Hedera

Elite

The Graph

Rekt

<p>The Graph and Hedera – two projects emerging in the crypto world right now As the markets ebb and flow, elite analysts are watching these assets like hawks. One of the sharpest technical minds out there, Rekt Capital, has just <a href="https://newsletter.rektcapital.co/altcoin-newsletter-168/" target="_blank" rel="noopener noreferrer nofollow">dropped</a> a fresh analysis on GRT and HBAR</p>
<p>Starting with The Graph (GRT), Rekt Capital has been closely monitoring its performance since late November 2023, when it was on the verge of breaking out from a macro Ascending Triangle pattern. According to his analysis, GRT successfully traversed the entire red-red macro range, spanning from $0.15 to $0.37, after confirming the breakout and subsequent retest of the pattern’s top.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="723" src="https://captainaltcoin.com/wp-content/uploads/2024/03/image-667-1024x723.png" alt="" class="wp-image-453125" srcset="https://captainaltcoin.com/wp-content/uploads/2024/03/image-667-1024x723.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-667-300x212.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-667-767x541.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-667-1536x1084.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-667-2048x1445.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-667-213x150.png 213w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-667-100x71.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-667-496x350.png 496w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-667-788x556.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-667.png 1794w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>Rekt Capital notes that GRT is currently attempting to break out from this range, aiming to reclaim and old resistance level, similar to how it previously confirmed the Range Low as new support.</p>
<p>He highlights the similarity between GRT’s current retest of the Range High and the potential formation of a re-accumulation range, indicating potential consolidation phase before the next move. (Note: GRT is currently trading around $0.40)</p>
<p>On the other hand, Hedera (HBAR) has taken a different path, according to Rekt Capital’s analysis. Initially, he identified HBAR’s historical support area (red), which coincided with the multi-year Higher Low support trendline (green).</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="713" src="https://captainaltcoin.com/wp-content/uploads/2024/03/image-669-1024x713.png" alt="" class="wp-image-453141" srcset="https://captainaltcoin.com/wp-content/uploads/2024/03/image-669-1024x713.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-669-300x209.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-669-767x534.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-669-1536x1069.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-669-2048x1426.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-669-215x150.png 215w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-669-100x70.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-669-503x350.png 503w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-669-788x548.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-669.png 1850w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>After rebounding from this Bear Market Bottom region, HBAR formed a macro wedging structure (blue), with the base of the pattern being the multi-year Higher Low trendline support. Retesting the top of this blue wedging structure was crucial for confirming the breakout, which HBAR successfully accomplished over time.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="723" src="https://captainaltcoin.com/wp-content/uploads/2024/03/image-668-1024x723.png" alt="" class="wp-image-453133" srcset="https://captainaltcoin.com/wp-content/uploads/2024/03/image-668-1024x723.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-668-300x212.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-668-767x541.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-668-1536x1084.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-668-2048x1445.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-668-213x150.png 213w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-668-100x71.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-668-496x350.png 496w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-668-788x556.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-668.png 1794w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>Rekt Capital emphasizes that HBAR needs to retest the black $0.11 level as support to rally via the black pathway. Historically, clearing this $0.11 level has enabled tremendous upside for HBAR. After a successful retest of this level as support, HBAR would face two major resistance areas above (green), potentially forming a re-accumulation range between them in the mid to long-term. (Note: HBAR is currently trading around $0.11)</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Explosion in Meme Coin Market; How to find potential successors to $BONK, $PEPE, and $WIF? <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p>The key? Getting in early, especially during the <strong>ICO phase</strong>. Check out <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>NuggetRush</strong></a> today! This pioneering memecoin combines play-to-earn gaming with authentic gold mining ventures. <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>Seize the opportunity</strong></a> with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p>In the short-term, the question remains whether HBAR needs to undergo further downside wicking towards the red region, which acted as resistance previously, forcing a retest of the top of the blue pattern (yellow circle). Alternatively, a retest of the black $0.11 level as support could be sufficient for HBAR to gear itself up for further upside in what is now a confirmed new macro uptrend since breaking out from the blue pattern.</p>
<p>In conclusion, both The Graph (GRT) and Hedera (HBAR) are exhibiting intriguing price movements, as analyzed by the esteemed Rekt Capital. While GRT appears to be on the verge of a potential breakout from its macro range, HBAR is navigating through a critical support retest phase, with the potential for significant upside if it successfully clears this hurdle.</p>
<p>You may also be interested in:</p>
<ul>
 <li><a href="https://captainaltcoin.com/why-bitcoin-btc-price-could-reach-1-million-this-year-or-the-next/" target="_blank" rel="noopener noreferrer nofollow">Why Bitcoin (BTC) Price Could Reach $1 Million This Year or the Next</a></li>
 <li><a href="https://captainaltcoin.com/is-maker-mkr-poised-for-correction-amidst-upcoming-launch-bullish-whale-bets-vs-technical-warning-signals/" target="_blank" rel="noopener noreferrer nofollow">Is Maker (MKR) Poised for Correction Amidst Upcoming Launch? Bullish Whale Bets vs. Technical Warning Signals</a></li>
 <li><a href="https://captainaltcoin.com/binance-coin-bnb-investors-join-new-0-0018-altcoin-predicted-1000-growth/" target="_blank" rel="noopener noreferrer nofollow">Binance Coin (BNB) Investors Join New $0.0018 Altcoin Predicted 1000% Growth</a></li>
</ul>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-nuggetrush-nugx-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check NuggetRush ($NUGX)</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy NUGX Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/elite-analyst-explains-the-graph-grt-and-hedera-hbar-price-movements-heres-his-outlook/" rel="noopener noreferrer nofollow">Elite Analyst Explains The Graph (GRT) and Hedera (HBAR) Price Movements – Here’s His Outlook</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Elite Analyst Explains The Graph (GRT) and Hedera (HBAR) Price Movements – Here’s His Outlook

목차

CaptainAltcoin

2024년 3월 15일에 게재된 다른 기사

Cybersecurity breach rocks Binance-backed NFPrompt, losses reported

Grayscale Seeks to Convert Ethereum Trust into an ETF as SEC Decision Looms

DOT, AVAX holders gravitate toward Pushd

Bitdeer is among the most ‘cost-effective’ Bitcoin miners — Benchmark

Here’s Why PEPE and FLOKI Meme Coins Prices Are Plunging

Prediksi Bull Run 2024: Solana (SOL) dan Ethereum (ETH) Cetak Volume Perdagangan Luar Biasa, Furr...

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!