- Bullish HBAR price prediction may reach $10 in 2022
- HBAR may reach the bullish price of $.58 in no time
Important: This Hedera (HBAR) price prediction 2022 is purely based on the writer’s knowledge in technical analysis alone. Price analysis articles of other platforms may use different technical analysis signals and indicators that may influence their Hedera (HBAR) price forecast outcome differently. Hence, we strongly suggest to do your own research before buying Hedera (HBAR).
The crypto space is now getting to its feet once again from its bearish dip in the past months. To be specific, the whole market capitalization of the market amounts to almost $2 trillion with a growth rate of +1.1% in the past 24 hours, at the time of writing.
Hedera (HBAR) is one of the digital assets in the ecosystem that has been seen to move aggressively lately. In fact, the crypto was able to maintain a 24 hour trading volume of more than $43 million. With this, we can say that HBAR continues to be supported by big communities in the space.
Can HBAR reach $10 in 2022? Are you already curious to know? But before we proceed to our HBAR prediction, let us know first “What is HBAR?” in this HBAR prediction 2022 article.
Hedera (HBAR) Overview (At the time of writing)
What is Hedera (HBAR)?
Hedera (HBAR) is a crypto asset that uses blockchain technology to run its network technology. It is a decentralized public network where developers can build secure applications with near real-time consensus.
Hedera also acts as a trust layer for any application or permissioned network and enables the creation of an immutable and verifiable log of messages. These messages are submitted to the
Hedera network for consensus with a trusted timestamp.
Now that we already have an idea about Hedera (HBAR), do you think Hedera (HBAR) will be beneficial crypto in 2022? Therefore, what are we waiting for? Let us see the charts in this Hedera (HBAR) price prediction.
Hedera (HBAR) Price Prediction 2022
Based on the graph above, Hedera (HBAR) continues to maintain its bullish position above the trading price of $.2. This position of the crypto is made possible due to the aggressive performance of HBAR in the past months. In addition, HBAR is also seen to create a long term ascending triangle, a bullish indicator. If this trend continues, HBAR may start the year with a better structure to strengthen its foundation towards the skyrocketing price of over $.47.
Furthermore, the crypto also recorded a monstrous growth rate of almost +2000% in the past four months. If HBAR will be able to create an aggressive pump like this in the future, the HBAR community and its investors may be able to experience a price jump beyond expectation. In detail, the price of HBAR may reach an unbelievable price of over $10. Yes, you read it right. $10 per crypto asset.
But of course, the price forecast of the crypto still depends on the performance of the bullish market and the behavior of its investors in the network.
On the other hand, the crypto’s Relative Strength Index (RSI) is still within the 70/30 range. In short, Hedera is neither overbought nor oversold. This means that users can trade with confidence without the fear of any major price reversal. However, if the price of Hedera goes beyond the 70/30 range again, it will be a different story.
Nevertheless, it is wise that traders stick to the rules of the indicator that they are using. Through this, traders can have a solid strategy on how to deal with the wild swing of the crypto market.
Other Market Prediction for Hedera (HBAR) in 2022
Digitalcoin is one of the trusted names in the crypto world, as the firm claims. This is because it has already established accurate cryptanalysis and the latest news stories over time. For this reason, the 2022 forecast of Digitalcoin for HBAR amounts to $0.36.
By using their latest technical analysis, the platform updates its network prices and predictions every three minutes. For this reason, the 1-year forecast of Wallet Investor for HBAR amounts to $0.025.
Market Prediction for Hedera (HBAR) Price 2022, 2023, 2024 and 2025
Hedera (HBAR) price prediction 2023 is up to $0.37 (estimated)
Hedera (HBAR) price prediction 2024 is up to $0.49 (estimated)
Hedera (HBAR) price prediction 2025 is up to $0.65 (estimated)
Hedera (HBAR) price prediction 2026 is up to $0.46 (estimated)
Hedera continues to be one of the aggressive and solid digital assets in the crypto space. Therefore, the conclusion for the Hedera (HBAR) price prediction in 2022 amounts to $0.58. However, this forecast still depends on how the market will treat HBAR in the future.
Hedera is one of the iconic networks in the crypto space. It is the world’s first pure of stake foundation blockchain created for the future of finance. Through this, we can say that Hedera has the potential to be a good investment in the next months of the year.
The price status of Hedera depends on many different factors, one of which is the current market situation. If Hedera is able to invite more traders and stakers to the platform, there is a big chance that the price of Hedera will go higher.
The crypto market is very unpredictable due to volatility. Any crypto in the space cannot evade these wild market swings of the market. One factor to consider is the massive dumping of tokens made by the whales in the Hedera, an event that is very uncontrollable.
The Hedera crypto is one of the most iconic projects in the space. The HitBTC exchange is one of the famous crypto exchanges supporting HBAR crypto.
Yes, HBAR is a crypto that uses blockchain technology
Disclaimer: The views and opinions in this article belong to the writer alone and they do not necessarily reflect the position of CryptoNewsLand (CNL). No information in this article, whether express or implied, should be taken as financial advice. Remember that investing in cryptocurrency poses significant risks to your asset. Hence, CNL strongly recommends all readers to perform their own in-depth research before investing in cryptocurrency.
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