Hedera Falls To Critical Support Level: Can HBAR Rebound This September?
Hedera (HBAR) recently encountered a significant hurdle as it faced price rejection at a crucial weekly bearish order block. Currently hovering at the $0.0500 level, this juncture has emerged as a formidable obstacle for sellers looking to capitalize on the prevailing bearish sentiment. In a price report, it was revealed that HBAR’s funding rates have consistently remained in negative territory for the past few days. This bearish skew in the futures market further underscores the challenges HBAR faces in its price recovery. The current HBAR price, as reported by CoinGecko, stands at....
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Hedera Hashgraph, also known as HBAR, has been around for sometime now and has been on the radar for crypto tokens to look out. HBAR is looking to change up the crypto landscape and how we invest, and has a particularly unique approach. Lets take a look and dive into what’s going on with HBAR. Related Reading | Bitcoin ATM Stolen During Raid In Barcelona A Look Into Hedera Hashgraph’s New Grant For those who may not know, Hashgraph is a distributed ledger technology that has been described as an alternative to blockchains. The hashgraph technology is currently....
Hedera shows lots of potential, despite some major hiccups lately. Investors will be better equipped if they examine some key data before acquiring HBAR. Here’s a quick look at some important numbers: HBAR currently trades at $0.05798 Trading volume currently at $36.2 million Hedera circulating supply at 22.97% Hedera is a new and revolutionary open-sourced crypto network that utilizes a distributed ledger technology that is designed to allow both developers and users to use DApps. Related Reading: Polkadot Seeing Lots Of Development Activity – But Why Is DOT Stuck In The Cellar?....
HBAR’s price shows the market a glimpse of bullish hope as the price broke out of its long-range movement with strong volume. HBAR trades above key resistance as price breaks out of range holding above 8 and 20-day EMA. The price of HBAR eyes a recapture of $0.1 as key resistance was flipped into support with more buy orders. The price of Hedera Hashgraph (HBAR) has continued to show its strength as price trends with a key breakout from a downtrend range against tether (USDT). With the crypto market cap bouncing from its weekly low as the market continued to look promising, the....
According to a recent report by the online database platform Messari, the Hedera (HBAR) Network, an open-source, public blockchain governed by the Hedera Governing Council, has showcased significant growth in the face of a challenging crypto market during Q3 2023. Hedera Network Hits New Record With 99 Million Daily Transactions Per the report, Hedera Network’s transaction volume continued its upward trajectory, achieving a new record of 99 million daily average transactions in Q3 2023. This milestone marks the fifth consecutive quarterly increase in transaction activity, with the....
According to Messari, the performance of Hedera in the third quarter this year defied the prevailing market mood and is currently witnessing growth not seen on other protocols. DefiLlama claims that the protocol’s TVL increased by an impressive 137%. For comparison, Hedera’s quarterly network expansion occurred during a period when other networks were contracting. In addition to boosting the value of its native coin HBAR, this quarterly report also helped it do so in the past few days. As of this writing, HBAR is trading at $0.060236, down 3.7 percent in the last seven days,....