Hedera Price Prediction for Today, December 18 – HBAR Technical Analysis

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Hedera (HBAR) has proven spectacular progress, climbing 130% previously month to succeed in $0.30. Its enterprise-grade blockchain and partnerships with giants like Google and IBM gas market confidence. As momentum builds, HBAR eyes a possible rally towards its current excessive of $0.39.

HBAR Key Statistics

Present Value: $0.30
Market Cap: $11.6 billion
Buying and selling Quantity (24h): $1.51 billion
Circulating Provide: 38.2 billion HBAR
Complete Provide: 50 billion HBAR
CoinMarketCap Rating: #18

HBAR has gained 2.93% over the previous 7 days, showcasing regular progress. Within the final month alone, it has surged by a formidable 130%, highlighting robust momentum. This efficiency displays elevated market curiosity and potential bullish sentiment surrounding the token.

HBAR/USD Market

Key Ranges

Resistance: $0.35, $0.39, $0.45
Assist: $0.27, $0.19, $0.06

HBARUSD – Day by day Chart

Analyzing the HBARUSD each day chart, Hedera has exhibited a notable uptrend in current months, consolidating close to the $0.30 area. Ought to bullish momentum persist, the primary resistance stage to look at is at $0.35, aligned with the higher Keltner Channel. A break above this level might open the trail to $0.39, the current excessive, adopted by an prolonged resistance at $0.45, marking a possible continuation of the upward trajectory. Nevertheless, a failure to breach the $0.35 mark might result in stagnation and a short-term reversal.

On the draw back, quick help rests at $0.27, the place the center Keltner Channel acts as a dynamic baseline. Ought to promoting stress intensify, HBARUSD might check the $0.19 stage, a psychological help that aligns with the decrease band of the Keltner Channel. A breach beneath this zone might expose the asset to additional draw back threat towards $0.06, reflecting prior accumulation zones. Merchants ought to monitor RSI divergence carefully—whereas the indicator stays above 60, any bearish divergence indicators might recommend waning bullish momentum.

Can HBAR Revisit Its $0.39 Excessive?

Hedera (HBAR) is eyeing a possible rally again to its current peak of $0.39 as market sentiment surrounding the undertaking improves. Hedera’s enterprise-grade blockchain continues to draw consideration as a result of its high-speed transaction capabilities and low vitality footprint. With partnerships spanning industries like provide chain administration and decentralized finance (DeFi), HBAR has carved a novel area of interest within the crypto area. Technical indicators recommend rising momentum, with its present value consolidating close to essential help ranges.

Hedera (HBAR): Extra Technical Insights

On the elemental entrance, Hedera’s Governing Council, which incorporates main corporations like Google, IBM, and LG, bolsters traders’ confidence. Moreover, the platform’s adoption for tokenization tasks and carbon offsets has positioned it as a sustainable blockchain answer. With market situations exhibiting indicators of restoration, might HBAR’s fundamentals and technical momentum align to push it again towards $0.39 and past?

HBAR/BTC Efficiency Perception

The HBARBTC each day chart reveals a powerful upward pattern after a chronic interval of consolidation, with the worth presently buying and selling close to 0.00000287. The sharp breakout above the Keltner Channel (KC) midline in November led to a big value surge, hitting a excessive of 0.00000409. The Keltner Channel bands proceed increasing, signaling volatility and bullish momentum. RSI divergence recognized bullish indicators earlier, significantly in September and October, which coincided with the worth reversal. Presently, the RSI stands at 58.24, indicating a average bullish bias however suggesting a possible cooldown as momentum stabilizes. Key help lies close to 0.00000267, whereas resistance stays at 0.00000339 and the current excessive of 0.00000409.

Hedera Price Prediction for Today, December 18 – HBAR Technical Analysis — HBARBTC – Day by day Chart

On X, well-liked investor Shawn shared that NVIDIA and Intel have partnered with $HBAR’s EQTY Lab to allow verifiable compute for superior AI programs. The system, which operates on Hedera governing council member Dell’s servers, permits corporations to discover new functions of Meta’s LLAMA fashions. Shawn implied that this partnership positions HBAR as a powerful contender in opposition to $RNDR within the crypto and GPU compute area, marking a big step for HBAR’s potential in AI-driven blockchain improvements.

BREAKING: NVIDIA and Intel companion with $HBAR EQTY Lab to allow verifiable compute for superior AI programs

The system is operating on Hedera governing council member Dell‘s servers and allows corporations to leverage Meta LLAMA fashions in new methods.
$RNDR simply discovered its first… pic.twitter.com/RBfJwqp1FP

— Shawn (@oroogle) December 18, 2024

Options to HBAR

Hedera Community, famend for its progressive expertise and strategic partnerships, has solidified its place as a prime 20 cryptocurrency with its native token, HBAR. Because the cryptocurrency panorama continues to evolve, rising tasks like Wall Avenue Pepe ($WEPE) are gaining vital traction. Regardless of market volatility, $WEPE has efficiently raised $31.4 million throughout its presale section, demonstrating robust investor confidence at a value level of $0.0003649.

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Wall Avenue Pepe Is Turning into The Greatest Promoting ICO Meme Coin Of All Time

The undertaking’s rising momentum is clear within the growing on-line presence of the “WEPE Military” on Twitter. Moreover, over 4.7 billion $WEPE tokens have been staked, providing a lovely annual yield of 167%. As improvement progresses, Wall Avenue Pepe is poised to carve out a distinct segment out there by combining its trader-focused ecosystem with its distinctive model identification.

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