# HBAR’s Oct. 16 Close Was 18.6% Below Oct. 1 Close as Token Trades at $0.0829 By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/34058 Published: 2026-10-17T14:38:34.000Z Updated: 2026-10-17T14:38:34.000Z Section: Investing > HBAR was down 4.64% over the 24 hours before the Oct. 17 snapshot. That change covers a different period from the daily-close comparison. Hedera (HBAR) traded at $0.0829 at 8:25 a.m. ET (12:25 UTC) Oct. 17, after its Oct. 16 UTC daily close came in 18.6% below the Oct. 1 close. HBAR’s Oct. 16 UTC daily close was $0.0835, compared with $0.1026 on Oct. 1. At the Oct. 17 snapshot, the token was down 4.64% over the prior 24 hours. The closing-price comparison and the 24-hour change cover different periods. Bollinger Bands place prices within a recent volatility range. HBAR was near the lower band, but that position alone does not establish that a reversal has started. A prior [HBAR analysis]() considered a conditional recovery scenario tied to Bitcoin. ## Links in this article - [HBAR analysis](https://www.tokenpost.com/news/investing/32559)