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Crypto News

This merchant makes a shock in HEDERA prices (HBAR) – Top Crypto to buy?

The HEDERA price was somewhat good during recent market accidents. HBAR fell about 50 % of its local height at $ 0.375 determined in January.

Most other altcoins is more than 50 %, so HBAR holders should be reasonably satisfied, but what is the next? Analyst ‘WSB Trader Rocko’, who has more than 47,000 followers on X, has published a prediction of Hedra Verusian prices.

Hbar graph analysis

The HBAR chart highlights a strong resistance area around a range of $ 0.26 – $ 0.30. This region has previously worked as a distribution area where the price faced the rejection several times. Similar resistance patterns were seen in early 2021 and in the middle of 2011 with both major declining corrections.

The HBAR price is currently trading at $ 0.195, so it is still struggling to storm the resistance area. Despite the recently decent assembly, HEDERA has not confirmed after a decisive occurrence over this main area. If HBAR is able to penetrate and retain the resistance of 0.26-0.30 dollars, the previous pattern of Bitcoin may follow and enter the price detection mode.

The decisive weekly closure above the resistance will be a bullish confirmation indication of merchants. However, with low sizes on the current market, this does not seem likely.

The RSI index appears near the excessive peak levels, indicating that there may be a correction or unification before a possible outbreak. There was a noticeable increase in trading volume with the price approaching the resistance, and the average movement for 50 weeks (shown by the green line) heading up, which supports the total bullish momentum.

If the rejection occurs in the resistance area, the main support levels that must be monitored are a scope of $ 0.15 – $ 0.16, which was a previous unification zone, and the area of ​​0.12 – 0.14 dollars, which was historically a strong demand area.

(United Nations) The real prediction of the HBAR price

Tweets indicate that HBAR’s current basic procedure is similar to Bitcoin after $ 70,000. Before Bitcoin’s huge step, it faced multiple rejection operations with resisting $ 60,000 and $ 70,000. Once this area finally turned its support, it entered the price discovery situation and reached new levels.

HBAR appears to be at a similar stage, trying to fracture above a major multi -year resistance level. If HBAR follows the Bitcoin structure, we may see an outbreak exceeding $ 0.30, followed by a resistance re -testing as support, which may increase the prices of mitigations towards its highest new levels.

It includes a “$ 5” tweet as a goal, which means a very upward look. If the HEDERA price will reach 5 dollars, this will represent an increase of 2500 % over its current price of $ 0.195. Such a step is likely to require HEDERA, strong total conditions in Altcoin Market, and operating a major equivalent bull similar to those seen in previous market courses.

Beyond HEDERA: What is the best encryption for purchase now?

If you are looking for encryption in the early stage, Solaxy may be the solution. Solaxy’s Solx is currently one of the most important precedents In the encryption market, after collecting more than 26.3 million dollars so far. If you are looking for a potentially valuable encryption, this project may be worth searching. The distinctive symbol is priced at only $ 0.001664, while scheduling the increases every 48 hours before launch in the coming weeks.

Solaxy works as a 2 layer solution designed to solve congestion problems in the Solana network. It deals with transactions on a secondary chain, making everything faster and cheaper for users.

The platform transmits most of the activity away from the main series of Solana to reduce traffic during crowded times, such as when each of the Meme commercial currencies. It defines multiple transactions together for efficiency and works with both Solana and Ethereum, so that users can transfer assets between these common networks.

Transactions occur on the Solaxy series first before settling on Solana, giving users security advantages without crowding issues. This relationship between Solana and Ethereum allows users to take advantage of network strengths.

Solx Code The entire ecosystem is paid with a total supply of 138.046 billion. Through her strong pre -performance and practical approach to solving real Blockchain problems, Solaxy has caught the attention of many encryption fans looking for a new altcoins.

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Also read: The best low cost cost is less than $ 0.05 with 1000x growth

Responsibility: Captainaltcoin does not support investment in any project mentioned in this article. Caution and do a comprehensive research before investing your money. Captainaltcoin does not bear any responsibility for its accuracy or quality. This content did not write Captainaltcoin. We advise readers to do their comprehensive research before interacting with any distinguished companies. The information provided is not financial or legal advice. Captainaltcoin or any third party does not recommend buying or selling any financial products. Investing in highly dangerous encryption assets. Consider the possibility of loss. Any investment decisions taken based on this content in the danger and leader of the reader. Captainaltcoin does not bear the responsibility for any damage or losses from using this content or dependence on this.

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