2024

Hedera

when

Gains

<p>HBAR, the native cryptocurrency of the enterprise-grade blockchain network Hedera, has witnessed a strong surge of 32% over the past week. In the last 24 hours, the Hedera (HBAR) price is up by another 9$ moving past $0.11 with trading volumes shooting 26% above $300 million.</p>
<h3 id="hedera-price-bullish-on-all-technical-indicators">Hedera Price Bullish on All Technical Indicators</h3>
<p>As per the crypto analyst Crypto Troll, the Hedera price is flashing bullish signs on several technical parameters. The analyst notes that the trading volumes for HBAR have surged by a staggering 1000% in the last three days indicating strong investors’ demand.</p>
<p>Crypto Troll (NOT!) also highlighted various technical indicators signaling bullish momentum for HBAR. In his tweet, he expressed confidence, saying, “I believe there’s a high probability that $HBAR will surge to $0.30 within the next 2-3 weeks. Indicators such as MACD, Stoch RSI, RSI, Williams %R, and Awesome Oscillator are all indicating an upward trajectory.”</p>
<figure id="attachment_182055" aria-describedby="caption-attachment-182055" style="width: 100%" class="wp-caption aligncenter"><img decoding="async" class="size-full wp-image-182055" src="https://coingape.com/wp-content/uploads/2024/02/Hedera-HBAR-Price-Rally.jpeg" alt="" width="1281" height="579" srcset="https://coingape.com/wp-content/uploads/2024/02/Hedera-HBAR-Price-Rally.jpeg 1281w, https://coingape.com/wp-content/uploads/2024/02/Hedera-HBAR-Price-Rally-300x136.jpeg 300w, https://coingape.com/wp-content/uploads/2024/02/Hedera-HBAR-Price-Rally-1224x553.jpeg 1224w, https://coingape.com/wp-content/uploads/2024/02/Hedera-HBAR-Price-Rally-768x347.jpeg 768w, https://coingape.com/wp-content/uploads/2024/02/Hedera-HBAR-Price-Rally-150x68.jpeg 150w" sizes="(max-width: 1281px) 100vw, 1281px">
 <figcaption id="caption-attachment-182055" class="wp-caption-text">
  Courtesy: <a rel="noopener noreferrer nofollow" href="https://twitter.com/OCryptoTroll/status/1760224288454386158" target="_blank">Crypto Troll</a>
 </figcaption>
</figure>
<h3 id="outlook-for-2024">Outlook for 2024</h3>
<p>Analysts are quite bullish for Hedera as we proceed into 2024 with some also believing that the <a href="https://coingape.com/blog/hbar-price-hbar-smashed-new-ath-will-the-rally-continue-to-1/" target="_blank" rel="noopener noreferrer nofollow">HBAR price</a> will cross its previous all-time highs and reach $1 this year.</p>
<p>By 2025, the anticipated strategic partnerships are poised to play a crucial role in shaping HBAR’s path forward, offering the potential to expand its ecosystem and increase its utility across diverse sectors.</p>
<p>These partnerships are anticipated not only to widen HBAR’s scope but also to solidify its position as a frontrunner in the cryptocurrency space.</p>
<p>Hedera’s governance model and dedication to environmental sustainability add further strength to HBAR’s attractiveness. By tackling key challenges confronting blockchain technology, such as energy usage and effectiveness, Hedera demonstrates its leadership and progressive mindset.</p>
<p>Many crypto enthusiasts perceive HBAR as possessing robust long-term potential when compared to other networks. Attributes such as speed, security, and scalability are cited as key factors that set HBAR apart from competitors like SOL, FLUX, MINA, QUANT, and ALGO.</p>
<p>The post <a href="https://coingape.com/hedera-hbar-price-gains-32-over-last-week-is-1-coming-in-2024/" rel="noopener noreferrer nofollow">Hedera (HBAR) Price Gains 32% Over Last Week, Is $1 Coming In 2024?</a> appeared first on <a href="https://coingape.com" rel="noopener noreferrer nofollow">CoinGape</a>.</p>

Hedera (HBAR) Price Gains 32% Over Last Week, Is $1 Coming In 2024?

Table of Contents

Coingape News Media

Other articles published on Feb 23, 2024

A Complete Guide For Beginners On Sora; A Crypto Empowering DeFi

Block Inc Records Impressive Surge in Bitcoin Sales via Cash App

Why do USDC (USDC) holders all add Pushd (PUSHD) market place to portfolios while Chainlink (LINK...

Blockchain’s Fate in the Doldrums as EV Markets Face Slow Growth

Aave Joins Binance’s BNB Chain Ecosystem – Here’s How Users Benefit

Reddit adds Bitcoin and Ethereum as retail interest in crypto fuels Bitbot’s presale

Join our free newsletter for daily crypto updates!