HBAR bulls cool down but mixed signs about price direction fog the road ahead. Hedera secures a strategic partnership leading to the on-boarding of another high-profile project. Hedera [HBAR] has been one of the most bullish cryptocurrencies so far in February 2023, during which it built on its January gains. This was unlike most topContinue reading “Hedera [HBAR] at a crossroads as these opposing metrics raise questions”
By Michael NderituSearch results for: hedera
Hedera onboards Dell as the latest member of its governing council. The market reacted positively, but HBAR was still unable to escape its press time range. On 7 February, Hedera [HBAR] confirmed that it secured tech giant Dell as its newest addition to its governing council. The latter already contains other industry heavyweights such asContinue reading “Hedera adds tech giant as council member: What does it mean for HBAR?”
By Michael NderituThe Hedera network saw a decline in transactions but growing activity. Negative sentiment and increased volatility were observed despite increasing volume and revenue. New data on 7 February revealed a decline of 53% in transactions on the Hedera [HBAR] network. However, this did not hamper the network’s growing activity. Ok, but what about YoY totalContinue reading “Hedera network activity grows despite declining transactions: What does it mean?”
By Saman WarisHedera’s DeFi sector has registered promising growth, despite the crypto winter. Of late, HBAR’s volatility increased by a great margin. Thus, making it a risky investment. Hedera Hashgraph made significant strides in the DeFi sector, according to a recent report by Messari. Despite the prolonged crypto winter, Hedera’s improvements in DeFi remained unscathed. Notably, theContinue reading “Can Hedera’s [HBAR] strong DeFi presence be the key to its resurgence?”
By Saman WarisHedera reveals a list of achievements it made in 2022 underscoring healthy growth. HBAR’s long-term outlook looks interesting but current price action is marked by indecisiveness. The Hedera blockchain’s 2022 community update is out and the results of the network’s performance are in. And for those interested in its performance and that of its nativeContinue reading “Hedera’s [HBAR] latest report highlights growth in these areas”
By Michael NderituDisclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion HBAR could aim at a critical overhead resistance level in the short term. Sentiment and Funding Rate was positive, which could bolster its uptrend momentum. Hedera [HBAR] posted over 20% gains on Saturday, 21Continue reading “Hedera’s funding rate, weighted sentiment were positive, is recovery likely?”
By Saman WarisHBAR saw a 100% increase in volume as stocks rose. HBAR’s recent price movement represents its highest in four months. The price of Hedera [HBAR] had its most significant upward swing since the cryptocurrency’s uptrend started. Its market capitalization increased by more than threefold in the last day. What else is the chain observing inContinue reading “Hedera [HBAR] prices increase as on-chain metrics rise… Details inside”
By Saman WarisHedera is set to tap into growth as the world pushes for more energy-efficient and environmentally friendly solutions. HBAR bulls put up a strong defense against the resurgence of sell pressure. The Hedera blockchain describes itself as the cleanest blockchain in terms of energy consumption. We saw a deep push for efficiency in 2022 andContinue reading “Why Hedera [HBAR] should be on your watchlist in 2023”
By Michael NderituHedera experienced its first technical glitch in 2023. HBAR bulls finally made an appearance as the market enjoyed a healthy recovery. This week has been quite an interesting one for the markets, but a mixed bag for Hedera [HBAR]. This is mostly because the network reported its first technical challenge of 2023, which disrupted someContinue reading “The low-down on Hedera’s node outage which disrupted dApp operations”
By Michael NderituDisclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion HBAR was in a neutral market position. A patterned breakout to the upside could target $0.0426. A break below $0.0387 would give the bears more leverage. Hedera [HBAR] posted an impressive rally over theContinue reading “Hedera [HBAR]: A likely patterned breakout could offer 7% gains if BTC…”
By Saman WarisIn the last 24 hours, HBAR has seen an uptick in the number of short-trading positions opened However, with low trading volume so far, short traders might lose out The intraday trading session on 3 January saw many traders bet against a rally in the prices of several altcoins, including Hedera [HBAR], data from SantimentContinue reading “Hedera: Why low trading activity could put HBAR short traders in jeopardy”
By Abiodun OladokunHedera made some significant developments in 2022, paving the way to becoming an NFT powerhouse. A price pivot could be on the way, as HBAR was shy of oversold conditions despite the downside. Now that 2022 is ending, it is time to recap the performance of some of the top layer 1s. Hedera [HBAR] roseContinue reading “Why Hedera might pull off a surprising comeback in 2023’s NFT market”
By Michael Nderitu