Hedera Hashgraph prediction as price reclaims the $0.074 level

2022-8-13 00:20

Hedera Hashgraph is a smart contract platform that uses an algorithm for fast transactions

HBAR has reclaimed the $0.074 level after 10% gains in the week

HBAR could consolidate, but $0.074 remains the reference support

Hedera Hashgraph HBAR/USD has surged by more than 10% in the past 7 days. The gains have propelled the token to higher levels, reclaiming a major resistance. If trading HBAR, it is important to watch key levels where the price may face indecision.

Hedera Hashgraph is a blockchain that promises to deliver secure and fast transactions. The blockchain aims to achieve the objective through a distributed consensus algorithm. Hedera also seeks to enable anyone to deploy applications on the platform for true decentralization.

Hedera Hashgraph may not be the strongest cryptocurrency this year. Since bottoming at $0.06 in mid-July, it has been making very slow gains. That is despite most other cryptocurrencies staging strong recoveries. Nonetheless, recent recoveries may be a tip of what is about to come for the token.

Hedera Hashgraph begins recovery, but momentum is weak

Source – TradingView

From the daily chart outlook, the 21-day and 50-day moving averages have joined a support for HBAR. The 21-day MA has closed above the 50-day MA as bullish momentum builds. The MACD indicator also points to building momentum. The price is well supported above $0.074, suggesting that HBAR has set new reference support. The token is moving along an uptrend.

Concluding thoughts

If considering buying HBAR, the $0.074 should be the reference level. Nonetheless, with the weak momentum, the token could continue to consolidate. Consequently, HBAR is not the best token for short-term buyers. Dip and long-term buying are recommended.

If HBAR keeps $0.074 intact, the next levels to watch are $0.10 and $0.15. The cryptocurrency could also face some resistance at $0.09.

The post Hedera Hashgraph prediction as price reclaims the $0.074 level appeared first on CoinJournal.

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Hedera Hashgraph (HBAR) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.0591939
Капитализация $0 Rank 99999
Цена в час новости $ 0.0834999 (-100%)

hedera hashgraph 074 reclaims level price prediction

Источник: coinjournal.net

hedera hashgraph → Результатов: 126


LG могут запустить криптокошелек на базе Hedera Hashgraph

Южнокорейский технологический гигант LG Electronics готовится в третьем квартале 2022 года выпустить криптовалютный кошелек Wallypto на базе сети Hedera Hashgraph. Об этом сообщает News1. В августе корпорация начала бета-тестирование приложения в качестве последнего этапа проверки.

2022-9-2 12:57


Фото:

СМИ узнали о планах LG выпустить криптокошелек на базе Hedera Hashgraph

Южнокорейский технологический гигант LG Electronics готовится в третьем квартале 2022 года выпустить криптовалютный кошелек Wallypto на базе сети Hedera Hashgraph. Об этом сообщает News1.

2022-9-2 18:06


Ubisoft войдет в управляющий совет Hedera Hashgraph

Издатель видеоигр Ubisoft и стоящая за развитием экосистемы Hedera Hashgraph некоммерческая организация HBAR Foundation заключили партнерство с целью поддержки роста сети и запуска в ней игр нового поколения.

2022-2-3 18:14


DBS Bank вошел в управляющий совет Hedera Hashgraph

Крупнейший банк Сингапура DBS Bank первым в Юго-Восточной Азии присоединился к управляющему совету корпоративной блокчейн-сети Hedera Hashgraph. The post DBS Bank вошел в управляющий совет Hedera Hashgraph first appeared on ForkLog.

2021-10-28 16:37


Лондонская школа экономика вошла в управляющий совет Hedera Hashgraph

Студенты и преподаватели Лондонской школы экономики и политических наук смогут улучшить свои знания о блокчейне в рамках партнерства университета с Hedera Hashgraph.

2021-8-20 14:53


Boeing вошел в управляющий совет корпоративной блокчейн-сети Hedera Hashgraph

Крупнейший аэрокосмический концерн Boeing вступил в управляющий совет корпоративной блокчейн-сети Hedera Hashgraph. Как пишет CoinDesk, компания стала десятым членом совета, присоединившись к FIS Global, Tata Communications, Nomura Holdings, IBM и другим его участникам.

2019-8-30 11:53


Hedera Hashgraph Adds Industry Vet Brett McDowell As Founding Executive Director

Brett McDowell, The Ex-PayPal Security Advisor, Has Joined Hedera Hashgraph The Hedera Hashgraph, one that has been considered to be the next generation public ledger, one that has been designed to have highly diversified governance together with the most distributed consensus if we are to look at scale has just made an announcement. The company […]

2019-2-28 21:09


Фото:

Legal Analysis: Can Patent Law Protect Hedera Hashgraph?

Hedera Hashgraph began life as an algorithm. But over the years since 2015 it morphed into a leviathan, raising around $100M on a $6bn valuation from institutional and accredited investors. After launch, it will be almost entirely independent from founding parent Swirlds, which is now one of the members of the Hedera Council and will […] The post Legal Analysis: Can Patent Law Protect Hedera Hashgraph? appeared first on Crypto Briefing.

2018-9-12 17:15


Фото:

Hedera Hashgraph Raises $100 Million; Seeking Another $20 Million via Crowdsale

The Hedera Hashgraph alternative blockchain platform has successfully raised $100 million through a future token sale targeted at institutional investors. As first reported by VentureBeat on August 1, 2018, the Hedera Hashgraph team is primed to use the funds to develop a new distributed public ledger that would be faster, more secure, and more efficient, than current blockchain systems.

2018-8-4 12:00


Стартап Hedera Hashgraph привлек $100 млн на развитие блокчейн-платформы

Блокчейн-стартап Hedera Hashgraph завершил новый раунд финансирования, собрав $100 млн долларов на дальнейшее развитие распределенной сети и экосистемы децентрализованных приложений. BREAKING NEWS: Hedera Hashgraph raises $100M to further develop #DLT network and dapp ecosystems.

2018-8-2 12:55


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HBAR price prediction as Hedera Hashgraph coin jumps

Hedera Hashgraph (HBAR) price jumped on Sunday as Bitcoin and other major cryptocurrencies continued consolidating. It rose to a high of $0. 064, the highest point since April 20th. In all, the coin has risen by over 8.