Is it time to buy Hedera Hashgraph after the latest gains?

Is it time to buy Hedera Hashgraph after the latest gains?
фото показано с : coinjournal.net

2022-7-23 20:57

Hedera Hashgraph token has gained 14% in the last week

Hedera network’s differentiation is a source of strength

HBAR, the native token, has hit a resistance

Hedera Hashgraph HBAR/USD has returned 14% in the past week. To an investor, the gains elicit the obvious question of whether the cryptocurrency will sustain gains. This analysis finds it’s not unless a key breakout and crypto sentiment is sustained. 

Hedera Hashgraph boasts of being a crypto network that lets anyone deploy applications. Hedera differentiates itself by restricting nodes used in determining the transaction history. That way, it reduces the potential alterations to the transactions. Hashgraph believes the feature guarantees businesses when using data to make decisions. Corporates such as IBM have been attracted to Hedera’s model.

While the use case for Hedera is never in doubt, it faces competition from other blockchains. Investors interested in the native token HBAR need to watch key level (s) before entering.

HBAR meets resistance amid a bullish week

Source – TradingView

HBAR is bullish after the week’s gains. The MACD line is above the moving average, confirming bullish momentum. However, a technical trader will be keen to know that HBAR has just met resistance at $0.07. The token is consolidating and likely to drop below as bullish momentum fades. That’s speculative as any potential surge could see HBAR trade above the resistance.

We insist HBAR must break above the resistance level to claim higher prices. If that successfully occurs, HBAR could reclaim $0.1. The next level is $0.15, depending on the prevailing crypto sentiment. For now, HBAR remains susceptible to $0.05.

Summary

Despite the weekly gains, HBAR is trapped by the $0.07 resistance. The token could slide further. A break above the resistance could help HBAR reach $0.1.

The post Is it time to buy Hedera Hashgraph after the latest gains? appeared first on CoinJournal.

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Hedera Hashgraph (HBAR) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.0591939
Капитализация $0 Rank 99999
Цена в час новости $ 0.0699352 (-100%)

hedera hashgraph gains latest buy time differentiation

Источник: coinjournal.net

hedera hashgraph → Результатов: 126


LG могут запустить криптокошелек на базе Hedera Hashgraph

Южнокорейский технологический гигант LG Electronics готовится в третьем квартале 2022 года выпустить криптовалютный кошелек Wallypto на базе сети Hedera Hashgraph. Об этом сообщает News1. В августе корпорация начала бета-тестирование приложения в качестве последнего этапа проверки.

2022-9-2 12:57


Фото:

СМИ узнали о планах LG выпустить криптокошелек на базе Hedera Hashgraph

Южнокорейский технологический гигант LG Electronics готовится в третьем квартале 2022 года выпустить криптовалютный кошелек Wallypto на базе сети Hedera Hashgraph. Об этом сообщает News1.

2022-9-2 18:06


Ubisoft войдет в управляющий совет Hedera Hashgraph

Издатель видеоигр Ubisoft и стоящая за развитием экосистемы Hedera Hashgraph некоммерческая организация HBAR Foundation заключили партнерство с целью поддержки роста сети и запуска в ней игр нового поколения.

2022-2-3 18:14


DBS Bank вошел в управляющий совет Hedera Hashgraph

Крупнейший банк Сингапура DBS Bank первым в Юго-Восточной Азии присоединился к управляющему совету корпоративной блокчейн-сети Hedera Hashgraph. The post DBS Bank вошел в управляющий совет Hedera Hashgraph first appeared on ForkLog.

2021-10-28 16:37


Лондонская школа экономика вошла в управляющий совет Hedera Hashgraph

Студенты и преподаватели Лондонской школы экономики и политических наук смогут улучшить свои знания о блокчейне в рамках партнерства университета с Hedera Hashgraph.

2021-8-20 14:53


Boeing вошел в управляющий совет корпоративной блокчейн-сети Hedera Hashgraph

Крупнейший аэрокосмический концерн Boeing вступил в управляющий совет корпоративной блокчейн-сети Hedera Hashgraph. Как пишет CoinDesk, компания стала десятым членом совета, присоединившись к FIS Global, Tata Communications, Nomura Holdings, IBM и другим его участникам.

2019-8-30 11:53


Hedera Hashgraph Adds Industry Vet Brett McDowell As Founding Executive Director

Brett McDowell, The Ex-PayPal Security Advisor, Has Joined Hedera Hashgraph The Hedera Hashgraph, one that has been considered to be the next generation public ledger, one that has been designed to have highly diversified governance together with the most distributed consensus if we are to look at scale has just made an announcement. The company […]

2019-2-28 21:09


Фото:

Legal Analysis: Can Patent Law Protect Hedera Hashgraph?

Hedera Hashgraph began life as an algorithm. But over the years since 2015 it morphed into a leviathan, raising around $100M on a $6bn valuation from institutional and accredited investors. After launch, it will be almost entirely independent from founding parent Swirlds, which is now one of the members of the Hedera Council and will […] The post Legal Analysis: Can Patent Law Protect Hedera Hashgraph? appeared first on Crypto Briefing.

2018-9-12 17:15


Фото:

Hedera Hashgraph Raises $100 Million; Seeking Another $20 Million via Crowdsale

The Hedera Hashgraph alternative blockchain platform has successfully raised $100 million through a future token sale targeted at institutional investors. As first reported by VentureBeat on August 1, 2018, the Hedera Hashgraph team is primed to use the funds to develop a new distributed public ledger that would be faster, more secure, and more efficient, than current blockchain systems.

2018-8-4 12:00


Стартап Hedera Hashgraph привлек $100 млн на развитие блокчейн-платформы

Блокчейн-стартап Hedera Hashgraph завершил новый раунд финансирования, собрав $100 млн долларов на дальнейшее развитие распределенной сети и экосистемы децентрализованных приложений. BREAKING NEWS: Hedera Hashgraph raises $100M to further develop #DLT network and dapp ecosystems.

2018-8-2 12:55


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Hedera (HBAR) token has experienced a 10.5% decline over the past two weeks despite significant integrations with Blade Wallet and Karate Combat some few days ago. While the integrations have brought substantial attention to the network, bagging 400,000 new accounts in just one week, the market has not reflected these positive changes in HBAR’s price. […]