its 200-day average. This lies around the $0.086 level and reflects its bigger move since the last few months; this was also acting as a ceiling earlier for its movement.
Moving above it may not bring new gains, but holding there would mean that the increase seen up to that point was more than just a passing trend.
The shorter-term averages are now below HBAR’s price as well. What this means is that it is trading above both its recent and longer-term reference points.
Can HBAR price clear $0.10?
The next target is the $0.10 level. HBAR nearly got there during the current session seen, as of this writing, but stopped at around the $0.099 price level.
With a strong daily close above $0.10, the bulls could attempt the early June area at the $0.109 – $0.11 levels again. That region saw a lot of selling and may do so again.
If it is not able to clear the $0.10 level could bring a pause after the rapid advance it witnessed.
$0.09 is the first important level to watch from any rejection. Below is the prior key reversal around the $0.086 level that could be important in demonstrating who holds control – buyers or sellers.
A fall below the $0.086 price level would unwind the breakout and raise the possibility that HBAR had moved too far too quickly.
Final Summary
- HBAR is up about 29% and is now above its long term price average at $0.086.
- The altcoin needs to clear the psychologically important $0.10 resistance level to make a case to reach $0.11 before any corrections.
![Tom Lee’s Bitmine is once again in the news as it added 27,562 additional Ethereum [ETH] to its treasury in the past week ending on the 21st of September. At approximately $2,688 per ETH, that purchase represents roughly $74 million in ETH. Separately, the firm also made a transfer of 12,500 ETH from Kraken, worth about $34.6 million at the stated price, as part of the company’s broader accumulation activity. Source: Arkham Bitmine's impressive ETH stash update With this, Bitmine’s total ETH holdings have reached 5,983,940 ETH, valued at about $16.43 billion, representing approximately 4.9% of Ethereum’s total available supply of 122.1 million ETH. As updated many times, BitMine has set a goal of the “Alchemy of 5%,” which means it is now very close to that target. That said, besides buying and holding, BitMine is also putting a large portion of its ETH to work through staking. As of the 20th of September, BitMine had staked 5,067,309 ETH, worth roughly $13.6 billion at an ETH price of $2,688. That represents about 85% of the company’s total ETH holdings. Source: Bitmine BitMine said its own staking operations generated a 7-day yield of 2.62% on an annualized basis. Based on its current staking position, the company's annualized staking revenues are now projected at approximately $357 million. In fact, it also estimates that if all of its ETH were eventually fully staked through its MAVAN platform and staking partners, the annualized staking rewards could reach approximately $421 million, assuming the same 2.62% yield. How is ETH acting as a catalyst? Here, Bitmine's Tom Lee has also given enough credit to the price of ETH behind this achievement. Source: Bitmine According to the chart shared by BitMine, ETH had gained approximately 65.2% since the 30th of June, compared with 52.2% for Solana and 36.3% for Bitcoin over the same period. At the same time, Ethereum had also outperformed the S&P 500 by 6,519 basis points during the quarter to date. Remarking on which, Lee added, To us, this massive outperformance of ETH in 3Q26 is viewed as a prelude to a potentially stronger up move in the 4th quarter of 2026. Lee is particularly optimistic about Ethereum’s performance in the Q4, as he argues that ETH’s strong Q3 performance could precede another move higher in Q4. BMNR stock rides the boat At the same time, BitMine’s stock-market activity is also booming, as it was trading at $28.25 at press time, up by 8.84% in a single trading session. This has also pushed BMNR stock to rank 100th among 5,704 U.S.-listed stocks. Source: Bitmine This comes as the company recently replaced its 10-year staking agreement with Ethereum Tower with a new deal with American Validator, reducing the revenue-sharing fee to 1.50% of staking rewards. Final Summary Bitmine’s ETH stack has reached 5,983,940 ETH, representing approximately 4.9% of Ethereum’s total available supply. Lee's optimistic Q4 outlook for ETH has ignited fresh hopes that Bitmine would soon touch its initiative of Alchemy of 5%.](https://ambcrypto.com/wp-content/uploads/2026/09/FI_QB.CN_BITMINE_22-09-2026.webp)
