All articles tagged with #hedera
Hedera's HBAR token has surged over 10% amid record trading volumes and increased whale participation, driven by a new AI partnership with Accenture and EQTY Lab that enhances real-world adoption. The token approaches its key resistance at $0.401, with technical and on-chain momentum supporting a potential breakout, though some hesitation remains among traders.
Cryptocurrencies XRP, Chainlink, and Hedera have seen significant price increases, driven by speculation and momentum in the market. XRP's rise is linked to hopes of a more crypto-friendly regulatory environment under a potential second Trump administration, while Chainlink's growth is fueled by its adoption in Europe's tokenized securities market. Hedera's surge is attributed to large holders accumulating the token and speculation about potential SEC leadership changes. The current crypto bull run is reminiscent of late 2021, with investors driven by fear of missing out.
Hedera's HBAR token has surged by 38% over the past week, reaching a price of $0.205, but signs suggest a potential price correction. Despite the recent rally, indicators such as a declining trading volume, a bearish Fear and Greed Index, and a high Relative Strength Index suggest that HBAR could drop to a support range of $0.142 to $0.128. The market's extreme greed position and increased short positions further indicate a possible bearish trend reversal.
Hedera (HBAR) is experiencing a significant bull run, with its price increasing by over 250% from a low of $0.041 to $0.15, and is now targeting the $0.20 mark. The altcoin has shown strong bullish patterns on both weekly and 4-hour charts, supported by positive MACD crossovers and EMAs. The current trend suggests potential for further gains, although a reversal at the 23.6% Fibonacci level could lead to a retest of $0.1186. Investors are advised to conduct thorough research before making decisions.