Mathisen Marketing

Your Marketing Blog

Hedera Hashgraph(HBAR) to Move Significantly by 90% Soon.

Hedera Hashgraph(HBAR) to Move Significantly by 90% Soon.

As an affiliate, we may earn from qualifying purchases. We get commissions for purchases made through links on this website.

Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase

The sleeping giant of the cryptocurrency market, Hedera Hashgraph, was expected to rise by a large margin as the market turned to the upside. HBAR is up 1.05% in the last day and is at $0.058256. It is one of those coins that contains strong long-term technicals, significant participants and investors.

Prices have fluctuated historically, and different volumes have been seen at different levels. The relative strength index has remained stable between levels 30 and 70. It is seen to drop below the level and reach 25, indicating that the asset has been sold for less than it is worth and is likely to rise in price. RSI is expected to rise.

The RSI shows a 2% gap between $30.82 and $32.95. Looking at the daily difference, we can see that we are approaching $36.73. The important value to search is $0.069. Prices can be seen falling by $0.06 to a base amount of $0.051.

Although the price currently appears to be stuck between the 200-day and 50-day MAs, which act as resistance and support levels. An upcoming price event can determine the next possible move for the asset, as a move above the 200-day MA may attract bulls, if not, bears may drag the price below the 50-day MA to $0.05.

The HBAR price is expected to rise decisively, which is comparable to the original $0.064. This suggests an 85-90 percent movement. The hourly time frame reveals more of the difference. The two lows, currently trading at $0.057, are expected to rise again in the short-term, rising to the trendline at $0.085 before falling back to $0.076.

Was this article helpful?


[ad_2] Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase
Source link

Leave a Reply

Your email address will not be published.

Latest Posts

  • Compound (COMP) Spikes 18%: Ascending Triangle Pattern in Play

    Compound (COMP) Spikes 18%: Ascending Triangle Pattern in Play

    Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase Join us Telegram channel to keep up to date with the latest news Even though the developers of Compound launched Compound Treasury, which allows institutions to lend using their digital tokens as collateral, Compound (COMP) coin was unable to stop […]

    Read More

  • Bitcoin Heading Towards Full Detox of Speculative Interest: Glassnode

    Bitcoin Heading Towards Full Detox of Speculative Interest: Glassnode

    Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase Bitcoin’s move above the desired psychological level of $20,000 came after a nearly 10% gain in the past 24 hours. This was followed by a mass profit-taking session as traders anticipating the threshold started selling their bags, according to Santimenti […]

    Read More